Parental Endowments versus Business Acumen

Overview

This paper examines the relative importance of parental endowments (resources, knowledge, and relationships inherited from a parent organization) versus entrepreneurial business acumen in determining the fate of low-tech, service-sector spinout ventures.

Contribution to the Research Program

This work contributes to the Resource Mobilization stream by examining how initial resource endowments interact with entrepreneurial capability in determining venture outcomes.