Creators or adopters: Entrepreneurial team experience and AI startup emergence
研究了创业团队经验如何影响人工智能初创企业是创造自有AI技术还是采纳现有AI工具,发现经验多样性促进创造型创业,且学术或创业经验会强化这一效应。
This study investigates how the experience of entrepreneurial teams influences the emergence of startups based on artificial intelligence (AI), distinguishing between startups that create proprietary AI technologies and startups that adopt existing AI tools for specific applications. Building on the upper echelons theory, we examine whether specific types of experience (entrepreneurial, industrial, and/or academic) and diversity within founding teams shape the strategic orientation of startups. Using a unique data set of over 500 European AI startups that received venture capital funding, our analysis shows that experience diversity is positively associated with the likelihood of founding an AI creator startup. This effect is strengthened when academic or entrepreneurial experience is prevalent among team members. The findings offer new insights into the formation of AI ventures and suggest policy directions that can be followed to support AI-driven innovation across different economic sectors.