Cross-Cutting Ties, Organizational Density, and New Firm Formation in the U.S. Biotech Industry, 1994–98

Bae, Jonghoon; Wezel, Filippo Carlo; Koo, Jun

doi:10.5465/amj.2011.60263089

Cited by 31 publications

(26 citation statements)

References 71 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Knowledge brokerage is derived from the theory of structural holes, which states that certain firms or individuals play a key role in bridging knowledge gaps and generating access among previously unconnected knowledge resources (Burt, 1992). It has been found that brokers who are familiar with activities in different regions/countries are better able to see how knowledge or practices in one region could create value in the other and then translate the knowledge or practices into business opportunities in the target region (Bae, Wezel, & Koo, 2011;Burt, 2004). In particular, knowledge brokers have advantages in accessing valuable information prior to others, and they enjoy benefits in terms of exerting controls over rewarding opportunities, which are referred to as information and control benefits (Burt, 1992).…”

Section: Theoretical Background and Hypothesesmentioning

confidence: 99%

“…It has been found that individuals who span different countries are more likely to identify opportunities via timely access to non-redundant information (Ellis, 2011). For example, R&D collaborations between distant geographic areas give rise to the establishment of new firms due to access to novel and diverse knowledge (Bae et al, 2011). Because the source of entrepreneurial opportunities is rooted in information asymmetries (Eckhardt & Shane, 2003), returnee knowledge brokers have advantages in pursuing entrepreneurial opportunities due to better access to a broad array of novel and non-redundant ideas by spanning countries (Burt, 2004;Ellis, 2011).…”

Section: International Knowledge Brokerage and Returnee Entrepreneurshipmentioning

confidence: 99%

See 1 more Smart Citation

International knowledge brokerage and returnees’ entrepreneurial decisions

Lin

Liu

et al. 2016

J Int Bus Stud

View full text Add to dashboard Cite

Section: Theoretical Background and Hypothesesmentioning

confidence: 99%

Section: International Knowledge Brokerage and Returnee Entrepreneurshipmentioning

confidence: 99%

International knowledge brokerage and returnees’ entrepreneurial decisions

Lin

Liu

et al. 2016

J Int Bus Stud

View full text Add to dashboard Cite

“…At the same time, it is recognized that the success of such initiatives not only depends on the existence of adequate venture support programmes to facilitate the creation of NTBFs, but also on the ability of entrepreneurs themselves to persist and endure in the face of numerous challenges (Markman et al, 2005;Stoltz, 1997). Scholars (Bae et al, 2011;Bruyat and Julien, 2001) have observed that technology entrepreneurs typically face challenges that are characterized by uncertainty, ambiguity, scarcity of resources, marginal performance and information asymmetry, among other technology-specific issues. Thus, founders of NTBFs often find themselves in particularly complex and challenging situations.…”

Section: Introductionmentioning

confidence: 99%

How do social skills enable nascent entrepreneurs to enact perseverance strategies in the face of challenges? A comparative case study of success and failure

Lamine¹,

Mian²,

Fayolle³

2014

International Journal of Entrepreneurial Behavior &Amp; Research

View full text Add to dashboard Cite

Purpose – This paper seeks to advance ongoing research in entrepreneurial perseverance. While the concept of perseverance is not new, few researchers paid attention to behavioural persistence in the entrepreneurial context. The purpose of this paper is to explore the emergence of new technology based firms (NTBF) by focusing on the role of nascent entrepreneurs’ social skills in the meeting the changes of entrepreneurial perseverance. Design/methodology/approach – In this paper the authors study the start-up phase of entrepreneurial process. The authors opted for a longitudinal case study approach in order to enhance the knowledge on entrepreneurs’ social skills and perseverance. For triangulation purpose the data were gathered using four different information sources. The use of Nvivo8 as the data analysis tool helped to impose a discipline and structure which facilitated the extraction of core insights. Findings – This paper contributes to the understanding of the entrepreneurial perseverance in the context of new venture creation. Particularly, reading the entrepreneurial process through the lens of the perseverance strategies model (Van Gelderen, 2012) provided a way to identify and then to assess the impact of the social skills on the overall entrepreneurial perseverance and their combined impact on the performance of NTBF creation process. In doing so, the authors identify the impact of entrepreneurs’ social skills to deal with a series of entrepreneurial problems such as scarcity of resources, uncertainty and ambiguity and consequently their impact on the likelihood of survival for new ventures. The issues that arose mostly reflected the inherent complexity of technology transfer processes, the university and entrepreneurs’ diverging cultures, and the very characteristics of the start-up phase of NTBFs. The findings reveal how social skills impact the entrepreneurial paths and probable outcomes. Research limitations/implications – This paper contributes to the understanding of the entrepreneurial perseverance in the context of NTBF creation. The findings reveal how social skills and perseverance impact the entrepreneurial paths and probable outcomes. Practical implications – The paper has implications for entrepreneurial support mechanisms such as technology business incubators in helping them to improve the efficacy and efficiency of their assistance to entrepreneurs through the development of their skill-sets and perseverance and providing enabling networking. In addition, the research has implications for entrepreneurship education and training. Indeed, there is an urgent need to design and implement courses and programs aiming at developing soft skills in entrepreneurship. Originality/value – In exploring networking and issues of perseverance for nascent entrepreneurs operating in new technology-based sectors, which the authors consider as an under searched area in entrepreneurial literature.

show abstract

“…Ties to other organizations play an important role in these outcomes because they act as conduits of valuable 'network resources' (Dyer and Singh, 1998;Gulati, 1999Gulati, , 2007Podolny and Page, 1998). The pattern of firms' inter-organizational relations affects their market actions and, more broadly, the processes of competition in a market (e.g., Bae et al, 2011;Baker, 1990;Burt, [1992Burt, [ ] 2009Uzzi, 1997;Zaheer et al, 2000). Firms that lack cooperative relations are disadvantaged compared with those embedded in them.…”

Section: Network Ties and Uncertainty Reductionmentioning

confidence: 99%

Following in Partners’ Footsteps: An Uncertainty‐Reduction Perspective on Firms’ Choice of New Markets

Makarevich

Kim

2018

J Management Studies

View full text Add to dashboard Cite

In this paper, we develop a new perspective on what determines firms’ choice of new markets for entry. First, drawing on the open‐system theoretical tradition and literature on inter‐organizational networks, we advance and empirically test the proposition that firms tend to enter new markets to which they are connected by partnership ties. We then show that this network influence is filtered through the structure of firms’ network connections to new markets and firms’ experience. Specifically, we find that multiplicity of connections to new markets, as well as the extensiveness of firms’ experience and its relevance to new markets weaken the effect of network ties on firms’ choice of new markets. The results of this study indicate that firms’ choice of new markets for entry is a nuanced process that is affected by the interplay of firms’ collaborative ties, the structure of their network, and firms’ internal capabilities. We test our hypotheses in the empirical context of the U.S. venture capital (VC) industry using panel data over a 23‐year period and find broad support for them.

show abstract

Cross-Cutting Ties, Organizational Density, and New Firm Formation in the U.S. Biotech Industry, 1994–98

Cited by 31 publications

References 71 publications

International knowledge brokerage and returnees’ entrepreneurial decisions

International knowledge brokerage and returnees’ entrepreneurial decisions

How do social skills enable nascent entrepreneurs to enact perseverance strategies in the face of challenges? A comparative case study of success and failure

Following in Partners’ Footsteps: An Uncertainty‐Reduction Perspective on Firms’ Choice of New Markets

Contact Info

Product

Resources

About