The tortoise, the hare, and the hybrid: effects of prior employment on the development of an entrepreneurial ecosystem
Mary Donegan,
Allison Forbes,
Paige Clayton,
Alyse Polly,
Maryann Feldman and
Nichola Lowe
Industrial and Corporate Change, 2019, vol. 28, issue 4, 899-920
Abstract:
Prior employment imprints nascent entrepreneurs with logics for organizing startups. Within a regional ecosystem, entrepreneurs with different employment backgrounds pursue alternative entrepreneurial pathways, each generating distinct, though complementary, regional impacts. By analyzing diverse pre-entrepreneurial employment experiences, no one pathway leads to superior firm performance; prior industry experience generates strong early performance that tapers off, while prior academic experience engenders slow, steady, long-lasting growth. Our approach is well-suited for theorizing ecosystem development and generating policy recommendations in support of ecosystem diversity.
JEL-codes: E24 J21 L65 O18 R11 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (5)
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