{"id":"https://openalex.org/W1981453645","doi":"https://doi.org/10.1111/etap.12007","title":"Path\u2013Dependent Evolution versus Intentional Management of Investment Ties in Science\u2013Based Entrepreneurial Firms","display_name":"Path\u2013Dependent Evolution versus Intentional Management of Investment Ties in Science\u2013Based Entrepreneurial Firms","publication_year":2013,"publication_date":"2013-01-16","ids":{"openalex":"https://openalex.org/W1981453645","doi":"https://doi.org/10.1111/etap.12007","mag":"1981453645"},"language":"en","primary_location":{"id":"doi:10.1111/etap.12007","doi":"https://doi.org/10.1111/etap.12007","is_oa":false,"landing_page_url":"https://doi.org/10.1111/etap.12007","pdf_url":null,"source":{"id":"https://openalex.org/S187626162","display_name":"Entrepreneurship Theory and Practice","issn_l":"1042-2587","issn":["1042-2587","1540-6520","1540-8520"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Entrepreneurship Theory and Practice","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://biblio.ugent.be/publication/3143959/file/6786604.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5037907041","display_name":"Tom R. Vanacker","orcid":"https://orcid.org/0000-0001-5608-1944","observed_orcids":["https://orcid.org/0000-0001-5608-1944"]},"institutions":[{"id":"https://openalex.org/I32597200","display_name":"Ghent University","ror":"https://ror.org/00cv9y106","country_code":"BE","type":"education","lineage":["https://openalex.org/I32597200"]},{"id":"https://openalex.org/I4210160754","display_name":"Vlerick Business School","ror":"https://ror.org/056t38c37","country_code":"BE","type":"education","lineage":["https://openalex.org/I4210160754"]}],"countries":["BE"],"is_corresponding":true,"raw_author_name":"Tom Vanacker","raw_affiliation_strings":["Department of Accounting and Corporate Finance at Ghent University, Kuiperskaai 55E, 9000 Gent, Belgium, Vlerick Business School","Vlerick Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting and Corporate Finance at Ghent University, Kuiperskaai 55E, 9000 Gent, Belgium, Vlerick Business School","institution_ids":["https://openalex.org/I32597200","https://openalex.org/I4210160754"]},{"raw_affiliation_string":"Vlerick Business School","institution_ids":["https://openalex.org/I4210160754"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5015688405","display_name":"Sophie Manigart","orcid":"https://orcid.org/0000-0002-3406-9386","observed_orcids":["https://orcid.org/0000-0002-3406-9386"]},"institutions":[{"id":"https://openalex.org/I32597200","display_name":"Ghent University","ror":"https://ror.org/00cv9y106","country_code":"BE","type":"education","lineage":["https://openalex.org/I32597200"]},{"id":"https://openalex.org/I4210160754","display_name":"Vlerick Business School","ror":"https://ror.org/056t38c37","country_code":"BE","type":"education","lineage":["https://openalex.org/I4210160754"]}],"countries":["BE"],"is_corresponding":true,"raw_author_name":"Sophie Manigart","raw_affiliation_strings":["Department of Accounting and Corporate Finance at Ghent University, Kuiperskaai 55E, 9000 Gent, Belgium, Vlerick Business School, Reep 1, 9000 Gent, Belgium","Vlerick Business School Competence Center Accounting and Finance Gent Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Accounting and Corporate Finance at Ghent University, Kuiperskaai 55E, 9000 Gent, Belgium, Vlerick Business School, Reep 1, 9000 Gent, Belgium","institution_ids":["https://openalex.org/I32597200","https://openalex.org/I4210160754"]},{"raw_affiliation_string":"Vlerick Business School Competence Center Accounting and Finance Gent Belgium","institution_ids":["https://openalex.org/I4210160754"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5006425276","display_name":"Miguel L.C.J. Meuleman","orcid":"https://orcid.org/0000-0003-0330-7174","observed_orcids":["https://orcid.org/0000-0003-0330-7174"]},"institutions":[{"id":"https://openalex.org/I4210160754","display_name":"Vlerick Business School","ror":"https://ror.org/056t38c37","country_code":"BE","type":"education","lineage":["https://openalex.org/I4210160754"]},{"id":"https://openalex.org/I47508984","display_name":"Imperial College London","ror":"https://ror.org/041kmwe10","country_code":"GB","type":"education","lineage":["https://openalex.org/I47508984"]}],"countries":["BE","GB"],"is_corresponding":true,"raw_author_name":"Miguel Meuleman","raw_affiliation_strings":["Vlerick Business School, Reep 1, 9000 Gent, Belgium, Imperial College Business School, London, UK","Vlerick Business School Competence Center Entrepreneurship Governance and Strategy Gent Belgium"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Vlerick Business School, Reep 1, 9000 Gent, Belgium, Imperial