Technology entrepreneurship, ethnicity, and success

Ilanit Gavious, Orit Milo

Research output: Contribution to journalArticlepeer-review

2 Scopus citations


Using a unique dataset of 1,013 new technology projects, we examine the association between ethnic heterogeneity in high-tech entrepreneurship and success. Our focus is on the main challenge facing new technology ventures—commercializing the newly developed product for acceptance in the mainstream market. Our findings establish a positive link between the presence of foreign-born members on the project teams and commercial success. A by-industry analysis reveals that the effect of ethnicity differs among industries. Specifically, the effect ranges from an over 40% increase in the odds of success (in the communications industry) to a non-significant effect (in the life sciences).

Original languageEnglish
Article number101373
JournalFinance Research Letters
StatePublished - 1 Nov 2020


  • Ethnic diversity
  • Ethnic heterogeneity
  • High-technology
  • R&D project
  • Success factors
  • Technology entrepreneurship

ASJC Scopus subject areas

  • Finance


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