Industry Knowledge Characteristics, Prior Experience and New Venture Survival
2015 (English)In: Academy of Management Proceedings, January 2015 (Meeting Abstract Supplement) 17103, 2015Conference paper (Refereed)
Recent research suggests that new ventures can overcome threats to their survival by gaining access to technological knowledge from other firms in their industry, even without directly transacting with them or joining their networks. This happens through vicarious learning that allows these ventures to abduct spillovers of industry knowledge made public through patents. We propose that the effects of the industry public knowledge on new venture survival are likely to depend on the unique characteristics of that knowledge—its breadth and newness—and its interaction with a venture’s human capital’s prior experience in the industry. We test and find support for these predictions in a sample of Swedish new ventures. The study contributes to the literatures in organizational learning and new venture survival.
Place, publisher, year, edition, pages
knowledge, new ventures, survival
IdentifiersURN: urn:nbn:se:hj:diva-29246DOI: 10.5465/AMBPP.2015.17103abstractOAI: oai:DiVA.org:hj-29246DiVA: diva2:898275
Academy of Management Annual Meeting, Vancouver, August 7-11, 2015.