Pub Date : 2009-04-24DOI: 10.1108/MRN.2009.02132FAA.001
L. Schjoedt, S. Kraus
{"title":"The heart of a new venture: the entrepreneurial team","authors":"L. Schjoedt, S. Kraus","doi":"10.1108/MRN.2009.02132FAA.001","DOIUrl":"https://doi.org/10.1108/MRN.2009.02132FAA.001","url":null,"abstract":"","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"167 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122569851","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910962975
Thilo A. Mueller, H. Gemünden
Purpose – Developments in the software industry have shown the need for sustainable and effective management strategies, especially for new ventures. Entrepreneurship literature suggests marketing to be one of the pivotal predictors of business performance. Previous empirical studies have shown the importance of social interaction and team work quality for new venture performance. The purpose of this paper is to apply founder team interaction quality (IQ), and the customer and competitor orientation concept of marketing research to new software venture performance.Design/methodology/approach – An empirical study using a fully standardized questionnaire was conducted in 101 young software ventures. Two founders in each company filled out the questionnaire separately allowing superior tests for reliability and validity of the research framework.Findings – The results show team IQ to be a powerful predictor of both customer orientation and competitor orientation. Furthermore, a positive, linear relationship ...
{"title":"Founder team interaction, customer and competitor orientation in software ventures","authors":"Thilo A. Mueller, H. Gemünden","doi":"10.1108/01409170910962975","DOIUrl":"https://doi.org/10.1108/01409170910962975","url":null,"abstract":"Purpose – Developments in the software industry have shown the need for sustainable and effective management strategies, especially for new ventures. Entrepreneurship literature suggests marketing to be one of the pivotal predictors of business performance. Previous empirical studies have shown the importance of social interaction and team work quality for new venture performance. The purpose of this paper is to apply founder team interaction quality (IQ), and the customer and competitor orientation concept of marketing research to new software venture performance.Design/methodology/approach – An empirical study using a fully standardized questionnaire was conducted in 101 young software ventures. Two founders in each company filled out the questionnaire separately allowing superior tests for reliability and validity of the research framework.Findings – The results show team IQ to be a powerful predictor of both customer orientation and competitor orientation. Furthermore, a positive, linear relationship ...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132562754","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910962993
Myleen Leary, Michael L. DeVaughn
Purpose – The purpose of this paper is to identify the characteristics of an entrepreneurial team that influence the likelihood a new venture will successfully launch.Design/methodology/approach – This paper uses a sample of prospective start‐up banks that applied for a charter application in Florida between 1996 and 2005. Logistic regression was used to test the hypotheses.Findings – Analysis suggests that entrepreneurial teams where: the CEO is strongly embedded into the team; no team member holds 10 per cent or more of the firm's total equity; team members have less rather than more industry experience; and more team members have prior founding experience, all point to a successful new venture launch.Research limitations/implications – This study focuses on start‐up success in a single industry and thus may not be generalizable to other research contexts.Practical implications – Results suggest that bank regulators in charge approving new bank charters would be well advised to revisit their guidelines ...
