Founding Experience and Tech-Based Ventures’ Innovation: The Mediating Role of Absorptive Capacity
研究了创始人创业经验如何通过影响技术型企业的组织设计来增强吸收能力,进而推动规模化创新,并发现风险资本背景会强化这一路径。
Drawing on insights from the knowledge-based view of the firm, we introduce a path that links founders’ founding experience to organizational design choices in tech-based ventures that instill absorptive capacity, which, in turn, allows them to produce innovation output at scale. We hypothesize that founders’ recognition of the importance of knowledge management, and their acquisition of skills to implement knowledge management systems effectively, underlie this venture-building path. We also suggest that this path is stronger when experienced founders have been exposed to venture capital investors in their prior ventures. We test our theoretical predictions with a longitudinal sample of 1,560 U.S. tech-based ventures.