College Business School, London, UK","institution_ids":["https://openalex.org/I4210160754","https://openalex.org/I47508984"]},{"raw_affiliation_string":"Vlerick Business School Competence Center Entrepreneurship Governance and Strategy Gent Belgium","institution_ids":["https://openalex.org/I4210160754"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5006425276","https://openalex.org/A5015688405","https://openalex.org/A5037907041"],"corresponding_institution_ids":["https://openalex.org/I32597200","https://openalex.org/I4210160754","https://openalex.org/I47508984"],"apc_list":{"value":3900,"currency":"USD","value_usd":3900},"apc_paid":null,"fwci":11.6406,"has_fulltext":true,"cited_by_count":41,"citation_normalized_percentile":{"value":0.97882122,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":98},"biblio":{"volume":"38","issue":"3","first_page":"671","last_page":"690"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9208999872207642,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9208999872207642,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10058","display_name":"Entrepreneurship Studies and Influences","score":0.07649999856948853,"subfield":{"id":"https://openalex.org/subfields/1405","display_name":"Management of Technology and Innovation"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10003","display_name":"Innovation and Knowledge Management","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/path-dependence","display_name":"path dependence","score":0.5979999899864197},{"id":"https://openalex.org/keywords/entrepreneurial-firms","display_name":"entrepreneurial firms","score":0.6930000185966492},{"id":"https://openalex.org/keywords/science-based-firms","display_name":"science-based firms","score":0.7350000143051147},{"id":"https://openalex.org/keywords/entrepreneurial-teams","display_name":"entrepreneurial teams","score":0.49300000071525574},{"id":"https://openalex.org/keywords/professionalization","display_name":"professionalization","score":0.7129999995231628},{"id":"https://openalex.org/keywords/investor-relations","display_name":"investor relations","score":0.44999998807907104},{"id":"https://openalex.org/keywords/entrepreneurial-experience","display_name":"entrepreneurial experience","score":0.43700000643730164},{"id":"https://openalex.org/keywords/institutional-context","display_name":"institutional environment","score":0.5519999861717224}],"concepts":[{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.7069518566131592},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.6450085639953613},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.55757737159729},{"id":"https://openalex.org/C2781334022","wikidata":"https://www.wikidata.org/wiki/Q355523","display_name":"Professionalization","level":2,"score":0.5272095203399658},{"id":"https://openalex.org/C2779272642","wikidata":"https://www.wikidata.org/wiki/Q1093521","display_name":"Path dependence","level":2,"score":0.4914134740829468},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.47724199295043945},{"id":"https://openalex.org/C82793941","wikidata":"https://www.wikidata.org/wiki/Q1046024","display_name":"Path analysis (statistics)","level":2,"score":0.41610878705978394},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3865949511528015},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3015928268432617},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.22949138283729553},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.16430816054344177},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.12758496403694153},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.11312633752822876},{"id":"https://openalex.org/C46312422","wikidata":"https://www.wikidata.org/wiki/Q11024","display_name":"Communication","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1111/etap.12007","doi":"https://doi.org/10.1111/etap.12007","is_oa":false,"landing_page_url":"https://doi.org/10.1111/etap.12007","pdf_url":null,"source":{"id":"https://openalex.org/S187626162","display_name":"Entrepreneurship Theory and Practice","issn_l":"1042-2587","issn":["1042-2587","1540-6520","1540-8520"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Entrepreneurship Theory and Practice","raw_type":"journal-article"},{"id":"pmh:oai:archive.ugent.be:3143959","doi":null,"is_oa":true,"landing_page_url":"https://biblio.ugent.be/publication/3143959","pdf_url":"https://biblio.ugent.be/publication/3143959/file/6786604.pdf","source":{"id":"https://openalex.org/S4306400478","display_name":"Ghent University Academic Bibliography (Ghent University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I32597200","host_organization_name":"Ghent