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An investigation of hindsight bias in nascent venture activity

โœ Scribed by Gavin Cassar; Justin Craig


Book ID
116619166
Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
229 KB
Volume
24
Category
Article
ISSN
0883-9026

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## Abstract Edith Penrose noted that firms may need to rely on research joint ventures (RJVs) to acquire access to resources that can help them achieve and sustain a competitive advantage. We estimate an econometric model of the propensity of firms to disclose their intention to engage in RJVs, in