Examines how the performance of young firms is influenced by their interorganizational exchange networks and whether the prominence of business partners affects the ability to acquire critical resources, particularly capital. The following four hypotheses are posited: (1) the greater the...

Tennant, a leading producer of floor cleaning equipment, must determine how to create, finance, structure, staff, govern, measure and manage a new venture for developing a fundamentally new product line. In 2005, Tennant Company had developed an innovative, environmentally friendly, cleaning...

Intraorganizational social networks are known to be important antecedents to individual career attainment, but research examining their influence on firm-level performance has been limited. We argue that the intrafirm network is likely to affect two firm-level outcomes: coordination and...

We use investment-level data to study performance persistence in venture capital (VC). Consistent with prior studies, we find that each additional IPO among a VC firm's first ten investments predicts as much as an 8% higher IPO rate on its subsequent investments, though this effect erodes with...

We use investment-level data to study performance persistence in venture capital (VC). Consistent with prior studies, we find that each additional IPO among a VC firm's first ten investments predicts as much as an 8% higher IPO rate on its subsequent investments, though this effect erodes with...