This study examines the relationship between venture capitalist actions and the eventual disposition of a venture through an IPO, which is the most profitable exit strategy. The actions included in this study were ( 1) altering the amount of their investment; ( 2) securing a concentrated equity...

I develop a prescriptive model of entrepreneurial search and discovery, which operationalizes constrained, systematic search. This approach appears to be superior to the alertness perspective in both the number and the wealth-creating potential of the opportunities that it can assist...

Using a sample of 893 SMEs over a ten year period, we test how firms may reduce the inefficiencies in their absorptive capacity (ACAP) due to path dependence. Our research shows that for frequent innovators, potential absorptive capacity (PACAP) has a greater effect than realized absorptive...

In this paper, we introduce precedence-type tests for testing the hypothesis that two distribution functions are equal, which is an extension of the precedence life-test rst proposed by Nelson (1963), when the two samples are progressively Type-II censored. The null distributions of the test...

In reliability and survival analysis, comparison of two or more populations is an important problem. For example, while comparing a treatment group with a control group, one may be interested in determining whether the observations in the treatment group have a longer lifetime than those from...

A new class of bivariate and trivariate discrete distributions with binomial and multinomial marginals are studied. This class of distributions are obtained by the natural way using probabilistic properties of the considered sampling model. The applications in exceedance models for order...