We analyze the relationship between management support offered by venture capital firms and the performance of entrepreneurial start-ups. Based on the reasoning of the resource-based view, we use a sample of 106 German start-up companies to derive and empirically test several hypotheses. Our...

Research on family firms has proliferated in recent years. However, despite recurring scholarly calls, still little research is looking at the strategic management of family firms. In particular, the implications of strategic fit on the performance of family firms have been largely neglected...

On the basis of a sample of 184 top executives, we investigated the roles of decision quality and perceived uncertainty in the relationship between decision comprehensiveness and performance. Our results show that decision quality mediates a large proportion of the...

Summary Benefiting from new Internet technologies and altered user behavior, social networking sites have become the poster child of a series of new web services that have been emerging with the advent of "Web 2.0". In this article, we follow a comparative case approach of two major German...

Managers sometimes sacrifice profits only to improve their relative competitive standing, a behaviour that is known as “competitive irrationality.” Previous research has generated a wealth of insight into the general foundations of this often dysfunctional type of managerial decision-making....

Prediction markets are an innovative forecasting method that has proven high prediction accuracy in many areas. The method is, however, far from being established since many organizations are still reluctant to use the method. In particular the trust in the forecast results is a key challenge...

Prediction markets are considered as a promising new forecasting method that has proven high prediction accuracy in many areas such as politics, sports, and business-related fields. The method is, however, far from being established or even understood. The specific circumstances and market...

Die grundsätzlich neuen institutionellen und politischen Rahmenbedingungen, die durch die Errichtung des europäischen Systems der Zentralbanken (ESZB) vorgegeben wurden, verlangen - darin sind sich alle an der Diskussion Beteiligten einig - eine grundlegende Strukturreform der Deutschen...