Showing papers in "Journal of Business Venturing in 2003"

TL;DR: In this paper, the authors examined the developmental process of nascent entrepreneurs for 18 months and found that bridging and bonding social capital, consisting of both strong and weak ties, was a robust predictor for nascent entrepreneurs and advancing through the start-up process.

TL;DR: In this paper, a theory of the opportunity identification process is proposed, which identifies entrepreneur's personality traits, social networks, and prior knowledge as antecedents of entrepreneurial alertness to business opportunities.

TL;DR: The authors argue that long-term changes in family composition and in the roles and relations of family members have produced families in North America that are growing smaller and losing many of their previous role relationships.

TL;DR: In this article, the authors reviewed and critically examined network-based research in entrepreneurship in three areas: content of network relationships, governance, and structure, and found that only partial empirical confirmation exists for a theory of network development.

TL;DR: In this paper, the authors develop a unified system model of performance that links the resources and capabilities generated in the enterprising families system with their potential for transgenerational wealth creation.

TL;DR: In this article, the authors explored heterogeneity in how firms have achieved high growth and identified seven different types of firm growth patterns related to firm age and size as well as industry affiliation.

TL;DR: In this paper, the authors draw on the household economics and altruism literatures to explain why family firms might feel compelled to offer family members short and long-term performance-based incentive pay and develop theory that predicts when this practice will be beneficial.

TL;DR: In this paper, a 100+item chronology of entrepreneurship education in the USA from 1876 through 1999 is offered and analyzed, with the major findings being that the field has reached maturity and growth is likely outside business schools and outside the USA.

TL;DR: The authors explored the reasons that nascent entrepreneurs offered for their work and career choices and compared those responses to the reasons given by a group of nonentrepreneurs, finding that self-realization, financial success, roles, innovation, recognition, and independence were the most common reasons for entrepreneurship.

TL;DR: In this paper, the authors investigated the hypothesis that the higher entrepreneurs' social competence (their ability to interact effectively with others as based on discrete social skills), the greater their financial success.

TL;DR: In this paper, an exploratory study examines the individual and interactive effects of family ownership and involvement on subsequent internationalization of a firm's operations and finds that family involvement and involvement in the firm as well as the interaction of this ownership with family involvement are significantly and positively associated with internationalization.

TL;DR: In this article, the authors identify three types of problems in failing successions: hidebound attachment to the past, wholesale rejection of it, or an incongruous blending of past and present.

TL;DR: In this paper, the authors examined the association between the presence of venture capital and the employee growth of startups and investigated the impact of VC financing events upon the growth of these companies and whether the amount of funding affects the intensity of the signal.

TL;DR: Based on interviews with 36 venture capitalists in 24 venture capital firms investing in China, this paper found that China's institutional environment creates a number of significant differences from the US and Europe, and discussed the impact of these findings on future research on Asian venture capital, theory development, and the activities of venture capital professionals in that region.

TL;DR: In this article, the authors identify strategies for families to utilize to increase the success of both their business and their family based on analysis of data in the 1997 National Family Business Survey (1997 NFBS).

TL;DR: In this article, the authors explored motivational differences between male and female entrepreneurs using a sample of MBA entrepreneurs and found that differences between female and male entrepreneurs become larger if the entrepreneurs are married with dependent children.

TL;DR: In this article, the authors discuss how, by substituting value creation for wealth creation as the defining function of family businesses, they can further extend and integrate the theoretical contributions of Habbershon et al.

TL;DR: In this article, the authors found that satisfaction with the succession process in family firms is enhanced by the incumbent's propensity to step aside, the successor's willingness to take over, agreement among family members to maintain family involvement in the business, acceptance of individual roles, and succession planning.

TL;DR: In this article, a trichotomous categorisation of university spinout into orthodox, hybrid and technology spinouts is proposed, arguing that the academic's embeddedness in a network of exoinstitutional and endo-institutional ties influences the type of spinout initiated.

TL;DR: The authors analyzes the relationship between public and private sources of venture capital in Europe and the development of the industry, controlling for characteristics of the legal systems, in 15 European countries over the period 1990-1996.

TL;DR: In this article, the authors used a sample of 68 small-and medium-sized enterprises (SMEs) publicly traded in Norway and found that founding family leadership moderates the relationship between ownership structure and firm performance.

TL;DR: In this paper, decision-making processes employed by venture capitalists varying in experience were compared and it was shown that for relatively inexperienced VCs, increasing experience is associated with improvements in reliability and performance relative to a bootstrapping model.

TL;DR: In this paper, the authors found no significant difference between the performances of male and female-controlled SMEs, after adjusting for risk, and found that although profits are significantly higher for male controlled SMEs than females, so is the variation in profits (risk).

TL;DR: In this paper, the authors examined the relationship between an entrepreneur, an angel, and a VC from the seed investment made by the angel to the exit stage and analyzed the moral hazard problems of the entrepreneur and the VC.

TL;DR: In this article, the authors investigated the role of networking alliances in information acquisition and its lagged effect on the new product performance of the firm, by using a longitudinal analysis, and they found that a firm improves its product performance as it increases the number of repeated partners and its centrality position relative to others in the technology collaboration network.

TL;DR: In this paper, the authors explore the primary rationalities governing the exchange relationships in family investment decisions during the early stages of new venture creation, and present activities as variants of agency contracts occurring within a continuum of familial "altruistic" and business "market" rationalities.

TL;DR: In this article, the authors investigate how young, publicly held technology firms contend with information asymmetry, and the hazards it introduces, to acquire the capital necessary for future growth, and find significant positive abnormal returns to announcements of private equity placements.

TL;DR: In this article, the authors examined the effects of human capital, organizational demography, and interpersonal processes on partner evaluations of venture performance, defined as the presence of profit and growth, and proposed that this perspective be included in future venture viability assessment, and used for intervention to enhance venture success.