Thesis: S.M. in Management Research, Massachusetts Institute of Technology, Sloan School of Management, 2016. / Cataloged from PDF version of thesis. / Includes bibliographical references (pages 27-30). / Startups play a major role in establishing many new markets. This is theoretically puzzling because existing firms have more resources and relevant core and peripheral capabilities that should advantage them in diversifying into new markets. Here, we explore one mechanism that differentiates startups from existing firms: the stronger link between past performance and resources available for future capability building for startups than for existing firms. Using a simulation model, we show that this reinforcing loop leads entrepreneurial financial markets to quickly focus on more promising startups and, despite initial disadvantage, enable the most promising startups to overtake projects in well-endowed diversifying entrants. We analyze how different markets and technological opportunities can affect these dynamics. / by MohammadMahdi Hashemian. / S.M. in Management Research
| Identifer | oai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/107529 |
| Date | January 2016 |
| Creators | Hashemian, MohammadMahdi |
| Contributors | Hazhir Rahmandad., Sloan School of Management., Sloan School of Management. |
| Publisher | Massachusetts Institute of Technology |
| Source Sets | M.I.T. Theses and Dissertation |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | 35 pages, application/pdf |
| Rights | MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission., http://dspace.mit.edu/handle/1721.1/7582 |
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