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By engaging in specific investments a firm may develop a unique competence value for its partner, which makes the partners mutually dependent. This may neutralize any hold-up risk of an opportunistic partner that is tempted to exploit the dependence and appropriate a greater share of the value...
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What factors drive the scaling up of firms in entrepreneurial ecosystems? We address this question by investigating whether startup founders' within-ecosystem social ties explain firms' relative success. We develop a novel database of startup companies and their founders in two markets (fintech...
Persistent link: https://www.econbiz.de/10012843917
In what ways does knowledge similarity among co-founders contribute to venture scaleup? This paper addresses this question by taking account of knowledge domains among early employees and in founders’ social networks. We build a theoretical framework to predict which knowledge combinations are...
Persistent link: https://www.econbiz.de/10013308997