What Are Firms? Evolution from Birth to Public Companies
The authors study how firm characteristics evolve from early business plan to initial public offering to public company for 49 venture capital financed companies. They describe the financial performance, business idea, point(s) of differentiation, non-human capital assets, growth strategy, customers, competitors, alliances, top management, ownership structure, and the board of directors.
Link
http://www.nber.org/papers/W11581