We show how social ties and contractual factors shape the relationship between entrepreneurs and venture capitalists (VCs). While direct ties result in the VC offering more advice to the entrepreneur, indirect ties result in greater levels of disagreement between VC and entrepreneur. We also...

The resource-based view of the firm is used to examine entrepreneurship as an organizational capability that has a modifying effect on market orientation. According to the model developed of the market orientation-performance relationship, the effect of a firm's market orientation on business...