The Interplay of Different Types of Founders’ Experience and Entrepreneurial Funding

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

View graph of relations

Related Research Unit(s)

Detail(s)

Original languageEnglish
Title of host publicationAcademy of Management Proceedings
PublisherAcademy of Management
Publication statusPublished - 1 Aug 2022

Publication series

NameAcademy of Management Proceedings
Number1
Volume2022
ISSN (Print)0065-0668
ISSN (Electronic)2151-6561

Conference

Title82nd Annual Meeting of the Academy of Management (AOM 2022)
LocationHybrid
PlaceUnited States
CitySeattle
Period5 - 9 August 2022

Abstract

Drawing on human capital theory, this study aims to explain how start-ups effectively signal prospects to acquire more financial capital. Based on early-stage start-ups that applied to 164 accelerators globally from 2013 to 2019, we examine the signals of three types of founders’ experience (i.e., task-specific experience, firm-specific experience, and general-purpose experience) and their interplay impact on entrepreneurial funding acquisition. We find that founders’ task-specific experience (i.e., prior entrepreneurial experience and CEO experience) positively affects entrepreneurial funding acquisition. Founders’ firm-specific experience (i.e., the tenure of the previous job) enhances the relationship between task-specific experience and entrepreneurial funding acquisition. However, founders’ general-purpose experience (i.e., education experience) doesn’t always significantly affect the link between task-specific experience and entrepreneurial funding acquisition. This study contributes to our scholarly and practical understanding of how different types of founders’ experience are associated with the success of acquiring financial capital. © 2023 Academy of Management

Bibliographic Note

Research Unit(s) information for this publication is provided by the author(s) concerned.

Citation Format(s)

The Interplay of Different Types of Founders’ Experience and Entrepreneurial Funding. / Zhao, Shifang; Ahn, Yoojung.
Academy of Management Proceedings. Academy of Management, 2022. (Academy of Management Proceedings; Vol. 2022, No. 1).

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review