Drivers of firm-government engagement for technology ventures.

ABSTRACT: Prior scholarship generally examines the returns generated by firm-government engagement. These studies are based on an implicit and understudied assumption - the firm's strategic choice of whether to engage with the government. Here, we unpack the drivers of this choice. To do so, we construct a population-level sample of U.S. high-tech ventures founded between 2015-2017; the full sample exceeds one million firms. We then utilize government records to identify initial firm-government engagement; approximately 24,000 high-tech ventures reveal this preference by firm age three. We examine a range of external and internal factors that may motivate such a choice. The results indicate that firm-government engagement most prominently coincides with firm resource constraints. Features driving su

SUBMITTER: Lanahan L 

PROVIDER: S-EPMC12513645 | biostudies-literature | 2025

REPOSITORIES: biostudies-literature