Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form corporate ventures. Based on a sample of corporate and independent ventures in German manufacturing, we show that corporate ventures are more innovative than the control group, i.e. the independent ventures. In particular, corporate ventures are more successful at developing radical in...

A new venture’s strategy—and thus its performance—is based upon the knowledge the firm has about its market, its opportunity in that market, and its appropriate conduct to take advantage of that opportunity. Resource-based theory underscores knowledge as a type of resource that confers competitive advantage and the potential for sustainability, two factors that are critical for start-ups. Three...

Financial markets in the past decade witnessed an enormous interest of IPO based financing of technology-based business. At the same time large sums of venture capital were provided to technology-oriented enterprises. In this article we review recent developments in the provision of equity for technology-based enterprises. After a brief introduction in the possibilities for financing enterprise...

There is limited theoretical understanding and empirical evidence for how international new ventures legitimate. Drawing from legitimation theory, this study fills in this gap by exploring how international new ventures legitimate and strive for survival in the face of critical events during the process of their emergence. It is a longitudinal, multiple-case study research that employs critical...

• TBNV's growth dynamics is reflected well in Google Trends data associated to it. a credible source of high-quality for analyzing new ventures. It can be used as proxy measure growth-oriented companies. analyzing, researching and predicting the growth. more reliable unicorns b2c digital platforms, but applicable all. This study demonstrates that web-search traffic information, particular, data...

How does top management team (TMT) conflict influence entrepreneurial strategy making of new ventures? With a sample of new ventures in China’s technology industries, this study examines the conditions under which TMT cognitive conflict and affective conflict are associated with entrepreneurial strategy making. We found that cognitive conflict among TMT members had a positive relationship with ...