Journal of Business Venturing
Papers 1320
1 page of 132 pages (1,320 results)
Abstract The market for secondary venture capital transactions provides a way for investors to obtain liquidity if the investee start-up corporation has not yet reached sufficient maturity for an IPO. It also creates divestment opportunities for badly performing ventures that investors would rather abandon. We analyze the way in which the opportunistic behavior and liquidity constraints of venture capital funds channel deal flow into the secondary venture capital market. Such opportunistic behav...
#1Evan J. Douglas (Griffith University)H-Index: 16
#2Dean A. Shepherd (ND: University of Notre Dame)H-Index: 72
Last.Catherine Prentice (Griffith University)H-Index: 13
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Abstract The great majority of entrepreneurship theory has been conceptualized to be tested using symmetric quantitative methods, such as multiple regression analysis and structural equation modeling. These traditional symmetric methods test relationships between proposed independent and dependent variables to explain entrepreneurial phenomena. Symmetric methods require the data to conform to restrictive assumptions, including normally distributed data, symmetric data relationships, and independ...
#1Raffaello BronziniH-Index: 1
#2Gianpaolo Caramellino (Boston Consulting Group)H-Index: 1
Last.Silvia MagriH-Index: 1
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Abstract In this paper we use a new methodology aimed at identifying only the venture capitalists (VC) treatment effect: we compare a representative sample of firms financed by private VC in the period 2004–2014 with a sample of firms rejected by VC at the very late-stages of the screening process. These firms narrowly lost the contest and are hence very similar, before VC financing, to the VC backed firms; self-selection is specifically taken into account. In line with previous results, Italian...
#1Ryan Shuwei Hsu (NTNU: National Taiwan Normal University)
#2Aichia Chuang (NTU: National Taiwan University)
Last.An-Chih Wang (China Europe International Business School)
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Abstract This study aims to explain the interplay between business founders' work design and new venture development. Our qualitative research reveals that founders' work design differs in terms of unsettled and settled work. In unsettled work, founders redesign their work to serve the needed changes in their new ventures. In settled work, founders, who develop a commitment to their self-created work, often maintain rather than change their work, regardless of the potentially needed changes in t...
#1Michael Koch (UKC: University of Kent)H-Index: 1
#2Sarah Park (UKC: University of Kent)H-Index: 2
Last.Shaker A. Zahra (UMN: University of Minnesota)H-Index: 84
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Abstract A substantial body of research examines entry into and exit from self-employment. However, little is known about the career patterns of the self-employed, their transitions into and from self-employment and the success associated with different patterns of their careers. To address these issues, we examine the career patterns of individuals with self-employment experience and their relationship to objective and subjective career success using data from the German Household Panel (SOEP)....
#1Anne Domurath (WLU: Wilfrid Laurier University)H-Index: 2
#2Holger Patzelt (TUM: Technische Universität München)H-Index: 32
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Abstract Although a strong organizational identity (OI) is important for venture success, the impact of negative feedback on a new venture's OI is poorly understood. Drawing on human capital theory we argue that founding teams with more founding and industry experience can more effectively defend OI after negative feedback. Using literature on intra-group bias we further theorize that these benefits of founding and industry experience are more pronounced when feedback emerges from sources extern...
#1Lingli Luo (IBS: International Business School, Germany)
#2Xufei Ma (CityU: City University of Hong Kong)H-Index: 14
Last.George A. Shinkle (UNSW: University of New South Wales)H-Index: 6
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Abstract We examine how the social status of a cluster contributes to new venture creation. The key thesis of this paper is that cluster status facilitates new venture creation by providing positive decision cues for entrepreneurs; and it serves as a boundary condition of the relationship between cluster size and new venture creation. Based on a sample of township industrial clusters in China’s Guangdong Province from 2005 to 2013, we demonstrate that a higher-status position of the focal cluste...
#1Abu Zafar M. Shahriar (Monash University)H-Index: 5
#2Dean A. Shepherd (Mendoza College of Business)H-Index: 72
Abstract Domestic violence is the most prevalent form of gender-based violence that threatens the wellbeing and dignity of women. In this paper, we examine whether and how exposure to physical or sexual assault by male partners influences women's decision to initiate a new business when they have access to financing. We collected primary data from rural Bangladesh in collaboration with a microfinance institution that provided small collateral-free loans to a group of married women. We conducted ...
#1Karl Taeuscher (Manchester Institute of Innovation Research)
Abstract Reputation represents an important driver of new venture performance. This article shows that the performance benefits of reputation are substantially contingent on ventures' market conditions. My study of 797,087 sales transactions by 5760 new ventures in 119 platform-mediated online markets provides strong evidence that market crowding attenuates the reputation–performance relationship. Ventures benefit 38% to 42% more from a favorable reputation when they compete in an uncrowded (ver...
#1Azzurra Meoli (UNIBO: University of Bologna)H-Index: 1
#2Riccardo Fini (UNIBO: University of Bologna)H-Index: 14
Last.Johan Wilklund (SU: Syracuse University)H-Index: 50
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Abstract In this paper, we build on social cognitive career theory to examine the relation between entrepreneurial intention and new venture creation (i.e., the entrepreneurial career choice). We model how contextual influences at different levels may favor or inhibit the translation of entrepreneurial intention into new venture creation. Using unique longitudinal data from almost the entire population of Italian university graduates, we are able to assess how the immediate (i.e., the influence ...
Top fields of study
Venture capital