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This paper analyses the association between dynamic capabilities and new firm growth, controlling for measures of firm resources, characteristics of the entrepreneur, and aspects of the environment. The central research question is: How strong is the relationship between dynamic capabilities and...
Persistent link: https://www.econbiz.de/10010263862
high growth firms, which are key in innovation and entrepreneurship policies. …
Persistent link: https://www.econbiz.de/10010266657
The purpose of this paper is to examine the existence of cross-level moderating effects between national appropriability conditions, individual level predictors and entrepreneurial growth aspirations. We test a multi-level model that connects the determinants of strategic resource allocation...
Persistent link: https://www.econbiz.de/10010271188
economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the … that ambitious entrepreneurship contributes more strongly to macro-economic growth than entrepreneurial activity in general …. We find a particularly strong effect of high-expectation entrepreneurship for transition countries. These results are …
Persistent link: https://www.econbiz.de/10010276971
Young Innovative Companies (YIC) gained increasing attention from governments and scholars due to their expected high innovative performance and growth. Consequently, this study investigates whether Young Innovative Companies, as defined by the EU, grow more than other firms, both in terms of...
Persistent link: https://www.econbiz.de/10010308750
I study the effect of limited attention on resource allocation by venture capitalists. Using engagement in the IPO process as a measure of distraction, I document that investments made by distracted venture capitalists into new portfolio companies tend to underperform. Such companies are 7% less...
Persistent link: https://www.econbiz.de/10012003141
We examine market selection mechanisms and their strength for a representative cohort of US new independent firms. In particular, we explore whether and how effectively markets reward newly-born firms according to their "fitness" in terms of both labour productivity and profitability. Our...
Persistent link: https://www.econbiz.de/10011610241
The role of R&D investment on firm's performance is not clear from a theoretical perspective. While the effort in R&D activities conducted internally helps firms to develop the ability to identify, assimilate and apply external knowledge successfully (Cohen and Levinthal, 1990), such activities...
Persistent link: https://www.econbiz.de/10012198405
Recent research has underscored the prominent role played by a small fraction of fast-growing new firms in contributing to aggregate net employment growth. While it is typically assumed that those firms experience this superior performance thanks to their ability in undertaking technological...
Persistent link: https://www.econbiz.de/10012111541
Policymakers in several countries have recently taken steps to promote the rapid export expansion of small- and medium-sized enterprises (SMEs). The goal of these policies has been to create successful export-intensive firms, which are often referred to as born globals. These measures are...
Persistent link: https://www.econbiz.de/10011852369