The tortoise, the hare, and the hybrid: effects of prior employment on the development of an entrepreneurial ecosystem
2019; Oxford University Press; Volume: 28; Issue: 4 Linguagem: Inglês
10.1093/icc/dtz037
ISSN1464-3650
AutoresMary Donegan, Allison Forbes, Paige Clayton, Alyse Polly, Maryann P. Feldman, Nichola Lowe,
Tópico(s)Private Equity and Venture Capital
ResumoAbstract Prior employment imprints nascent entrepreneurs with logics for organizing startups. Within a regional ecosystem, entrepreneurs with different employment backgrounds pursue alternative entrepreneurial pathways, each generating distinct, though complementary, regional impacts. By analyzing diverse pre-entrepreneurial employment experiences, no one pathway leads to superior firm performance; prior industry experience generates strong early performance that tapers off, while prior academic experience engenders slow, steady, long-lasting growth. Our approach is well-suited for theorizing ecosystem development and generating policy recommendations in support of ecosystem diversity.
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