{"id":"https://openalex.org/W2583392842","doi":"https://doi.org/10.1287/mnsc.2018.3074","title":"Fostering Entrepreneurship: Promoting Founding or Funding?","display_name":"Fostering Entrepreneurship: Promoting Founding or Funding?","publication_year":2019,"publication_date":"2019-03-18","ids":{"openalex":"https://openalex.org/W2583392842","doi":"https://doi.org/10.1287/mnsc.2018.3074","mag":"2583392842"},"language":"en","primary_location":{"id":"doi:10.1287/mnsc.2018.3074","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2018.3074","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5075825938","display_name":"Thomas Hellmann","orcid":"https://orcid.org/0000-0003-2018-4196"},"institutions":[{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Thomas Hellmann","raw_affiliation_strings":["Sa\u00efd Business School, University of Oxford, Oxford OX1 1HP, United Kingdom"],"raw_orcid":"https://orcid.org/0000-0003-2018-4196","affiliations":[{"raw_affiliation_string":"Sa\u00efd Business School, University of Oxford, Oxford OX1 1HP, United Kingdom","institution_ids":["https://openalex.org/I40120149"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5053678197","display_name":"Veikko Thiele","orcid":"https://orcid.org/0000-0002-1316-3322"},"institutions":[{"id":"https://openalex.org/I204722609","display_name":"Queen's University","ror":"https://ror.org/02y72wh86","country_code":"CA","type":"education","lineage":["https://openalex.org/I204722609"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Veikko Thiele","raw_affiliation_strings":["Smith School of Business, Queen\u2019s University, Kingston, Ontario K7L 3N6, Canada"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Smith School of Business, Queen\u2019s University, Kingston, Ontario K7L 3N6, Canada","institution_ids":["https://openalex.org/I204722609"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5075825938"],"corresponding_institution_ids":["https://openalex.org/I40120149"],"apc_list":null,"apc_paid":null,"fwci":9.0193,"has_fulltext":false,"cited_by_count":48,"citation_normalized_percentile":{"value":0.9748417,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":99},"biblio":{"volume":"65","issue":"6","first_page":"2502","last_page":"2521"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11903","display_name":"Private Equity and Venture Capital","score":0.9995999932289124,"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":0.9995999932289124,"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/T12851","display_name":"Firm Innovation and Growth","score":0.9970999956130981,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10058","display_name":"Entrepreneurship Studies and Influences","score":0.9968000054359436,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/entrepreneurship","display_name":"Entrepreneurship","score":0.8931929469108582},{"id":"https://openalex.org/keywords/globe","display_name":"Globe","score":0.5816108584403992},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5388533473014832},{"id":"https://openalex.org/keywords/venture-capital","display_name":"Venture capital","score":0.4535440504550934},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.43649983406066895},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.42301222681999207},{"id":"https://openalex.org/keywords/tacit-knowledge","display_name":"Tacit knowledge","score":0.4109989106655121},{"id":"https://openalex.org/keywords/industrial-organization","display_name":"Industrial organization","score":0.38370445370674133},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.16685310006141663},{"id":"https://openalex.org/keywords/knowledge-management","display_name":"Knowledge management","score":0.09146338701248169}],"concepts":[{"id":"https://openalex.org/C84309077","wikidata":"https://www.wikidata.org/wiki/Q3908516","display_name":"Entrepreneurship","level":2,"score":0.8931929469108582},{"id":"https://openalex.org/C2775899829","wikidata":"https://www.wikidata.org/wiki/Q3109007","display_name":"Globe","level":2,"score":0.5816108584403992},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5388533473014832},{"id":"https://openalex.org/C21279758","wikidata":"https://www.wikidata.org/wiki/Q219409","display_name":"Venture capital","level":2,"score":0.4535440504550934},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.43649983406066895},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.42301222681999207},{"id":"https://openalex.org/C2779561248","wikidata":"https://www.wikidata.org/wiki/Q743861","display_name":"Tacit knowledge","level":2,"score":0.4109989106655121},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.38370445370674133},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.16685310006141663},{"id":"https://openalex.org/C56739046","wikidata":"https://www.wikidata.org/wiki/Q192060","display_name":"Knowledge management","level":1,"score":0.09146338701248169},{"id":"https://openalex.org/C118487528","wikidata":"https://www.wikidata.org/wiki/Q161437","display_name":"Ophthalmology","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1287/mnsc.2018.3074","is_oa":false,"landing_page_url":"https://doi.org/10.1287/mnsc.2018.3074","pdf_url":null,"source":{"id":"https://openalex.org/S33323087","display_name":"Management