On the role of value-network strength as an indicator of technology-based venture's survival and growth: Increasing innovation system efficiency by leveraging transaction relations to prioritize venture support

Technology-based ventures provide an important route for successful technology transfer [1], [2]. Their founders are supported in successful technology commercialization by innovation intermediaries [3]. Accordingly, the performance of an innovation system, at least to some extent, depends on the efficiency of these intermediaries in terms of the impact of their scarce resources on the survival and growth of technology-based ventures. To...