The Effect of Choosing Teams and Ideas on Entrepreneurial Performance - Evidence from a Field Experiment was presented by Viktoria Kessler, Christoph Ihl, Linus Dahlander (ESMT) and Rajshri Jayaraman (ESMT).
Herding in Equity Crowdfunding Markets - Heterogeneity Between Experts and Amateurs was another paper by Jan Niklas Wick and Christoph Ihl WHAT We Know versus WHO We Know, was Dimitri Graf’s paper presented on this conference.
This dissertation sheds light on how the categorical fit between venture capitalists and startups affect the matching process before a funding round. The study uses market categories to measure new venture’s distinctiveness and the cultural distance between venture capitalists and new ventures. The empirical analysis of 11 years of venture capital investment data in the USA confirms that experienced and high status investors prefer more distinctive new ventures and that the negative effect of cultural distance on the investment probability is mitigated by venture capitalists portfolio diversification and status.
The thesis with the topic Media judgment of entrepreneurial failure – implications for founders compares media reporting about failure of startups in Germany and the US. It can be shown, that the US media reports more positively about failed startups, than the German media does.
Examiners: Prof. Dr. Christoph Ihl and Prof. Dr. Michel Clement
Day of Oral Doctoral Examination: 02.03.2018
This years’ research colloquium on “Innovation and Value Creation” took place in Hamburg. Around 60 to 80 scholars from various research backgrounds, such as innovation management, entrepreneurship, organization and workplace design, information systems, and public policy met, in order to exchange recent research findings and future research plans.
The kick-off event started in the very traditional “Hotel Hafen Hamburg”. Every member of this reseach group was welcomed by Profs. Ralf Reichwald and Christoph Ihl.