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New ventures often require debt financing but face difficulties convincing lenders of their creditworthiness because of agency problems. Researchers have shown that social capital can help small firms reduce lenders' agency concerns but new ventures do not yet have their own social capital. We...
Persistent link: https://www.econbiz.de/10009023479
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We explore how R&D project characteristics condition the governance of an R&D project and its individual activities. Prior literature has tried to understand the factors - both at the industry and at the firm level - that influence the way in which firms partner for innovation. In this paper,...
Persistent link: https://www.econbiz.de/10005106617
Faster technological development, shorter product life-cycles, and more intense global competition have transformed the current competitive environment for most firms. This new competitive landscape forces organizations to actively acquire knowledge, as a firm's competitive advantage is now more...
Persistent link: https://www.econbiz.de/10005053674
This paper aims to contribute to the service innovation literature by analyzing the different phases of e-service innovation in relation to the dichotomic model of practice-based versus directed innovation. In detail, using the case study method, the study investigates the innovation process of...
Persistent link: https://www.econbiz.de/10011104484
Despite the importance that e-service is gaining among firms and public administrations, academic research on this topic is still in its infancy (Santos, 2003), and relatively little work has been carried out. Although prior analyses have examined the rise and fall of specific theories or...
Persistent link: https://www.econbiz.de/10011140443
Based on a sample of 539 angel investors, we empirically test the impact of new ventures resource acquisition/allocation strategies in different development stages on angels abnormal returns and their extremeness. Our exploratory findings suggest that at early stages of development, ventures...
Persistent link: https://www.econbiz.de/10011016171
This study explores how the ethnicity of small business owners affects the influences of family ownership on their willingness to borrow. While the willingness issue is fundamental in the literature on small business debt financing, it has been understudied. We introduce an indirect measure of...
Persistent link: https://www.econbiz.de/10010666943
Modeling social tagging plays a critical role in identifying statistical regularities and structural principles common to social tagging systems. Existing modeling approaches only consider imitations or background knowledge of users. However, common interests among users are ignored. In this...
Persistent link: https://www.econbiz.de/10010906993