A close look at the contingencies of founders’ effect on venture performance

Volume: 29, Issue: 4, Pages: 997 - 1020
Published: Jun 12, 2020
Abstract
Studies show that founders’ industry-specific experience is beneficial to venture performance. However, we know little on the contingencies associated with such an effect. Using a panel dataset of 338 Italian high-tech ventures, we find that founders’ industry-specific experience positively affects venture performance. However, changes in the top management team (TMT) during the initial phases of the venture’s life weaken the positive...
Paper Details
Title
A close look at the contingencies of founders’ effect on venture performance
Published Date
Jun 12, 2020
Volume
29
Issue
4
Pages
997 - 1020
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