Article history: Received 30 July 2014 Received in revised form 4 June 2015 Accepted 22 June 2015 Available online 6 July 2015 The electrification of the powertrain leads to fundamental changes in the automotive value chain. Thereby, original equipmentmanufacturers (OEMs) have to decide whichmanufacturing steps to perform in-house andwhich parts to source from joint ventures or suppliers. This ...

A typical joint venture is structured as a limited liability company (LLC). Under this nontaxable structure, income passes directly through to the owners, which benefits both physicians and hospitals. For taxable owners, such as physicians, the income is not subject to “double taxation” (where earnings are taxable both to the corporation and to the individual investor). And for a nonprofit enti...

Fe at u re s B IO T E C H F O C U S When considering China as a sourcing market from an outside perspective, it is difficult to get an idea of Chinese company variation regarding competence and quality; it all looks homogeneous. However, some US and European companies are more successful with their ‘China strategy’ outsourcing, offshoring or joint ventures (JVs) than others are. To better-under...

Practitioners generally assert that collaborations with the Open Source software (OSS) community enable software entrepreneurial ventures to achieve superior innovation performance. Nonetheless, to the best of our knowledge, scholars have never tested this assertion. This paper takes a first step towards filling this gap. First, based on the high-tech entrepreneurship literature and the OSS res...

Based on a sample of 539 angel investors, we empirically test the impact of new ventures’ resource acquisition/allocation strategies in different development stages on angels’ abnormal returns and their extremeness. Our findings suggest that at earlier stages, ventures whose entrepreneurs focus more on securing new resources tend to not only give angel investors lower abnormal returns, but also...

organizational entrepreneurship as one of the main forms of entrepreneurship has a key role in success of organizations and ventures. on the other hand, among the various factors influencing the organizational entrepreneurship development, intellectual capital, as one of the valuable organization's resources, is considered an essential factor in the institutionalization and development of ...

Field Editor: D. Jennings We examine the antecedents and outcomes of new ventures' formation of multilateral R&D alliances. Our results show an inverted U-shaped relationship between market uncertainty and a new venture's likelihood of forming multilateral R&D alliances. Top management team's social capital and ventures' technological capabilities are critical for new ventures to identify and c...

This paper outlines the recent history of capital funding in the health sector in Australia. It focuses on the trends in capital expenditures and the roles of the public and private sectors. The demand for future capital funding will depend upon a number of factors, including the state of the current capital stock and uncertain future impacts of technology and changes in patient demands. Becaus...

An important and intriguing aspect of e-entrepreneurship is the formation of new ventures in the domain of open source software (OSS). Previous research on these ventures has primarily looked at the design of business models, yet has neglected other key questions relating to the management of these firms, despite clear indications that some existing insights on venture management cannot be appl...