x

Please fill out this short user survey of only 3 questions in order to help us improve the site. We appreciate your feedback!
The effects of early stage resources acquisition
Last registered on January 19, 2021

Pre-Trial

Trial Information
General Information
Title
The effects of early stage resources acquisition
RCT ID
AEARCTR-0007064
Initial registration date
January 18, 2021
Last updated
January 19, 2021 6:21 AM EST
Location(s)
Region
Primary Investigator
Affiliation
University of Oregon
Other Primary Investigator(s)
Additional Trial Information
Status
In development
Start date
2021-01-25
End date
2021-12-31
Secondary IDs
Abstract
Obtaining rigorous evidence on the impact of resource acquisition is not easy given the empirical challenges that limit causal inference. These challenges include omitted variable bias (e.g., unobserved ability could be driving changes in performance and strategic orientation decisions), self-selection bias (decisions to seek certain resources could be influenced by reasons unknown to the researcher), or reverse causality issues (e.g., better performance or strategic orientation decisions may be required first so that an entrepreneur can acquire a certain resource). To address these empirical challenges, I will implement a process field experiment. Such an experiment tests the process underlying why we think resource acquisition influences venture performance and its strategic orientation, and analyses which mechanism (financial capital, entrepreneurial capital, or both) is more important. A trade-off could exist in accessing these resources and I consider these various trade-offs explicitly in the research design in order to identify the “active ingredient” in the process of early-stage resource acquisition.

To test experimentally the effects of resource acquisition, I will implement two treatments. In addition to having a control group (“T0: Control Group”), I will implement (1) access to entrepreneurial capital (“T1: Entrepreneurial capital”) and (2) access to financial capital and entrepreneurial capital (“T2: Financial capital & Entrepreneurial capital”). I stratify the randomization according to venture and founder characteristics (industry, resource endowment, and gender) to ensure creating groups with similar observable characteristics.
External Link(s)
Registration Citation
Citation
Hmaddi, Ouafaa. 2021. "The effects of early stage resources acquisition." AEA RCT Registry. January 19. https://doi.org/10.1257/rct.7064-1.0.
Sponsors & Partners

There are documents in this trial unavailable to the public. Use the button below to request access to this information.

Request Information
Experimental Details
Interventions
Intervention(s)
To test experimentally the effects of resource acquisition, I will implement two treatments. In addition to having a control group (“T0: Control Group”), I will implement (1) access to entrepreneurial capital (“T1: Entrepreneurial capital”) and (2) access to financial capital and entrepreneurial capital (“T2: Financial capital & Entrepreneurial capital”). I stratify the randomization according to venture and founder characteristics (industry, resource endowment, and gender) to ensure creating groups with similar observable characteristics.
Intervention Start Date
2021-02-21
Intervention End Date
2021-05-31
Primary Outcomes
Primary Outcomes (end points)
Venture Pivot
Venture Performance
Primary Outcomes (explanation)
Secondary Outcomes
Secondary Outcomes (end points)
Secondary Outcomes (explanation)
Experimental Design
Experimental Design
The experiment is designed to compare 2 experimental treatments to a shared control arm.
Experimental Design Details
Not available
Randomization Method
randomization will be done in office by a computer
Randomization Unit
Venture
Was the treatment clustered?
No
Experiment Characteristics
Sample size: planned number of clusters
200
Sample size: planned number of observations
200
Sample size (or number of clusters) by treatment arms
40, 80, 80
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
0.85
IRB
INSTITUTIONAL REVIEW BOARDS (IRBs)
IRB Name
IRB Approval Date
IRB Approval Number