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We examine the dilemma of ethnic investors in using ethnic network ties to invest by extending the ‘ethnic enclave' concept to incorporate two dimensions: social network and social status. Our analysis of the first round of venture capital funding in Silicon Valley from 1976 to 2004 shows a...
Persistent link: https://www.econbiz.de/10012943094
Prior research on firm behavior in emerging economies like China has highlighted the extensive building and use of political ties by business managers. However, there are mixed findings regarding the value of political ties on firm performance. In this study, we propose a task-contingency...
Persistent link: https://www.econbiz.de/10012970109
Most of the entrepreneurship literature has addressed the benefits and necessity of using social network ties as opposed to market methods in early venture finance, but it has largely understated the potential limitations and costs of doing so. Specifically, very sparse research has examined the...
Persistent link: https://www.econbiz.de/10012975277
The entrepreneurship literature suggests that network ties are useful in mitigating the problem of information asymmetry faced by entrepreneurs when acquiring resources at the early stage of venture creation. We introduce prior knowledge of resource owners as an inverse measure of information...
Persistent link: https://www.econbiz.de/10012975278
This study examines how institutional environmental factors, including cultural norm, state regulatory system and venture capital market, influence the high-tech entrepreneur's choice for using network vs. market methods when approaching prospective investors at the early stage of their new...
Persistent link: https://www.econbiz.de/10013008147
This study investigates when indirect ties, in which a referrer appears between an entrepreneur and a resource owner, can enhance the likelihood of resource acquisitions for starting a new venture. The authors argue that when either resource owners or referrers possess a greater level of prior...
Persistent link: https://www.econbiz.de/10013008148
Cover; Half Title; Series; Title; Copyright; Contents; List of figures; List of tables; List of contributors; Part I Introduction to innovation and innovation management; 1 Innovation and innovation management; 2 Deliberate and spontaneous: the impact of cognitive disinhibition on people...
Persistent link: https://www.econbiz.de/10013180955