File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
Supplementary

Conference Paper: Is Money Always Good for New Venture R&D and Survival? The Dark Side of Financial Munificence

TitleIs Money Always Good for New Venture R&D and Survival? The Dark Side of Financial Munificence
Authors
Issue Date2019
PublisherAcademy of Management. The Journal's web site is located at http://www.aomonline.org/aom.asp?id=156
Citation
The 79th Annual Meeting of the Academy of Management: Understanding the Inclusive Organization, Boston, Massachusetts, USA, 9-13 August 2019. In Academy of Management Proceedings, 2019, v. 2019 n. 1, abstract no. 19164 How to Cite?
AbstractWhereas financial resources are critical to new venture R&D and survival, few studies have examined their potential limitations. We posit that although financial munificence increases R&D resource allocation, it may reduce the efficiency of how R&D investment affects new venture survival. We further propose that three CEO attributes (i.e., work experience, education, and gender) can mitigate the negative influence of financial munificence. The results of data drawn from a six-year longitudinal study of 791 technology new ventures provide strong support for our hypotheses. We contribute to the new venture and entrepreneurship literature by exploring the limitations of financial resources and identifying important characteristics that address such limitations.
Persistent Identifierhttp://hdl.handle.net/10722/278800
ISSN

 

DC FieldValueLanguage
dc.contributor.authorWang, X-
dc.contributor.authorZhou, KZ-
dc.date.accessioned2019-10-21T02:14:17Z-
dc.date.available2019-10-21T02:14:17Z-
dc.date.issued2019-
dc.identifier.citationThe 79th Annual Meeting of the Academy of Management: Understanding the Inclusive Organization, Boston, Massachusetts, USA, 9-13 August 2019. In Academy of Management Proceedings, 2019, v. 2019 n. 1, abstract no. 19164-
dc.identifier.issn2151-6561-
dc.identifier.urihttp://hdl.handle.net/10722/278800-
dc.description.abstractWhereas financial resources are critical to new venture R&D and survival, few studies have examined their potential limitations. We posit that although financial munificence increases R&D resource allocation, it may reduce the efficiency of how R&D investment affects new venture survival. We further propose that three CEO attributes (i.e., work experience, education, and gender) can mitigate the negative influence of financial munificence. The results of data drawn from a six-year longitudinal study of 791 technology new ventures provide strong support for our hypotheses. We contribute to the new venture and entrepreneurship literature by exploring the limitations of financial resources and identifying important characteristics that address such limitations.-
dc.languageeng-
dc.publisherAcademy of Management. The Journal's web site is located at http://www.aomonline.org/aom.asp?id=156-
dc.relation.ispartofAcademy of Management Proceedings-
dc.relation.ispartof79th Annual Meeting of the Academy of Management, 2019-
dc.titleIs Money Always Good for New Venture R&D and Survival? The Dark Side of Financial Munificence-
dc.typeConference_Paper-
dc.identifier.emailZhou, KZ: kevinzhou@business.hku.hk-
dc.identifier.authorityZhou, KZ=rp01127-
dc.identifier.doi10.5465/AMBPP.2019.19164abstract-
dc.identifier.hkuros307574-
dc.identifier.volume2019-
dc.identifier.issue1-
dc.identifier.spageabstract no. 19164-
dc.identifier.epageabstract no. 19164-
dc.publisher.placeUnited States-
dc.identifier.issnl2151-6561-

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats