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Essays in Entrepreneurship and Innov...

Janpen, Tanapon.

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Essays in Entrepreneurship and Innovation.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Essays in Entrepreneurship and Innovation./
Author:	Janpen, Tanapon.
Description:	85 p.
Notes:	Source: Dissertation Abstracts International, Volume: 75-01(E), Section: A.
Contained By:	Dissertation Abstracts International75-01A(E).
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3595228
ISBN:	9781303404665

Essays in Entrepreneurship and Innovation.
Janpen, Tanapon.

Essays in Entrepreneurship and Innovation. - 85 p.

Source: Dissertation Abstracts International, Volume: 75-01(E), Section: A.

Thesis (Ph.D.)--Washington University in St. Louis, 2013.

This dissertation encompasses two chapters, focusing on the formation, operation, innovation, and exit activities of new businesses. In the first chapter, I examine the role of internal and external technological resources in leveraging innovative ideas---with an emphasis on strategic complementarity, intellectual capacity, and survivability of entrepreneurial innovators. The main finding is that startup firms with lower intellectual capacity that use both types of technological resources operate at lower cost efficiency, are less likely to achieve strategic complementarity, and exit at higher rate, in relation to their higher intellectual capacity counterparts. Additionally, selection disproportionately influences the likelihood of attaining strategic complementarity, narrowing the ability gap between innovators with lower and higher intellectual capacity. In the second chapter, I investigate the role of entrepreneurial learning in the inefficient exit of new businesses. The inefficiency is defined as either "too early" or "too late" exit, in relation to the full information benchmark in which knowledge about entrepreneurial ability is obtained without any learning effort. The findings indicate that about a half of all the startup firms exit inefficiently. Of all the inefficient exits, 54% are identified as "too early", while the rest as "too late". Furthermore, of all the "too early" exits, more than 90% should never exit at least for the first six years of operation, and of all the "too late" exits, about 60% should exit by the end of the first year.

ISBN: 9781303404665Subjects--Topical Terms:

1017424
Economics, General.

Essays in Entrepreneurship and Innovation.
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020 $a 9781303404665
035 $a (MiAaPQ)AAI3595228
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100 1 $a Janpen, Tanapon. $3 2094999
245 1 0 $a Essays in Entrepreneurship and Innovation.
300 $a 85 p.
500 $a Source: Dissertation Abstracts International, Volume: 75-01(E), Section: A.
500 $a Adviser: Barton Hamilton.
502 $a Thesis (Ph.D.)--Washington University in St. Louis, 2013.
520 $a This dissertation encompasses two chapters, focusing on the formation, operation, innovation, and exit activities of new businesses. In the first chapter, I examine the role of internal and external technological resources in leveraging innovative ideas---with an emphasis on strategic complementarity, intellectual capacity, and survivability of entrepreneurial innovators. The main finding is that startup firms with lower intellectual capacity that use both types of technological resources operate at lower cost efficiency, are less likely to achieve strategic complementarity, and exit at higher rate, in relation to their higher intellectual capacity counterparts. Additionally, selection disproportionately influences the likelihood of attaining strategic complementarity, narrowing the ability gap between innovators with lower and higher intellectual capacity. In the second chapter, I investigate the role of entrepreneurial learning in the inefficient exit of new businesses. The inefficiency is defined as either "too early" or "too late" exit, in relation to the full information benchmark in which knowledge about entrepreneurial ability is obtained without any learning effort. The findings indicate that about a half of all the startup firms exit inefficiently. Of all the inefficient exits, 54% are identified as "too early", while the rest as "too late". Furthermore, of all the "too early" exits, more than 90% should never exit at least for the first six years of operation, and of all the "too late" exits, about 60% should exit by the end of the first year.
590 $a School code: 0252.
650 4 $a Economics, General. $3 1017424
650 4 $a Business Administration, Entrepreneurship. $3 1026793
690 $a 0501
690 $a 0429
710 2 $a Washington University in St. Louis. $b Economics. $3 1672998
773 0 $t Dissertation Abstracts International $g 75-01A(E).
790 $a 0252
791 $a Ph.D.
792 $a 2013
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3595228