Leveraging Human Capital in Inventions and New Venture Formation

Abstract

Human capital of firms is a key resource that drives new knowledge creation and firm performance. Firms present heterogeneity in their human capital resources; this heterogeneity arises from differences in the knowledge held by individuals and forms the basis of why some individuals are able to identify entrepreneurial opportunities sooner than others or innovate more than others. Research in the fields of management and entrepreneurship has made significant strides in understanding how differences in human capital drives important firm-level strategic choices and outcomes. Through this symposium, we seek to contribute to these fields by bringing together current research that studies how the human capital resources of firms drive new venture creation, success and innovation. We bring together four papers that look at four different dimensions of human capital resources of firms and how they ultimately contribute to firm-level outcomes. Career experiences, the breadth of technological applicability and entrepreneurial success Presenter: Florence E M Honore; U. of Wisconsin, Madison Presenter: Shinjae Won; U. of Illinois at Urbana-Champaign Presenter: Shinjinee Chattopadhyay; U. of Illinois Founding Process Pathways: The Contingent Fit of Entrepreneurial Strategy Presenter: David R. Clough; Sauder School of Business, U. of British Columbia Presenter: Balagopal Vissa; INSEAD Presenter: Seyedeh Zahra Hejrati; Stanford U. The Limits of User Innovation: Physician Inventors, Medical Device Inventions, and AI Presenter: Colleen Cunningham; London Business School Presenter: Ryan Cooper; U. of Maryland, College Park Presenter: David Hall; McKinsey & Company Hiring Hierarchy: The Consequences of Hierarchy Expansion in Young Firms Presenter: Megan Lynn Lawrence; Vanderbilt U. Presenter: Christopher Poliquin; UCLA Anderson School of Management Presenter: Samina Karim; Northeastern U.