Factors that result in managerial changes in new firms are discussed, and compared with what is known about large firm succession.More specifically, the effects of firm growth, strategic change, various levels of ownership, board independence, and current top management characteristics on...

A genealogical theory of new venture creation posits that "parent" firm routines are transferred to "progeny" ventures founded by the former employees of these parents. This study examines how the knowledge available to a venture from its parent firms and individual founders, as well as its...

Central to research in innovation and entrepreneurship is the argument that new ventures are influenced by the prior experiences of their founders. This study investigates how differences in founders' work experiences and prior career positions affect a new venture's technological choices at the...