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Birds of a feather get lost together: new venture team composition and performance
Australian Centre for Entrepreneurship Research, QUT Business School, Queensland University of Technology.
Kelley School of Business, Indiana University, USA.
Jönköping University, Jönköping International Business School, JIBS, ESOL (Entrepreneurship, Strategy, Organization, Leadership).
2012 (English)In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 39, no 3, 727-743 p.Article in journal (Refereed) Published
Abstract [en]

This study explores the relationship between new venture team composition and new venture persistence and performance over time. We examine the team characteristics of a 5-year panel study of 202 new venture teams and new venture performance. Our study makes two contributions. First, we extend earlier research concerning homophily theories of the prevalence of homogeneous teams. Using structural event analysis we demonstrate that team members’ start-up experience is important in this context. Second, we attempt to reconcile conflicting evidence concerning the influence of team homogeneity on performance by considering the element of time. We hypothesize that higher team homogeneity is positively related to short term outcomes, but is less effective in the longer term. Our results confirm a difference over time. We find that more homogeneous teams are less likely to be higher performing in the long term. However, we find no relationship between team homogeneity and short-term performance outcomes.

Place, publisher, year, edition, pages
2012. Vol. 39, no 3, 727-743 p.
Keyword [en]
New venture teams, Homophily, Team homogeneity, Team heterogeneity, Team diversity, New venture performance
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-17354DOI: 10.1007/s11187-011-9358-zLocal ID: IHHESOLISOAI: oai:DiVA.org:hj-17354DiVA: diva2:481182
Available from: 2012-01-20 Created: 2012-01-20 Last updated: 2015-11-17Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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  • vancouver
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More styles
Language
  • de-DE
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  • nn-NB
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  • Other locale
More languages
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