Browse > Article
http://dx.doi.org/10.7545/ajip.2016.5.2.146

Understanding Entrepreneurial Process and Performance: A Cross-National Comparison of Alumni Entrepreneurship Between MIT and Tsinghua University  

Eesley, Charles E. (Department of Management Science & Engineering, Stanford University)
Yang, Delin (Coresponding Author, Department of Innovation, Entrepreneurship & Strategy, Tsinghua University)
Roberts, Edward B. (Technological Innovation, Entrepreneurship and Strategic Management, MIT Sloan School of Management)
Li, Tan (Department of Innovation, Entrepreneurship & Strategy, Tsinghua University)
Publication Information
Asian Journal of Innovation and Policy / v.5, no.2, 2016 , pp. 146-184 More about this Journal
Abstract
This paper analyzes the major comparisons and contrasts in entrepreneurship among technology-based university alumni over multiple decades from Tsinghua University in China and the Massachusetts Institute of Technology in the United States. In doing so, we ask two related research questions: (1) Who enters entrepreneurship and with what types of ideas and founding teams? (2) How do the innovation and other firm performance outcomes compare? We find that the sources of venture ideas and the composition of founding teams differ as well as the initial capital levels and revenues. This research provides a step toward a better understanding of high-tech entrepreneurship in developing vs. developed institutional environments. Furthermore, while MIT and Tsinghua University are unique in the programs they offer and in their historical cultures of entrepreneurship, both Tsinghua University and MIT provide benchmarks by which other institutions can gauge their alumni entrepreneurs and the types of ventures that they create.
Keywords
MIT; Tsinghua University; alumni entrepreneurship; startup;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Beckman, C.M. (2006) The influence of founding team company affiliations on firm behavior, Academy of Management Journal, 49(4), 741-758.   DOI
2 Burton, D.M., Sorensen, J.B. and Beckman, C. (2002) Coming from good stock: career histories and new venture formation, in Lounsbury, M. and Ventresca, M. (eds.) Research in the Sociology of Organizations, 19, Greenwich: JAI Press, 229-262.
3 Eesley, C. (2016) Barriers to Growth: Human Capital, Entrepreneurship and Institutional Change in China (Appendix) (Provisional acceptance at Organization Science)
4 Eesley, C.E., Li, Jian Bai and Yang, Delin (2016) Does institutional change in universities influence high-tech entrepreneurship? evidence from china's project 985, Organization Science, 27(2), 446-461.   DOI
5 Eesley, C.E., Hsu, D. and Roberts, E.B. (2013) The contingent effects of top management teams on venture performance: aligning founding team composition with innovation strategy and commercialization environment, Strategic Management Journal, 35(12), 1798-1817.   DOI
6 Eesley, C. and Roberts, E.B. (2012) Are you experienced: when does talent vs. experience drive entrepreneurial performance, Strategic Entrepreneurship Journal, 6(3), 207-219.   DOI
7 Eesley, C.E. and Miller, W. (2012) Impact: Stanford University Economic Impact via Innovation & Entrepreneurship.
8 Eisenhardt, K.M. and Schoonhoven, C.B. (1990) Organizational growth: linking founding teams, strategy, environment, and growth among U.S. semi-conductor ventures, Administrative Science Quarterly, 28, 274-291.
9 Hsu, D.H., Roberts, E.B. and Eesley, C. (2007) Entrepreneurs from technology-based universities, Research Policy, 36, 768-788.   DOI
10 Roberts, E.B. and C.E. Eesley (2011) Entrepreneurial impact: the role of MIT - an updated report, Foundations and Trends in Entrepreneurship, 7(1-2), 1-149.   DOI
11 Romanelli, E. (1989) Environments and strategies of organization start-up: effects on early survival, Administrative Science Quarterly, 369-387.
12 Russo, M.V. (2001) Institutions and early population dynamics: independent power production in America, 1978-1992, Administrative Science Quarterly, 46, 57-86.   DOI
13 Saxenian, A. (1994) Lessons from Silicon Valley, Technology Review, 97, 42-42.
14 Scott, W.R. (2008) Approaching adulthood: the maturing of institutional theory, Theory and Society, 37(5), 427-442.   DOI
15 Sine, W.D., Haveman, H.A. and Tolbert, P.S. (2005) Risky business? entrepreneurship in the new independent-power sector, Administrative Science Quarterly, 50(2), 200-232.   DOI
16 Stinchcombe, A. (1965) Social structure and organizations, in March, J. (ed.) Handbook of Organizations, Chicago: Rand McNally, 142-193.
17 Thornton, P.H. (1999) The sociology of entrepreneurship, Annual Review of Sociology, 19-46.
18 Aldrich, H.E. (1999) Organizations Evolving, Thousand Oaks: Sage.