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Network progeny? prefounding social ties and the success of new entrants / Peter W. Roberts in Management science, Vol. 58 N° 7 (Juillet 2012) 

Public ISBD [article]  in Management science > Vol. 58 N° 7 (Juillet 2012) . - pp.1292-1304 Titre : Network progeny? prefounding social ties and the success of new entrants Type de document : texte imprimé Auteurs : Peter W. Roberts, Auteur ; Adina D. Sterling, Auteur Année de publication : 2012 Article en page(s) : pp.1292-1304 Note générale : Management Langues : Anglais (eng) Mots-clés : Organizational  studies  Economic  sociology  Entrepreneurship  Networks Résumé : Entrepreneurs that were employed by successful industry incumbents prior to founding tend to confer advantages on their new organizations. We propose and then demonstrate a similar “network progeny” effect rooted in the social relationships that form among entrepreneurs. Our analysis of new entrants into the Ontario wine industry shows that prefounding friendship ties of the founders of one especially prominent entrepreneurial firm led to significantly higher ice wine prices. This attests to the promise of a network progeny extension of the parent–progeny account of new firm success. Follow-on analysis indicates that this effect is not attributable to an entrant's ability to make ice wines of superior quality or to it having access to better distribution knowledge. We therefore conclude that having a social tie to this prominent entrepreneurial firm generated reflected prominence that enhanced the valuations and therefore prices of wines made by connected market entrants. ISSN : 0025-1909 En ligne : http://mansci.journal.informs.org/content/early/2012/02/10/mnsc.1110.1484.abstra [...] [article] Network progeny? prefounding social ties and the success of new entrants [texte imprimé] / Peter W. Roberts, Auteur ; Adina D. Sterling, Auteur . - 2012 . - pp.1292-1304. Management Langues : Anglais (eng) in Management science > Vol. 58 N° 7 (Juillet 2012) . - pp.1292-1304 Mots-clés : Organizational  studies  Economic  sociology  Entrepreneurship  Networks Résumé : Entrepreneurs that were employed by successful industry incumbents prior to founding tend to confer advantages on their new organizations. We propose and then demonstrate a similar “network progeny” effect rooted in the social relationships that form among entrepreneurs. Our analysis of new entrants into the Ontario wine industry shows that prefounding friendship ties of the founders of one especially prominent entrepreneurial firm led to significantly higher ice wine prices. This attests to the promise of a network progeny extension of the parent–progeny account of new firm success. Follow-on analysis indicates that this effect is not attributable to an entrant's ability to make ice wines of superior quality or to it having access to better distribution knowledge. We therefore conclude that having a social tie to this prominent entrepreneurial firm generated reflected prominence that enhanced the valuations and therefore prices of wines made by connected market entrants. ISSN : 0025-1909 En ligne : http://mansci.journal.informs.org/content/early/2012/02/10/mnsc.1110.1484.abstra [...]