Pipes or Shackles? How Ties to Incumbents Shape Startup Innovation

Working Papers

Startups are increasingly turning to the incumbent firms in their industries for venture capital. However, there remain significant gaps in our understanding of how these relationships influence the way they innovate. Read More

Stuck in the Middle: Decomposing the Status-Innovation Nexus

Funded Research Proposal

This study explores the link between status and innovation. While extant studies have tended to treat status as uni-dimensional and static, evidence suggests that it may be multifaceted and dynamic. Taking individual inventors as the primary level of analysis, the project decomposes status into different associative (e.g. where the inventor was trained) and achieved dimensions (e.g. her professional standing in the field).Read More

Organizational Decision-Making and Information: Angel Investments by Venture Capital Partners

Working Papers

We study information aggregation in organizational decision-making for the financing of entrepreneurial ventures. We introduce a formal model of voting where agents face costly tacit information to improve their decision quality.Read More