Help, I Need Somebody! Business and Technology Advice in Emerging Science-Based Ventures

Early-stage science-based ventures (SBVs) require a wide range of intellectual resources and know-how to successfully commercialize their technologies. Often entrepreneurs gain this knowledge through advisory relationships providing commercial and technical guidance. We explore the effects of those dual advice domains – business and technology – on the early-stage progress of SBVs. Using longitudinal data from 112 emerging SBVs, we find that...