{"title":"Entrepreneurial team characteristics that influence the successful launch of a new venture","authors":"Myleen Leary, Michael L. DeVaughn","doi":"10.1108/01409170910962993","DOIUrl":"https://doi.org/10.1108/01409170910962993","url":null,"abstract":"Purpose – The purpose of this paper is to identify the characteristics of an entrepreneurial team that influence the likelihood a new venture will successfully launch.Design/methodology/approach – This paper uses a sample of prospective start‐up banks that applied for a charter application in Florida between 1996 and 2005. Logistic regression was used to test the hypotheses.Findings – Analysis suggests that entrepreneurial teams where: the CEO is strongly embedded into the team; no team member holds 10 per cent or more of the firm's total equity; team members have less rather than more industry experience; and more team members have prior founding experience, all point to a successful new venture launch.Research limitations/implications – This study focuses on start‐up success in a single industry and thus may not be generalizable to other research contexts.Practical implications – Results suggest that bank regulators in charge approving new bank charters would be well advised to revisit their guidelines ...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"153 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129651533","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910944290
Diana L. Haytko, Christina S. Simmers
Purpose – The purpose of this paper is to explore the effects of human interaction versus interactions with technology in overall customer satisfaction with banking services, specifically, tellers versus Automated Teller Machines (ATMs) vs online transactions. All types of interactions are important in services, yet their level of importance is changing as the environment change.Design/methodology/approach – Two studies were conducted through surveys with students who had a bank checking account; six item measures were used to examine human interaction, interaction with an ATM, interaction with an online banking service and overall satisfaction with the specific bank. Multiple regression analyses were conducted to determine the effects of the interactions on overall satisfaction.Findings – The findings from the two studies show that while the human encounter was more important before online banking became so prevalent, the convenience of online banking has displaced the importance of human interaction. Ho...
{"title":"What's your preference?","authors":"Diana L. Haytko, Christina S. Simmers","doi":"10.1108/01409170910944290","DOIUrl":"https://doi.org/10.1108/01409170910944290","url":null,"abstract":"Purpose – The purpose of this paper is to explore the effects of human interaction versus interactions with technology in overall customer satisfaction with banking services, specifically, tellers versus Automated Teller Machines (ATMs) vs online transactions. All types of interactions are important in services, yet their level of importance is changing as the environment change.Design/methodology/approach – Two studies were conducted through surveys with students who had a bank checking account; six item measures were used to examine human interaction, interaction with an ATM, interaction with an online banking service and overall satisfaction with the specific bank. Multiple regression analyses were conducted to determine the effects of the interactions on overall satisfaction.Findings – The findings from the two studies show that while the human encounter was more important before online banking became so prevalent, the convenience of online banking has displaced the importance of human interaction. Ho...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117158859","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910962957
L. Schjoedt, S. Kraus
Purpose – The purpose of this paper is to stimulate future research on entrepreneurial teams (ET).Design/methodology/approach – This paper presents a literature‐driven definition of ET and model of factors influencing entrepreneurial team performance.Findings – The paper illustrates potential fruitful areas for future research on entrepreneurial teams.Research limitations/implications – A literature‐driven approach on ET provides an improved basis for future research. Modeling entrepreneurial team performance factors based on a heuristic model provides a basis for both conceptual and empirical research in the future.Practical implications – By stimulating additional research on entrepreneurial teams, this paper assists in creating a better distinction on how and why the entrepreneurial team influences new venture performance.Originality/value – Most research on ET is based on an inadequate definition of the concept. This paper adds value by presenting a literature‐driven definition of entrepreneurial team...
{"title":"Entrepreneurial teams: definition and performance factors","authors":"L. Schjoedt, S. Kraus","doi":"10.1108/01409170910962957","DOIUrl":"https://doi.org/10.1108/01409170910962957","url":null,"abstract":"Purpose – The purpose of this paper is to stimulate future research on entrepreneurial teams (ET).Design/methodology/approach – This paper presents a literature‐driven definition of ET and model of factors influencing entrepreneurial team performance.Findings – The paper illustrates potential fruitful areas for future research on entrepreneurial teams.Research limitations/implications – A literature‐driven approach on ET provides an improved basis for future research. Modeling entrepreneurial team performance factors based on a heuristic model provides a basis for both conceptual and empirical research in the future.Practical implications – By stimulating additional research on entrepreneurial teams, this paper assists in creating a better distinction on how and why the entrepreneurial team influences new venture performance.Originality/value – Most research on ET is based on an inadequate definition of the concept. This paper adds value by presenting a literature‐driven definition of entrepreneurial team...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125576435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910962984
Sanna Tihula, J. Huovinen, M. Fink
Purpose – The purpose of this paper is to answer whether or not entrepreneurial teams and management teams are a common phenomenon in small firms and to identify differences in the reasons for the formation of these different kinds of joint management. Additionally the impact of joint management on the performance of small businesses is tested.Design/methodology/approach – To answer the research question a questionnaire survey (n = 119, response rate = 48 per cent) of small firms (20‐49 employees) in Eastern Finland was supplemented by a secondary data collection on financial issues.Findings – The results show that in nearly four‐fifths of the firms a team was involved in the management. The logistic regression model revealed statistically significant differences between firms with entrepreneurial teams and such with management teams regarding the formation motives turnover, liability distribution and efficiency. Even though secondary data suggested that the firms managed by management teams were bigger, ...
