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We use the lens of the resource-based view and horizontal agency cost theory to analyse the effect of the presence of different types of individual owners, i.e. owner-managers and non-manager individual shareholders, on the performance of high-tech entrepreneurial firms. Ownership enlargement...
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In this paper we use the theoretical lens of resource and competence-based perspectives and global strategic network theories to analyze the effects of international R&D alliances on the performance of high-tech start-ups. In the empirical section of the paper we consider the European Union...
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We address the key question of the efficacy of R&D policy measures in support of hightech start-ups. Distinguishing between subsidies awarded on a competitive basis and those assigned through an automatic procedure, we show that the former type led to a positive total factor productivity...
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The main strategic objective of bank-affiliated venture capital funds (BVCs) is to enhance demand of debt capital from portfolio companies. This paper investigates the channels through which banks pursue such a strategy. Using detailed data from seven Western European countries in the period...
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