This paper makes use of a unique dataset of the Information Security Market (ISM) to advance the understanding of the phenomenon of entrepreneurship. Its purpose is threefold: First, how the presence of a market for technology (MFT) conditions the choice of business model of firms and post entry performance of firms is examined. This paper also examines the industry effects of MFT, by exploring the influence of MFT on competition. Secondly, this paper explores how opportunity costs of entrepreneurs influence exit as well as success of the entrepreneurial venture started by entrepreneurs. Finally, this paper examines how different types of firm competencies condition the choice of business model and survival of firms.
Adobe .pdf files require the Adobe Acrobat Reader.
Download and install the Adobe Acrobat Reader.