In this paper, we analyze the equilibrium behavior of cryptocurrency miners in the wake of a major cryptocurrency fork. Miners are responsible for validating transactions and ensuring smooth functioning of the cryptocurrency platform. Specifically, we are interested in their strategic...

This study investigates the creative idea generation process in an open innovation platform. Idea generation process is simultaneously influenced by multiple activities: knowledge acquisition from participants' interactions with each others' ideas, deliberate practice through persistent...

Alliance formation is commonplace in many high-technology industries experiencing radical technological change, where established firms use alliances with new entrants to adapt to technological change, while new entrants benefit from the ability of established players to commercialize the new...

Alliance formation is commonplace in many high-technology industries experiencing radical technological change, where established firms use alliances with new entrants to adapt to technological change, while new entrants benefit from the ability of established players to commercialize the new...

The Angel Investor Performance Project (AIPP) collected information from 539 angel investors who were members of eighty-six angel investor groups and who had experienced 1,137 exits from their angel investments. This data set, the largest-ever set of angel investor exits, utilized angel...

Central to research in innovation and entrepreneurship is the argument that new ventures are influenced by the prior experiences of their founders. This study investigates how differences in founders' work experiences and prior career positions affect a new venture's technological choices at the...

Through a longitudinal study of the product development portfolios of 457 US-based firms in the biotechnology industry, we investigate how prolific inventors shape a firm’s innovative direction following product development failure. Contrary to received wisdom, we argue and demonstrate that an...

A genealogical theory of new venture creation posits that "parent" firm routines are transferred to "progeny" ventures founded by the former employees of these parents. This study examines how the knowledge available to a venture from its parent firms and individual founders, as well as its...