Science","issn_l":"0025-1909","issn":["0025-1909","1526-5501"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310315699","host_organization_name":"Institute for Operations Research and the Management Sciences","host_organization_lineage":["https://openalex.org/P4310315699"],"host_organization_lineage_names":["Institute for Operations Research and the Management Sciences"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Management Science","raw_type":"journal-article"},{"id":"pmh:oai:ora.ox.ac.uk:uuid:27969ef9-563f-47fb-a871-54759bec8923","is_oa":false,"landing_page_url":"https://ora.ox.ac.uk/objects/uuid:27969ef9-563f-47fb-a871-54759bec8923","pdf_url":null,"source":{"id":"https://openalex.org/S4306402636","display_name":"Oxford University Research Archive (ORA) (University of Oxford)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I40120149","host_organization_name":"University of Oxford","host_organization_lineage":["https://openalex.org/I40120149"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Journal article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.7099999785423279}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":54,"referenced_works":["https://openalex.org/W638554097","https://openalex.org/W1503824369","https://openalex.org/W1511430553","https://openalex.org/W1569928605","https://openalex.org/W1574145746","https://openalex.org/W1830434703","https://openalex.org/W1926826173","https://openalex.org/W1996913833","https://openalex.org/W2013915050","https://openalex.org/W2037266430","https://openalex.org/W2050134691","https://openalex.org/W2051427695","https://openalex.org/W2067916633","https://openalex.org/W2070796659","https://openalex.org/W2097177076","https://openalex.org/W2109004600","https://openalex.org/W2114279083","https://openalex.org/W2118493679","https://openalex.org/W2118692971","https://openalex.org/W2134591266","https://openalex.org/W2147815427","https://openalex.org/W2155694972","https://openalex.org/W2613530374","https://openalex.org/W2752384816","https://openalex.org/W2766104709","https://openalex.org/W2911261678","https://openalex.org/W3023018200","https://openalex.org/W3121355568","https://openalex.org/W3121453003","https://openalex.org/W3122403893","https://openalex.org/W3122536485","https://openalex.org/W3122622975","https://openalex.org/W3122760487","https://openalex.org/W3123165275","https://openalex.org/W3123661433","https://openalex.org/W3123698428","https://openalex.org/W3124023764","https://openalex.org/W3124199804","https://openalex.org/W3124329661","https://openalex.org/W3124719078","https://openalex.org/W3124827931","https://openalex.org/W3124876892","https://openalex.org/W3125014043","https://openalex.org/W3125237555","https://openalex.org/W3125324508","https://openalex.org/W3125391194","https://openalex.org/W3125620108","https://openalex.org/W3125982098","https://openalex.org/W3126100588","https://openalex.org/W4210969543","https://openalex.org/W4212875818","https://openalex.org/W4230557251","https://openalex.org/W4299136472","https://openalex.org/W4301302764"],"related_works":["https://openalex.org/W2347069015","https://openalex.org/W3169199163","https://openalex.org/W1967799239","https://openalex.org/W2894168494","https://openalex.org/W2050012124","https://openalex.org/W3082990362","https://openalex.org/W2379460401","https://openalex.org/W2137081725","https://openalex.org/W2550451913","https://openalex.org/W2897904847"],"abstract_inverted_index":{"Governments":[0],"across":[1],"the":[2,25,86,106,110],"globe":[3],"are":[4],"eager":[5],"to":[6,18,39,48],"foster":[7],"entrepreneurial":[8,71,82],"ecosystems,":[9],"yet":[10],"there":[11],"is":[12,77,127],"no":[13],"consensus":[14],"on":[15,58,66,91,105],"what":[16],"policies":[17,35,44],"use.":[19],"We":[20,52],"develop":[21],"a":[22,55,63,102,118],"theory":[23],"about":[24],"equilibrium":[26,108],"consequences":[27],"of":[28,32,88,112],"two":[29],"canonical":[30],"types":[31],"entrepreneurship":[33,113,139],"policies:":[34],"that":[36,45,76,85],"encourage":[37,46],"entrepreneurs":[38,93],"found":[40],"new":[41,50],"ventures":[42,72],"and":[43,109,140],"investors":[47],"fund":[49],"ventures.":[51],"distinguish":[53],"between":[54],"short-term":[56],"impact":[57,65,104],"current":[59],"market":[60,107],"activity":[61],"versus":[62],"long-term":[64],"future":[67],"activity.":[68],"Investing":[69],"in":[70],"requires":[73],"tacit":[74],"knowledge":[75],"mainly":[78],"acquired":[79],"through":[80],"prior":[81,95],"experience,":[83],"implying":[84],"supply":[87],"capital":[89],"depends":[90],"successful":[92],"from":[94],"generations.":[96],"Recognizing":[97],"this":[98],"intergenerational":[99],"linkage":[100],"has":[101],"profound":[103],"effect":[111],"policies.":[114],"Our":[115],"analysis":[116],"identifies":[117],"rationale":[119],"for":[120],"using":[121],"funding":[122],"polices.":[123],"The":[124],"online":[125],"appendix":[126],"available":[128],"at":[129],"https://doi.org/10.1287/mnsc.2018.3074":[130],".":[131],"This":[132],"paper":[133],"was":[134],"accepted":[135],"by":[136],"Ashish":[137],"Arora,":[138],"innovation.":[141]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":11},{"year":2024,"cited_by_count":8},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":8},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":3}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}