University","host_organization_lineage":["https://openalex.org/I32597200"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"ISSN: 1042-2587","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:RePEc:sae:entthe:v:38:y:2014:i:3:p:671-690","doi":null,"is_oa":false,"landing_page_url":"https://journals.sagepub.com/doi/10.1111/etap.12007","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"pmh:oai:archive.ugent.be:3143959","doi":null,"is_oa":true,"landing_page_url":"https://biblio.ugent.be/publication/3143959","pdf_url":"https://biblio.ugent.be/publication/3143959/file/6786604.pdf","source":{"id":"https://openalex.org/S4306400478","display_name":"Ghent University Academic Bibliography (Ghent University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I32597200","host_organization_name":"Ghent University","host_organization_lineage":["https://openalex.org/I32597200"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"ISSN: 1042-2587","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1981453645.pdf","grobid_xml":"https://content.openalex.org/works/W1981453645.grobid-xml"},"referenced_works_count":55,"referenced_works":["https://openalex.org/W104183342","https://openalex.org/W159446687","https://openalex.org/W367214795","https://openalex.org/W1527311855","https://openalex.org/W1566796444","https://openalex.org/W1765643297","https://openalex.org/W1966603115","https://openalex.org/W1970471131","https://openalex.org/W1989502263","https://openalex.org/W2000654451","https://openalex.org/W2002604132","https://openalex.org/W2004314525","https://openalex.org/W2006479099","https://openalex.org/W2009108522","https://openalex.org/W2014099293","https://openalex.org/W2017985454","https://openalex.org/W2020433320","https://openalex.org/W2022134602","https://openalex.org/W2023451727","https://openalex.org/W2025887545","https://openalex.org/W2031830669","https://openalex.org/W2033469206","https://openalex.org/W2038500374","https://openalex.org/W2053532660","https://openalex.org/W2058869033","https://openalex.org/W2067749631","https://openalex.org/W2075830349","https://openalex.org/W2082800434","https://openalex.org/W2095299437","https://openalex.org/W2097177076","https://openalex.org/W2101461964","https://openalex.org/W2104443484","https://openalex.org/W2105738429","https://openalex.org/W2110961985","https://openalex.org/W2114209758","https://openalex.org/W2127566439","https://openalex.org/W2130088202","https://openalex.org/W2135355140","https://openalex.org/W2141951329","https://openalex.org/W2148222547","https://openalex.org/W2157596484","https://openalex.org/W2158612930","https://openalex.org/W2165589321","https://openalex.org/W2168324767","https://openalex.org/W2316578293","https://openalex.org/W3121155593","https://openalex.org/W3123149398","https://openalex.org/W3123734676","https://openalex.org/W3123986255","https://openalex.org/W3124000325","https://openalex.org/W3125103807","https://openalex.org/W4231501241","https://openalex.org/W4235413920","https://openalex.org/W4297081765","https://openalex.org/W4388152402"],"related_works":["https://openalex.org/W3192122996","https://openalex.org/W2316578293","https://openalex.org/W2911803840","https://openalex.org/W2030712136","https://openalex.org/W2911758814","https://openalex.org/W4385215232","https://openalex.org/W3122599293","https://openalex.org/W2832181521","https://openalex.org/W2409329435","https://openalex.org/W4385218456"],"abstract_inverted_index":{"This":[0],"paper":[1],"studies":[2],"the":[3,75,85],"role":[4],"of":[5,77],"entrepreneurs":[6,53],"in":[7,11,69],"investment":[8,19,45,90],"tie":[9,20,46,91],"formation":[10,21,47,92],"science\u2013based":[12],"entrepreneurial":[13,78],"firms.":[14],"Specifically,":[15],"we":[16],"address":[17],"why":[18],"is":[22,48],"path":[23,49,101],"dependent":[24,50],"for":[25,34],"some":[26],"firms":[27],"but":[28],"more":[29,94],"amenable":[30,95],"to":[31,87,96],"intentional":[32,97],"management":[33,98],"others.":[35],"Using":[36],"longitudinal":[37],"case":[38],"studies,":[39],"our":[40],"evidence":[41],"suggests":[42],"that":[43],"early":[44,72],"because":[51],"scientific":[52],"typically":[54],"approach":[55],"only":[56],"one":[57],"or":[58,99],"a":[59],"few":[60],"prospective":[61],"investors":[62,73],"from":[63],"within":[64],"their":[65],"institutional":[66],"context.":[67],"Differences":[68],"experience":[70],"between":[71],"affect":[74],"professionalization":[76],"teams":[79],"(or":[80],"lack":[81],"thereof),":[82],"which":[83,88],"influences":[84],"extent":[86],"subsequent":[89],"becomes":[93],"remains":[100],"dependent.":[102]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":4},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":2},{"year":2013,"cited_by_count":3}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}