TableĀ 4

Knowledge, logics and attributes of advisors

FunctionalistsArchitects
Advisor's knowledge domainFunctional knowledge within a venture development stage and often within a particular knowledge domain (e.g. science and technology, business development, marketing and sales and finance, accounting and legal matters)Functional knowledge and Entrepreneurial knowledge. The latter refers to an in-depth understanding of the underlying principle of building an entrepreneurial firm, its process and required components, including expertise/know-what and know-who
Advisor's logicsCausal logics derived from functional experience and learned traditional management techniques (e.g. MBA)Effectual logics derived from a track record of entrepreneurial experience
Advisor's institutional affiliationCount%Count%
Venture capitalist33425
Tech. transfer officer7700
Academics313100
Prof. advisors2121425
Gov. agent5516
Ind. advisor3232744
Total9910016100

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