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Importantly, the two variables do conceptually and operationally not overlap as we clearly distinguished between founders and employees during the data collection process on the basis of the compensation they received. Collaborators who received a regular salary were classified as employees, whereas collabo...
Hypothesis 1: During their new product development process, nascent ventures with more founders are less likely than founder-scarce ventures to pursue a path where products are solely developed in-house and more likely to pursue a path where external linkages are formed. Assuming that the likelihood...