While much prior research has focused upon how Technology Transfer Offices and other contextual characteristics shape the level of university spinoffs (USO), there is little research on entrepreneurial potential among individual academics, and to the best of our knowledge, no comparative studies...

This study tests the role of human capital in the identification and pursuit of opportunities in terms of general human capital (education, age and gender) and specific human capital (i.e., managerial capabilities, opportunity identification capabilities, technical capabilities, business...

While there is extensive work on labor mobility, research on entrepreneurial mobility is fragmented and many aspects are largely neglected. Building upon the strategic entrepreneurship, entrepreneurial behavior theory, resource-based theory and other literatures, a framework for analysis of...

This paper explores the dynamic interactions between entrepreneurs and politicians in transition China through an unconventional lens of management buyouts (MBOs). Specifically we identify two contrasting outcomes of entrepreneur-politician alliances: Privatization buyouts by entrepreneurs and...

We develop and test a theory of how organizations learn from performance feedback in the context of strategic decisions, where delayed outcomes result in performance feedback that is incomplete. In this context, firms facing a focal decision observe performance feedback for only a subset of...

It is well recognized that the nature of entrepreneurial activity varies by context and historical epoch. But are there systematic underlying factors that cause such significant differences in the entrepreneurial opportunity set? This paper presents a conceptualization of entrepreneurship based...

The European private equity market (management buy-outs and buy-ins) has grown in prominence over recent years with CMBOR figures showing the numbers of deals conducted rising from 1212 in 1998 to 1436 by the end of 2007. One of the most important features of this market has been the growth in...

Private Equity Demystified is published as part of the ICAEW Corporate Finance Faculty's thought leadership programme, Financing Change and includes a review of major academic studies on private equity globally. This not only outlines what is known, but highlights what isn't yet known about the...