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Despite theoretical arguments for distinguishing between novice and serial entrepreneurs, empirical evidence on their differences remains inconclusive. This paper extends existing research, using a unique dataset of primarily immigrant Silicon Valley entrepreneurs. It finds that serial entrepreneurs displayed higher aspirations, embedded and diverse social networks, reliance on collaborators, access...
This paper uses framework of one principal and two agents to argue the cooperation among the venture capital, business incubator and entrepreneur. The paper shows that venture capital, entrepreneur and business incubator will cooperate if their private information is fully revealed. At the same time, the three parties will put into the highest effort level and they can be also assigned the highest...
Ever since diversification strategy was introduced and implemented to Chinese corporations in 1980s, more and more entrepreneurs have been attracted and tried to experience this new strategy. Unfortunately, not all have achieved success when operating this strategy. There are numerous listed companies employing diversification strategy. The performance of them is closely correlated with the healthy...
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