Heterogeneity in entrepreneurial entry has often been examined through the lens of the differences in founders’ prior knowledge, especially prior work experience. In the context of this literature, scholars have argued that small firms (relative to large firms) facilitate the acquisition of...

Our study examines the mediating effect of spin-out team characteristics on the relationship between founder quality and parent and spin-out performance. Since the ability to transfer or recreate complementary assets is a critical determinant of performance, we theorize and show that founders...

Extant work in strategic management has focused on the role of various legal levers when managing human capital. Companies use such levers to improve employee retention and prevent leakage of knowledge to rivals. Specifically, noncompete agreements (NCAs), contracts that prevent employees from...

The intra-industry activities of employees post-exit from incumbent firms have been identified as an important determinant of industry dynamics and structure. The post-exit founding of startups employee entrepreneurship is widely heralded as an important driver of innovation, firm creation and...

We develop a theoretically grounded framework to explain the stylized fact that immigrants launch a disproportionate number of startups in high technology industries. We examine how immigration-related institutional constraints in the US shape early career choices of immigrants, with subsequent...

We theorize that differences in human assets’ ability to generate value are linked to exit decisions and their effects on firm performance. Using linked employee-employer data from the U.S. Census Bureau on legal services, we find that employees with higher earnings are less likely to leave...