Letter from the Founding Facilitor

Letter from the Founding Editor-in-Chief

From the Founding Editor

ASL is gearing up for change in looks, content as well as its name. About 27 years after it was launched, ASL is undergoing a complete transformation to meet fresh challenges of the new millennium. The journal will have a new look and feel, its advisory committee reconstituted, a more efficient peer review process and an online platform for submission and review of research papers. Very soon, a...

Founding the Future: The evolution of teams from founding to IPO•

We develop an evolutionary theory of entrepreneurial top management teams highlighting that entrepreneurial teams follow a path-dependent process where the founding team shapes the quality and characteristics of subsequent executive teams. By attracting top managers who are both similar to the founders and experienced in their own right, experienced founding teams accrue long-term advantages. U...

Founding the Future: Path Dependence in the Evolution of Top Management Teams from Founding to IPO

We contrast life-cycle and path-dependent views of entrepreneurial firms by examining the evolution of top management teams. We show how initial conditions constrain subsequent outcomes by demonstrating that the founding team’s prior functional experiences and initial organizational functional structures predict subsequent top manager backgrounds and later functional structures. We find that na...

LETTER FROM THE PRESIDENT Letter from the President

I have just come back from attending ECMI 2002 in Latvia. About 150 people took part in the conference which was held in the delightful resort town of Jurmala, about 20km south of Riga. The invited speakers covered a wide range of topics and all gave interesting talks as did the minisymposium speakers and the other contributors. The participants enjoyed the weather and surroundings in Jurmala a...