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SUMMARY:What and How Entrepreneurial Startups Learn from Incumbent Firms: 
      Network Ties in the Chinese Synthetic Dye Industry* - Peter Murmann
DTSTART:20150602T113000Z
DTEND:20150602T130000Z
UID:TALK59659@talks.cam.ac.uk
CONTACT:Crystal
DESCRIPTION:Prior research has established that entrepreneurs' networks wi
 th incumbents improve new firms' outcomes by enhancing their knowledge bas
 e. Surprisingly little is known about what knowledge flows in these networ
 ks and what knowledge obtained through this mechanism actually underlies s
 tart-up success. Drawing on six cases of private new venture start-ups in 
 the Chinese synthetic dye industry after 1978\, we investigate these gaps 
 in the literature. In this context\, eight types of knowledge falling into
  two general categories\, functional knowledge and strategic knowledge\, f
 lowed from full-time incumbent employees to new venture start-ups via entr
 epreneur-incumbent relationships (start-up founders' personal relationship
 s with incumbent firm employees) during the foundation (within four years 
 after the establishment) of new firms. The reception of strategic knowledg
 e\, rather than functional knowledge – which includes the conventionally
  emphasized technical knowledge – shaped these start-ups' competitivenes
 s and was most decisive for their long-term growth.
LOCATION:Judge Business School\, Castle Teaching Room
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