A Tale of Two Ventures: How Founder Experiences Shape Search in Tech-anchored and Market-anchored Ventures

Document Type

Article

Publication Date

2024

Keywords

entrepreneurial opportunity, entrepreneurial search, founder experiences, venture types

Abstract

This article distinguishes two types of technology ventures: market anchored and technology anchored. These ventures need to conduct effective technological or market search, the identification and evaluation of alternative technologies or markets, respectively, and form a viable technology–market combination. These types of search are fostered by appropriate experiences of the founding team. A study of 203 new technology ventures shows contrasting effects of breadth and depth of the founding team’s market and technological experiences on the initial success of the venture types.

Digital Object Identifier (DOI)

https://doi.org/10.1177/14761270241293096

Citation / Publisher Attribution

Strategic Organization, in press

Was this content written or created while at USF?

Yes

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