Partners in power: job mobility and dynamic deal-making

Checkley, Matthew and Steglich, Christian (2007) Partners in power: job mobility and dynamic deal-making. European Management Review, 4 (3). pp. 161-171. ISSN 1740-4754

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Abstract

This research considers how the connectedness of venture capital (VC) firms changes with the job mobility of managers between those firms. A continuous-time Markov chain model is developed to test whether managers are able to ‘drag’ prior inter-firm relational ties with them as they move between employing firms. The findings support the hypothesis that increasing the stock of managers is material to creating inter-firm ties. However, managers are not found to drag their prior links to new network positions. This result is consistent with an institutional view of VC syndication, suggesting that inter-firm relations are other than managerial in nature.

Item Type: Article
Article Type: Article
Subjects: H Social Sciences > HF Commerce > HF5001 Business > HF5549 Personnel management. Employment management
Divisions: Schools and Research Institutes > Business School > Business and Human Resource Management
Research Priority Areas: Applied Business Research
Depositing User: Susan Turner
Date Deposited: 05 Sep 2016 09:54
Last Modified: 05 Sep 2016 09:54
URI: http://eprints.glos.ac.uk/id/eprint/3866

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