How does the relationship between founding team composition and venture performance depend on the venture’s strategy and business environment? Using data from a novel survey of 2,067 firms, we show that while diverse founding teams tend to exhibit higher performance, this is not universally...

This paper analyzes major patterns and trends in entrepreneurship among technology-based university alumni since the 1930s by asking two related research questions: (1) Who enters entrepreneurship, and has this changed over time?; and (2) How does the rate of entrepreneurship vary with changes...

How does the relationship between the organizational context for venture idea formation and venture performance depend on the venture’s founding team and business environment? Using data from a survey of 2,067 firms, we show that venture ideas emerging from research lab contexts are imprinted...

Organizational design in the context of new venture development is particularly challenging due to initially severe resource constraints. We address the question of when initial venture idea assets versus founder contracting experience are more important for venture performance. One view of new...