Show simple item record

dc.contributor.authorBurton, M. Diane
dc.contributor.authorSørensen, Jesper B.
dc.contributor.authorBeckman, Christine M.
dc.description.abstractWe examine how the social structure of existing organizations influences entrepreneurship and suggest that resources accrue to entrepreneurs based on the structural position of their prior employers. We argue that information advantages allow individuals from entrepreneurially prominent prior firms to identify new opportunities. Entrepreneurial prominence also reduces the perceived uncertainty of a new venture. Using a sample of Silicon Valley start-ups, we demonstrate that entrepreneurial prominence is associated with initial strategy and the probability of attracting external financing. New ventures with high prominence are more likely to be innovators; furthermore, innovators with high prominence are more likely to obtain financing.
dc.rightsRequired Publisher Statement: Copyright by Elsevier Science. Final version published as Burton, M. D., Sørensen, J. B. & Beckman, C. M. (2002). Coming from good stock: Career histories and new venture formation. In M. Lounsbury & M. J. Ventresca (Eds.), Research in the Sociology of Organizations, 19, 229-262.
dc.subjecthuman resource management
dc.subjecthigh technology
dc.titleComing From Good Stock: Career Histories and New Venture Formation
dc.description.legacydownloadsBurton5_Coming_from_Good_Stock.pdf: 3604 downloads, before Oct. 1, 2020.
local.authorAffiliationBurton, M. Diane: Cornell University
local.authorAffiliationSørensen, Jesper B.: Stanford University
local.authorAffiliationBeckman, Christine M.: University of California, Irvine

Files in this item


This item appears in the following Collection(s)

Show simple item record