Founding Teams and Startup Performance

نویسندگان

چکیده

We explore the role of founding teams in accounting for post-entry dynamics startups. While entrepreneurship literature has largely focused on business founders, we broaden this view by considering as both founders and early joiners. investigate idea that success a startup may derive from organizational capital is created at firm formation inalienable team itself. To test hypothesis, exploit premature deaths to identify causal impact losing member performance. find exogenous separation due death persistently large, negative, statistically significant size, survival, productivity Consistent with our effects are stronger firms small those operating business-to-business (B2B) oriented sectors. Moreover, while loss founder an especially large adverse effect, joiner nonetheless exhibits negative lending support inclusive definition teams.

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ژورنال

عنوان ژورنال: Social Science Research Network

سال: 2021

ISSN: ['1556-5068']

DOI: https://doi.org/10.2139/ssrn.3776985