Berger, Elisabeth S. C.; Kuckertz, Andreas - In: Credit and Capital Markets – Kredit und Kapital 51 (2018) 2, pp. 293-314
Entering status dominated environments as new entrant is a difficult endeavor. Accumulated advantages go along with the tendency of incumbents to succeed, whereas entrants are likely to lose (Matthew effect). This study examines what combination of deal resources accumulated by venture capital...