Should start-ups embrace a strategic approach toward integrating foreign stakeholders into their network?

Yossi Dashti, Dafna Schwartz

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

In our attempt to determine whether startups should embrace a strategic approach toward foreign actors’ networks, we analyzed the composition of their networks and evaluated the contribution of different players by comparing the foreign versus the local networks. This empirical study, based on 402 Israeli startups that exited via cross-border M&A (2002–2009), shows that foreign stakeholders, although a burden during the early stage when the local stakeholders are contributing, in fact increase the likelihood of success of the startup’s exit via cross-border M&A. We suggest that startups embrace a strategy of building and maintaining networks with foreign stakeholders from the early stage.

Original languageEnglish
Pages (from-to)164-191
Number of pages28
JournalInnovation: Management, Policy and Practice
Volume20
Issue number2
DOIs
StatePublished - 3 Apr 2018

Keywords

  • Startup
  • cross-border
  • entrepreneurship
  • innovation
  • mergers and acquisitions (M&A)
  • networks

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