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Full-Text Articles in Business

Amphibious Entrepreneurs And The Emergence Of Organizational Forms, Walter W. Powell, Kurt Sandholtz Jun 2012

Amphibious Entrepreneurs And The Emergence Of Organizational Forms, Walter W. Powell, Kurt Sandholtz

Faculty Publications

We study the emergence of organizational forms, focusing on two mechanisms—reconfiguration and transposition—that distinguish the founding models of the first 26 biotechnology companies, all created in the industry's first decade, from 1972 to 1981. We analyze rich archival data using hierarchical cluster analysis, revealing four organizational variants of the dedicated biotech firm (DBF). Three were products of reconfiguration, as executives from Big Pharma used past practices to incorporate new science. One DBF variant resulted from 'amphibious' scientists who imported organizing ideas from the academy into their VC-funded start-ups. We argue that such transpositions are fragile, yet charged with generative possibilities. …


How Do Start-Ups Obtain Their Legal Services?, Darian M. Ibrahim Mar 2012

How Do Start-Ups Obtain Their Legal Services?, Darian M. Ibrahim

Faculty Publications

This Essay is the first to examine, using responses to online surveys, the use of in-house versus outside counsel by rapid-growth start-up companies. It also explores, from the vantage point of the start-up’s entrepreneur, some reasons for that choice. The Essay tests several hypotheses derived from the economic and entrepreneurship literatures about the benefits of in-house versus outside counsel in the unique context of start-up firms.


Alternative Models Of Funding Higher Education: Past And Present Trends, Gus Gregorutti Jan 2012

Alternative Models Of Funding Higher Education: Past And Present Trends, Gus Gregorutti

Faculty Publications

The present study is built around the following general research question: why is Adventist higher education in a tight budget? This is approached using a comparative time frame analysis of past and present needs and characteristics affecting funding tertiary education. The main idea throughout this paper is that the different funding systems are setting up models of Adventist higher education that aren’t always the best fit for the institutional ideology and organization. Possible alternatives to shift into a more suitable funding system are provided and discusses as well.


The New Exit In Venture Capital, Darian M. Ibrahim Jan 2012

The New Exit In Venture Capital, Darian M. Ibrahim

Faculty Publications

No abstract provided.