Session 230

TMTs as Firm Resources

Track K

Date: Tuesday, September 23, 2014

 

Time: 11:00 – 12:15

Paper

Room: Rotterdam


Session Chair:

  • Florence Honore, Iowa State University

Title: Entrepreneurial Team’s Acquisition of Talents and Performance: A Two-Sided Approach

Authors

  • Florence Honore, Iowa State University

Abstract: Entrepreneurial teams’ characteristics are often cited to explain the performance of the start-ups. However these characteristics such as prior experience play a role in the acquisition of new talents and influence the performance of the start-ups. Both effects are therefore confounded. In this paper, I plan on disentangling both effects and on showing that entrepreneurial teams and new hires’ characteristics related to intrinsic quality, knowledge and demographics affect both the selection and the performance but to various extents. I use a sample of technological start-ups to explore the phenomenon. The results will inform entrepreneurial research on team formation and start-up performance and strategic research on another use of the two-sided matching model.

Title: Gender Diversity Among Strategic Decision-Makers and Firm Performance: A Multi-Country Study

Authors

  • Punit Arora, CUNY
  • Adib Birkland, CUNY

Abstract: We integrate institutional and human capital theories to study the impact of gender diversity among strategic decision-makers on firm performance. While previous research on gender diversity has mainly studied board of directors and top management teams in single country contexts, it has been unable to determine the true nature of this relationship given the lack of critical mass of women in strategic positions. Using World Bank data from 27 European and Central Asian countries, we show that ventures with gender diversity among owners outperform their homogenous counterparts. However, a country’s corruption level depresses this effect in the short-run, but not in the long run. Our results demonstrate the ability of diverse human capital to overcome institutional barriers over an extended period of time.

Title: Growth and Survival of High Technology Ventures: The Importance of TMT and Board Human Capital

Authors

  • Rod Shrader, University of Illinois-Chicago
  • Abagail McWilliams, University of Illinois-Chicago

Abstract: In this study we examine relationships between the human capital of management teams and boards of directors, strategy and the long term growth and survival of high technology new ventures. Based on theory and prior research we expect to find that human capital has a direct relationship with strategy and a moderating effect on the relationship between strategy and firm performance. Once these effects are accounted for we do not expect to find significant direct relationships between human capital and growth or survival. Our hypotheses will be tested using a unique longitudinal dataset for a sample of 198 high-potential, high-technology, VC-backed, young IPO firms. Data were collected for the entire lifespan of each company from the date of formation to 2013.

Title: Top Management Team Attributes, Bricolage and Ambidexterity: A Mediated Model

Authors

  • Roxana Turturea, Erasmus University-Rotterdam
  • Justin Jansen, Erasmus University Rotterdam
  • Ingrid Verheul, Erasmus University-Rotterdam

Abstract: This study proposes that small and medium enterprises (SME) make use of entrepreneurial bricolage, to reconcile the tensions between exploration and exploitation and pursue ambidextrous strategies. Moreover, we examine how two top management team (TMT) attributes, namely networking ability and cognitive diversity, enhance firms'ability to engage in bricolage successfully. Lastly, we test a mediated model, exploring direct and indirect effects (mediated by bricolage) of these two TMT attributes on organizational ambidexterity. We tested these hypotheses on a cross-industry sample of 249 SMEs . The results provide substantial support for our hypotheses.

All Sessions in Track K...

Sun: 08:00 – 09:15
Session 386: Entrepreneurial Corporate Governance
Sun: 09:30 – 10:45
Session 387: Social Capital in Emerging Markets: Local, Glocal or Global?
Sun: 11:15 – 12:30
Session 462: Crowdfunding: State of the Art and Directions for Future Research
Sun: 15:45 – 17:00
Session 235: Cognitive and Behaviorial Perspectives of Entrepreneurial Decision Making
Session 380: Small, Young and Entrepreneurial Firms: A Unique Perspective in Globalization
Sun: 17:15 – 18:30
Session 607: Entrepreneurship and Strategy IG Business Meeting
Mon: 08:00 – 09:15
Session 227: Entrepreneurial Orientation, capabilities and firm performance
Session 445: Adaptation issues for Entrepreneurial Firms
Mon: 11:00 – 12:15
Session 232: Theory Building in the Field of Entrepreneurship
Session 440: Entrepreneurial Strategies in Emerging and International markets
Mon: 14:45 – 16:00
Session 231: Entrepreneurial Leadership: What it Takes to be a Successful Enterprise?
Session 457: Ownership and Funding Structures: Performance Implications for the entrepreneurial firms
Mon: 16:30 – 17:45
Session 226: Culture, Norms and Institutions: The contextual influences on Entrepreneurship
Session 229: Who Founds and how the Founding Team Impacts the Entrepreneurial Firm?
Tue: 08:00 – 09:15
Session 224: Funding an Entrepreneurial Venture: What Works and What Does Not?
Session 236: Universities, Academics and Incubators: The Role of Academic Institutions in Shaping Entrepreneurial Firm and Outcomes
Tue: 11:00 – 12:15
Session 230: TMTs as Firm Resources
Session 309: New Conversations on Business Models
Tue: 15:30 – 16:45
Session 225: Entrepreneurial Networks: Formation and Implications
Session 228: Dynamic Capabilities and Performance Implications for New Firms
Tue: 17:15 – 18:30
Session 234: Institutional, Industry and Firm Specific Impacts on Nascent Firms
Session 441: Funding Entrepreneurial Ventures: Sources and Successes


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