Drawing upon the resource-based view and knowledge-based theory, this research investigated the roles of entrepreneurial social capital and knowledge structure in the process of new venture innovation. A questionnaire survey was conducted on a sample of 1000 new ventures in U.S. The analysis...

In this paper, we examine the performance of the market mechanism by focusing on whether no one, in the "long-run", can be left behind with technological innovation in the economy. We show that the market mechanism with technological innovation unavoidably leaves some individuals behind. We...