FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3121330507> ?p ?o ?g. }

• W3121330507 endingPage "398" @default.
• W3121330507 startingPage "387" @default.
• W3121330507 abstract "Abstract An organization's ability to exploit extreme events—such as exceptional opportunities—depends on its capacity strategy. The venture capital industry illustrates the interplay of expensive capacity and negative externalities from high utilization. The cost of adding a venture capitalist provides a strong incentive to run lean, but such leanness may make it impossible to evaluate all interesting investment opportunities. Using concepts from extreme‐value theory, we analyze the trade‐off between the costs and benefits arising from an increase in the number of evaluated deals. We ground our analysis in 11 years of archival data from a venture capital firm, representing 3631 deals, the decisions made, the reasons for those decisions, and the decision lead times. The firm identified 20% of arriving deals as worth evaluating during the screening process, but was not able to evaluate approximately 9% of those interesting deals due to a lack of capacity. We show that the value of increasing the number of deals evaluated increases with the tail weight of the distribution of deal values. When the right tail is light, increasing the number of deals evaluated may provide too modest a benefit to justify the cost. When, however, the right tail is heavy, the value of increasing the number of deals is likely to more than compensate for the cost of capacity. Our results provide new insight into the relative value of a chase capacity strategy that emphasizes responsiveness versus a high‐utilization heuristic that emphasizes productivity. Our approach can be applied to other search operations such as personnel selection, quality circles seeking to identify root causes, and making employee capacity available for innovation." @default.
• W3121330507 created "2021-02-01" @default.
• W3121330507 creator A5009623052 @default.
• W3121330507 creator A5034709531 @default.
• W3121330507 creator A5089493027 @default.
• W3121330507 date "2014-07-27" @default.
• W3121330507 modified "2023-09-30" @default.
• W3121330507 title "Economies of extremes: Lessons from venture-capital decision making" @default.
• W3121330507 cites W1486281603 @default.
• W3121330507 cites W1500657154 @default.
• W3121330507 cites W1964416212 @default.
• W3121330507 cites W1966598925 @default.
• W3121330507 cites W1968737915 @default.
• W3121330507 cites W1969293212 @default.
• W3121330507 cites W1978193616 @default.
• W3121330507 cites W1984074210 @default.
• W3121330507 cites W1984103729 @default.
• W3121330507 cites W1986745568 @default.
• W3121330507 cites W1990766395 @default.
• W3121330507 cites W1993657490 @default.
• W3121330507 cites W2013978435 @default.
• W3121330507 cites W2015183139 @default.
• W3121330507 cites W2016360648 @default.
• W3121330507 cites W2018044989 @default.
• W3121330507 cites W2021513086 @default.
• W3121330507 cites W2028839466 @default.
• W3121330507 cites W2033657563 @default.
• W3121330507 cites W2034082940 @default.
• W3121330507 cites W2036379689 @default.
• W3121330507 cites W2046690059 @default.
• W3121330507 cites W2048649579 @default.
• W3121330507 cites W2070907189 @default.
• W3121330507 cites W2077531162 @default.
• W3121330507 cites W2077968320 @default.
• W3121330507 cites W2078808258 @default.
• W3121330507 cites W2089762011 @default.
• W3121330507 cites W2104697321 @default.
• W3121330507 cites W2112177229 @default.
• W3121330507 cites W2115678135 @default.
• W3121330507 cites W2117043774 @default.
• W3121330507 cites W2119018113 @default.
• W3121330507 cites W2122456939 @default.
• W3121330507 cites W2125345368 @default.
• W3121330507 cites W2126538003 @default.
• W3121330507 cites W2127172797 @default.
• W3121330507 cites W2136127899 @default.
• W3121330507 cites W2146656157 @default.
• W3121330507 cites W2154458282 @default.
• W3121330507 cites W2324099123 @default.
• W3121330507 cites W3021333662 @default.
• W3121330507 cites W3021924892 @default.
• W3121330507 cites W3122873328 @default.
• W3121330507 cites W3123443084 @default.
• W3121330507 cites W3123927737 @default.
• W3121330507 cites W3125310982 @default.
• W3121330507 cites W3125647812 @default.
• W3121330507 cites W4205164623 @default.
• W3121330507 cites W4214712351 @default.
• W3121330507 cites W4232827861 @default.
• W3121330507 cites W4239615112 @default.
• W3121330507 cites W4244170423 @default.
• W3121330507 doi "https://doi.org/10.1016/j.jom.2014.07.002" @default.
• W3121330507 hasPublicationYear "2014" @default.
• W3121330507 type Work @default.
• W3121330507 sameAs 3121330507 @default.
• W3121330507 citedByCount "9" @default.
• W3121330507 countsByYear W31213305072014 @default.
• W3121330507 countsByYear W31213305072015 @default.
• W3121330507 countsByYear W31213305072016 @default.
• W3121330507 countsByYear W31213305072018 @default.
• W3121330507 countsByYear W31213305072019 @default.
• W3121330507 countsByYear W31213305072021 @default.
• W3121330507 countsByYear W31213305072023 @default.
• W3121330507 crossrefType "journal-article" @default.
• W3121330507 hasAuthorship W3121330507A5009623052 @default.
• W3121330507 hasAuthorship W3121330507A5034709531 @default.
• W3121330507 hasAuthorship W3121330507A5089493027 @default.
• W3121330507 hasBestOaLocation W31213305072 @default.
• W3121330507 hasConcept C10138342 @default.
• W3121330507 hasConcept C110121322 @default.
• W3121330507 hasConcept C119857082 @default.
• W3121330507 hasConcept C134306372 @default.
• W3121330507 hasConcept C139719470 @default.
• W3121330507 hasConcept C144133560 @default.
• W3121330507 hasConcept C154945302 @default.
• W3121330507 hasConcept C16118543 @default.
• W3121330507 hasConcept C162324750 @default.
• W3121330507 hasConcept C165696696 @default.
• W3121330507 hasConcept C166957645 @default.
• W3121330507 hasConcept C173801870 @default.
• W3121330507 hasConcept C175444787 @default.
• W3121330507 hasConcept C17744445 @default.
• W3121330507 hasConcept C199539241 @default.
• W3121330507 hasConcept C204983608 @default.
• W3121330507 hasConcept C21279758 @default.
• W3121330507 hasConcept C27548731 @default.
• W3121330507 hasConcept C2776291640 @default.
• W3121330507 hasConcept C29122968 @default.

• next