Financing paths, firms' governance and corporate entrepreneurship: Accessing and applying operant and operand resources in biotechnology firms

Technological Forecasting and Social Change（2020）

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摘要

•Equity financing paths provide specific levels of operant and operand resources.•Accessed resources determine the evolution of corporate governance and management.•Governance-management interactions determine the corporate entrepreneurship level.•Selecting the appropriate equity-financing path represents a strategic decision.

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关键词

Equity financing paths,Operand and operant resources,Governance and management structures,Corporate entrepreneurship,Systemic perspective

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