Startup team contributions and new firm creation: the role of founding team experience

  1. Muñoz-Bullón, Fernando 1
  2. Sánchez-Bueno, María J. 1
  3. Vos-Saz, Antonio 1
  1. 1 Universidad Carlos III de Madrid
    info

    Universidad Carlos III de Madrid

    Madrid, España

    ROR https://ror.org/03ths8210

Revista:
Entrepreneurship & Regional Development

ISSN: 0898-5626,  1464-5114

Año de publicación: 2015

Volumen: 27

Número: 1-2

Páginas: 80-105

Tipo: Artículo

DOI: 10.1080/08985626.2014.999719 GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Entrepreneurship & Regional Development

Resumen

The likelihood of nascent entrepreneurs making the transition from a new venture idea to a profitable business is argued to be contingent on the breadth of the resources available within the startup team. Team industry and startup experience are deemed to influence the entrepreneurs’ ability to profitably establish the venture in the market via the mobilization of team resources. Using a sample of nascent entrepreneurs in the USA, we show that team resource heterogeneity has a positive impact on profitable firm creation. Moreover, this positive effect is greater as the team has more experience in the industry in which the new business will compete.

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Información de financiación

This work was supported by Universidad Carlos III in Madrid (Project CCG07-UC3M/HUM-3287) and from the Spanish Commission for Science and Technology-ERDF (Projects SEJ2007-63879, EC02008-01513/ECON and ECO2012-36160).

Financiadores

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