From: Extending the role of headquarters beyond the firm boundary: entrepreneurial alliance innovation
Dependent variable: Distance CHQ to Startup | (6.1) | (6.2) | (6.3) | (6.4) |
---|---|---|---|---|
Sample: | Full | Full | Restricted | Restricted |
Startup Patent Count | 0.001 | − 0.003 | ||
(One-Year Lagged) | (0.002) | (0.003) | ||
Cumulative Startup Patent Count | − 0.000 | − 0.000 | ||
(One-Year Lagged) | (0.000) | (0.000) | ||
Horizontal Alliance | 0.162 | 0.168 | 0.718 | 0.699 |
(0.281) | (0.281) | (0.446) | (0.458) | |
Alliance Exploitation | − 0.320* | − 0.322* | 0.003 | 0.028 |
(0.172) | (0.173) | (0.228) | (0.224) | |
Alliance Equity and Joint Venture | 0.032 | 0.015 | − 0.103 | − 0.067 |
(0.250) | (0.250) | (0.429) | (0.430) | |
Incumbent Subsidiary Dispersion | 0.002 | 0.002 | − 0.013 | − 0.012 |
(0.005) | (0.005) | (0.011) | (0.011) | |
Incumbent Age | − 0.002 | − 0.003 | − 0.013 | − 0.010 |
(0.002) | (0.002) | (0.011) | (0.010) | |
Incumbent Size (Logged) | − 0.009 | − 0.011 | 0.095 | 0.085 |
(0.100) | (0.100) | (0.260) | (0.255) | |
Startup Age | 0.009 | 0.010 | 0.015 | 0.015 |
(0.006) | (0.007) | (0.012) | (0.013) | |
Startup Size (Binary) | 0.202 | 0.223 | − 0.128 | − 0.127 |
(0.185) | (0.190) | (0.333) | (0.335) | |
Startup Manufacturing | − 0.231 | − 0.228 | − 0.029 | − 0.050 |
(0.147) | (0.146) | (0.317) | (0.320) | |
Startup Capital Investment (Cumulative) | − 0.001 | − 0.001 | − 0.005 | − 0.004 |
(0.002) | (0.002) | (0.007) | (0.007) | |
Incumbent fixed effects | Yes | Yes | Yes | Yes |
Year fixed effects | Yes | Yes | Yes | Yes |
Startup location fixed effects | Yes | Yes | Yes | Yes |
Incumbent location fixed effects | Yes | Yes | Yes | Yes |
Observations | 1401 | 1401 | 233 | 233 |
Number of startup–incumbent dyads | 376 | 376 | 179 | 179 |
Adjusted R2 | 0.352 | 0.351 | 0.369 | 0.362 |