The main purpose of this study is to identify common characteristics of failed technology-based ventures according to stages of growth. We used a large size of sample which includes 2,052 firms designated as 'governmentally certificated; ventures by Korean government. We identified 502 failed...

We study the level of market competition as a determinant for the propensity of cooperation between startups entering new markets and incumbents operating in these markets. We provide ample empirical evidence suggesting that startups and incumbents are more likely to cooperate in the...