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来源类型 | Article |
规范类型 | 其他 |
DOI | 10.1016/j.technovation.2016.09.001 |
ISBN | 0166-4972 |
Non-founder human capital and the long-run growth and survival of high-tech ventures. | |
Siepel, Josh; Cowling, Marc; Coad, Alex | |
发表日期 | 2017 |
出处 | Technovation |
出版者 | Elsevier |
出版年 | 2017 |
页码 | 34-43 |
语种 | 英语 |
摘要 | This paper considers the impact of non-founder human capital on high-tech firms' long-run growth and survival. Drawing upon threshold theory, we explore how lack of access to complementary skills at different points in the life course impacts founders' thresholds for exit. We examine these factors using a unique longitudinal dataset tracking the performance and survival of a sample of UK high-tech firms over thirteen years as the firms move from youth into maturity. We find that firms that survive but do not grow are characterized by difficulty in accessing complementary managerial skills in youth, while firms that grow but subsequently exit are characterized by shortfalls of specialized complementary skills during adolescence. Firms that grow and survive do not report skills shortfalls. We discuss the implications of these resource constraints for entrepreneurs’ decisions to persist or exit through the life course. |
特色分类 | HB0615 Entrepreneurship. Risk and uncertainty. Property$HD0072 Economic development. Development economics. Economic growth |
URL | http://sro.sussex.ac.uk/id/eprint/65521/ |
来源智库 | Science Policy Research Unit (United Kingdom) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/468845 |
推荐引用方式 GB/T 7714 | Siepel, Josh,Cowling, Marc,Coad, Alex. Non-founder human capital and the long-run growth and survival of high-tech ventures.. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
1-s2.0-S016649721630(595KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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