Imprinting Effect of Initial Resources and Market Strategy on the Early Growth Path of Start-Ups

Research-based start-ups (RBSUs) differ in their early growth. Some firms grow very rapidly, while others grow slowly or do not grow at all. In this paper, the authors bring insights in the causes of the diversity in the early growth of RBSUs. To identify some of the key factors that affect growth, they study the initial resource base and the firm’s market strategy.