Why do some ventures grow to become dominant market players while most new ventures that do not fail limp along more modest trajectories? In comparison with our knowledge regarding determinants of venture creation or survival, the phenomenon of venture growth has been relatively neglected, both...

The creation of spinoffs by academic-inventors stimulates economic development and develops state-of-the-art technology (Shane, 2004). In this exploratory study, we examine why academicinventors commercialize inventions through the creation of a start-up. Drawing on data from a sample of 327...

The purpose of this study is to determine whether individual differences and organizational contexts have an impact on the degree to which entrepreneurs exhibit overconfidence.Following a discussion of the cognitive biases (including overconfidence) associated with entrepreneurship, a number of...

Examines the process by which entrepreneurial teamsselect new members. First, a review of two existing explanations for new memberaddition is offered. In the first theory, addition is viewed as a rationalprocess driven by economic, instrumental considerations. The second explanationsets...