On April 18, Maureen McKelvey, Professor of Industrial Management University of Gothenburg - Sweden, will hold a meeting titled "VARIETY IN FOUNDER EXPERIENCE AND THE PERFORMANCE OF KNOWLEDGE-INTENSIVE INNOVATIVE FIRMS".
The contribution focuses on the specific linkages between knowledge, innovation and entrepreneurship for industrial dynamics, within the emerging literature upon knowledge-intensive innovative entrepreneurial (KIE) firms. We find a distinct variety in the usefulness of different types of founder experience (single or teams) in the performance of entrepreneurial firms. This variety affects selection in the economy, as measured by the performance of firms in a two-stage process – namely first by analyzing survival over time and then of high growth rates. We do so in order to consider averages/probabilities in the population using Cox regression as well as of the outliers, using quantile regression. Founders having previously started firms or worked in the same industry are more likely to survive. However, high-growth firms have founders who previously started firms or worked in universities. Our interpretation is that the variety of founder experience affect selection processes, and thereby fundamentally affect whether, and to what extent, entrepreneurial actions lead to industrial transformation.
Please join us for this event on Thu April 18, 2:00pm-4:00pm, in Aula3, Piazza Martiri della Libertà, Pisa.
More information on the event can be found in the attached flyier.