Help, I need somebody, not just anybody?

The role of advisors during technology venture emergence

Lien Denoo, Anneleen Van Boxstael, Andrea Belz

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Abstract

Entrepreneurs of new technology ventures often seek advice and mentoring. However, research in knowledge management and cognitive psychology have suggested that the accumulation of advice might depend on the venture's absorptive capacity and the learning capabilities of the entrepreneur receiving advice. To date, this has been poorly studied in nascent technical ventures. Through a novel quantitative study of 105 nascent technology ventures associated with the National Science Foundation (NSF) Innovation Corps (“I-Corps”) Program, we found that in contrast to technology advice, business advice accelerates technology venture emergence, and this venture emergence is further enhanced by advice that complements rather than amplifies an entrepreneur’s prior experience. These findings offer important insights to the literature on entrepreneurial learning and advisors, and inform public policy and institutions supporting technology entrepreneurship.
Original languageEnglish
Title of host publicationAcademy of Management Best Paper Proceedings
Place of PublicationBoston
PublisherAcademy of Management
Publication statusPublished - Aug 2019
Event79th Annual Meeting of the Academy of Management - Boston, United States
Duration: 9 Aug 201913 Aug 2019

Conference

Conference79th Annual Meeting of the Academy of Management
CountryUnited States
CityBoston
Period9/08/1913/08/19

Fingerprint

Advisors
Venture
Entrepreneurs
Technology entrepreneurship
Public institutions
Public policy
Entrepreneurial learning
Innovation
Mentoring
Cognitive psychology
Absorptive capacity
Knowledge management

Cite this

Denoo, L., Van Boxstael, A., & Belz, A. (2019). Help, I need somebody, not just anybody? The role of advisors during technology venture emergence. In Academy of Management Best Paper Proceedings [11928] Boston: Academy of Management.
Denoo, Lien ; Van Boxstael, Anneleen ; Belz, Andrea. / Help, I need somebody, not just anybody? The role of advisors during technology venture emergence. Academy of Management Best Paper Proceedings. Boston : Academy of Management, 2019.
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Denoo, L, Van Boxstael, A & Belz, A 2019, Help, I need somebody, not just anybody? The role of advisors during technology venture emergence. in Academy of Management Best Paper Proceedings., 11928, Academy of Management, Boston, 79th Annual Meeting of the Academy of Management, Boston, United States, 9/08/19.

Help, I need somebody, not just anybody? The role of advisors during technology venture emergence. / Denoo, Lien; Van Boxstael, Anneleen; Belz, Andrea.

Academy of Management Best Paper Proceedings. Boston : Academy of Management, 2019. 11928.

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

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Denoo L, Van Boxstael A, Belz A. Help, I need somebody, not just anybody? The role of advisors during technology venture emergence. In Academy of Management Best Paper Proceedings. Boston: Academy of Management. 2019. 11928