As hotbeds for techno­logical innovation, university research labs create groundbreaking innovations that have been at the heart of many successful entrepreneurial ventures. But powerful ideas do not neces­sarily beget successful companies; great ideas must be identified, acquired, and...

Although economic globalization has transformed contemporary conceptions of space, location still matters enormously for both individual entrepreneurs seeking to develop a sustainable business and policy makers looking to foster entrepreneurship within a particular city or region. In making the...

Given the significant role of startups in the wellbeing of the economy and considering that more than half of the existing startups either work or have activities related to the IT field, in the current paper we have proposed a model meant to aid IT startups in their development process and in...

This paper investigates the underlying sources of the US entrepreneurial ecosystem's comparative advantage by assessing the benefits Israeli technology startups derive from migrating to the US. To address positive sorting into migration we adopt three complementary approaches, which include...

We study the phenomenon of “company builders” – a recent type of business incubators that create new ventures in a factory-like manner, i.e., with a focus on efficiency and scale, and by using standardized processes and shared resources. To characterize this novel organizational form and...

Strategic entrepreneurship is a newly recognized field that draws, not surprisingly, from the fields of strategic management and entrepreneurship. The field emerged officially with the 2001 special issue of the Strategic Management Journal on “strategic entrepreneurship”; the first dedicated...

Recent years have seen the emergence of a new incubator model, the "networked incubator", which is a hybrid form of the archetypal business incubators, based on territorial synergy, relational symbiosis and economies of scale, to the benefit of the participating 'incubatees'. The question...

This paper studies a repeated-game model in which firms can build a reputation for rewarding innovative employees. In any Pareto efficient equilibrium, low-value innovations get developed in established firms, while high-value innovations get developed in startups. The threshold level can be...

New business formation is a key driver of regional transformation and development. While we know that a region’s attractiveness for new businesses depends on its resources, infrastructure, and human capital, we know little about the role of local business networks in promoting or impeding the...

How do you value companies which have IPOed recently? How do you compare them amongst their peers? Valuing companies using a linear extrapolation of their revenues and profits leads to an ingenious method to benchmark stocks against each other. Here we present such a method, dubbed the growth...