Showing papers in "Journal of Business Venturing in 2004"

TL;DR: In this paper, the authors examine whether VCs emphasize picking winners or building them by comparing the effects of startups' alliance, intellectual, and human capital characteristics on VCs decisions to finance them with the same characteristics on future startup performance.

TL;DR: In this paper, the authors suggest that a cognitive perspective may provide important insights into key aspects of the entrepreneurial process and suggest that this perspective can help the field of entrepreneurship to answer three basic questions it has long addressed: (1) Why do some persons but not others choose to become entrepreneurs? (2) Why did some persons not others recognize opportunities for new products or services that can be profitably exploited? (3) Why are some entrepreneurs so much more successful than others).

TL;DR: In this article, the determinants of capital structure and types of financing used around business start-ups utilizing a survey that reduces the confounding effects of survivorship bias are examined both in the choice and in the magnitude of finance use.

TL;DR: In this article, the authors track the life histories of 223 Swedish new ventures started between January and September 1998 by a random sample of firm founders and explore the effect of legitimating activities on the hazard of disbanding and the transition to other firm organizing activities during their first 30 months of life.

TL;DR: In this article, the state-of-the-art in the emerging field of international entrepreneurship (IE) is assessed to provide insight as to the "state of the art" of IE methodologies.

TL;DR: In the increasingly turbulent and competitive environment business firms face today, a type of “entrepreneurial” leader distinct from other behavioral forms of leadership is required as discussed by the authors.

TL;DR: In this article, cognitive approaches to creativity are discussed as they relate to an important task of entrepreneurs: generating novel and useful ideas for business ventures, and the paradoxical role of knowledge, which can either enhance or inhibit creativity.

TL;DR: In this paper, the authors describe how a team of entrepreneurs is formed in a high-tech start-up, how the team copes with crisis situations during the startup phase, and how both the team as a whole and the team members individually learn from these crises.

TL;DR: In this article, the authors propose regulatory focus theory, which delineates how people engage in self-regulation, the process of bringing oneself into alignment with one's standards and goals.

TL;DR: Nelson et al. as mentioned in this paper examined the effect of one U.S. public policy initiative (the Bayh-Dole Act in the United States) on one aspect of technology commercialization (university patenting).

TL;DR: This paper investigated if the career anchors of research scientists and engineers (RSEs) influenced their entrepreneurial intentions and the types of businesses they intended to found and found that the security anchor negatively impacted on entrepreneurial intentions, while the managerial anchor had a positive impact.

TL;DR: In this paper, the authors examined the relationship of the entrepreneur's personality to long-term venture survival and found that conscientiousness was positively related to longterm venture survivability, while extraversion, emotional stability, agreeableness, conscientiousness, and openness to experience were negatively associated with the likelihood of survival.

TL;DR: In this article, the authors focus on the intangibles of entrepreneurship, namely access to novel ideas, role models, informal forums, region-specific opportunities, safety nets, access to large markets, and executive leadership.

TL;DR: In this article, the authors suggest a theory of the entrepreneurial firm grounded in organizational economics and bounded by the rent generation and appropriation of entrepreneurial knowledge, which is similar to the one we consider in this paper.

TL;DR: In this article, agent models are proposed as an alternative to mathematics as a means of applying modern normal science standards to research on entrepreneurship, without downgrading thick, postmodernist descriptions of complex causality.

TL;DR: In this article, the authors propose to focus on categories within entrepreneurs, such as those who want to become entrepreneurs but do not suggest compelling research questions about barriers to entrepreneurship, while those who do become entrepreneurs need to develop expertise.

TL;DR: In this article, the authors argue that writing business plans before undertaking marketing activities should enhance the continuation of venture-organizing efforts, and examine 223 new venture organizing efforts initiated in the first 9 months of 1998 by a random sample of Swedish entrepreneurs and show that those organizing efforts in which entrepreneurs completed business plans and began marketing or promotion had a lower hazard of termination than other organizing efforts.

TL;DR: The authors argued that variance and process theories must be evaluated on their own items, and argued that event-driven and outcome-driven explanations represent different kinds of process and variance theories that are based on fundamentally different ontological assumptions.

TL;DR: In this paper, the authors examined how Internet startups' venture capital financing and strategic alliances affect these startups' ability to acquire the resources necessary for growth, and found that three factors positively influenced a startup's time to IPO: the better the reputations of participating venture capital firms and strategic alliance partners were, the more money a startup raised, and the larger was the size of a startup network of strategic alliances.

TL;DR: In this article, the authors examined the effects of knowledge relatedness on the post-spinoff growth of firms spun off from industrial parent firms and found that growth is maximized when the knowledge base of the spin-off firm partially overlaps with that of its parent.

TL;DR: In this article, the important questions in a firm's internationalization strategy deal with which national markets they should enter and the order in which the chosen markets should be entered in which order.

TL;DR: In this article, the authors examined the MBO/MBI process within an agency theory framework with particular emphasis on the balance of information and the relationships between vendors and purchasers.

TL;DR: This paper examined the interorganizational relationships among venture capitalists and new venture teams for their contribution to long-term improvement in the performance of a venture and found no statistically significant support for strategic information, negative association for dismissals and positive support for procedurally just interventions.

TL;DR: In this article, the authors propose an entrepreneurial theory of the firm that is based on dispersed knowledge and argue that the dispersion of knowledge over people and places and over time leads to uncertainty.

TL;DR: The authors developed the idea that strategic groups exist among franchisors and that performance differs among the groups Using a sample of 65 restaurant chains, three strategic groups were found and the strategic group most influenced to franchise out of resource scarcity exhibited poorer performance than the other two groups.

TL;DR: It is concluded that successful intelligence, not just a subset of its components (analytical, creative, and practical abilities), is needed for entrepreneurial success.

TL;DR: In this paper, the authors investigate the relative role played by alertness and asymmetric information on entrepreneurial decisions, and find that more alert agents have higher probabilities of exhibiting entrepreneurial behavior.

TL;DR: The authors found that ideology is a strong moderator of the relationship between founder succession and organizational failure, and that ideology conditions the impact of managerial roles and organizational affiliations on failure following founder succession.

TL;DR: In this paper, the authors examined how technological capabilities and international collaborative linkages affect entrepreneurial firms' abilities to build a foreign sales base in a highly competitive global industry, and they found that both technologies and international collaboration potentially aid firms' development of foreign sales.