{"title":"Entrepreneurial teams vs management teams: Reasons for team formation in small firms","authors":"Sanna Tihula, J. Huovinen, M. Fink","doi":"10.1108/01409170910962984","DOIUrl":"https://doi.org/10.1108/01409170910962984","url":null,"abstract":"Purpose – The purpose of this paper is to answer whether or not entrepreneurial teams and management teams are a common phenomenon in small firms and to identify differences in the reasons for the formation of these different kinds of joint management. Additionally the impact of joint management on the performance of small businesses is tested.Design/methodology/approach – To answer the research question a questionnaire survey (n = 119, response rate = 48 per cent) of small firms (20‐49 employees) in Eastern Finland was supplemented by a secondary data collection on financial issues.Findings – The results show that in nearly four‐fifths of the firms a team was involved in the management. The logistic regression model revealed statistically significant differences between firms with entrepreneurial teams and such with management teams regarding the formation motives turnover, liability distribution and efficiency. Even though secondary data suggested that the firms managed by management teams were bigger, ...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128476771","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910962966
Mark T Schenkel, Gary Garrison
Purpose – The purpose of this paper is to explore the role various forms of social capital play in the performance of entrepreneurial teams in a virtual context.Design/methodology/approach – The relationships between various social capital dimensions – i.e. relational capital, cognitive capital, entrepreneurial orientation and team‐efficacy – and entrepreneurial team performance are investigated. Students in an upper division course were assigned to a project team in which they consulted with a company and collaborated virtually among team members to develop a database to add value to an existing company's operations. Respondents’ perceptions of team social capital were measured via an online survey. Team performance was evaluated independently by course instructors.Findings – Results reveal that the perceptions of social capital in the form of relational capital, cognitive capital and entrepreneurial orientation are significantly positive predictors of team‐efficacy. Moreover, team‐efficacy is a strong p...
{"title":"Exploring the roles of social capital and team‐efficacy in virtual entrepreneurial team performance","authors":"Mark T Schenkel, Gary Garrison","doi":"10.1108/01409170910962966","DOIUrl":"https://doi.org/10.1108/01409170910962966","url":null,"abstract":"Purpose – The purpose of this paper is to explore the role various forms of social capital play in the performance of entrepreneurial teams in a virtual context.Design/methodology/approach – The relationships between various social capital dimensions – i.e. relational capital, cognitive capital, entrepreneurial orientation and team‐efficacy – and entrepreneurial team performance are investigated. Students in an upper division course were assigned to a project team in which they consulted with a company and collaborated virtually among team members to develop a database to add value to an existing company's operations. Respondents’ perceptions of team social capital were measured via an online survey. Team performance was evaluated independently by course instructors.Findings – Results reveal that the perceptions of social capital in the form of relational capital, cognitive capital and entrepreneurial orientation are significantly positive predictors of team‐efficacy. Moreover, team‐efficacy is a strong p...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"139 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133589760","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910944281
Gülruh Gürbüz, S. Aykol
Purpose – The purpose of this paper is to investigate the relationship between entrepreneurial orientation (EO) and entrepreneurial management (EM) and their impact on small firm growth. EO is regarded as the strategic dimension and it is assumed that EO will determine the extent of EM practices which will eventually affect firm growth.Design/methodology/approach – A survey was used as a research instrument and was applied to the owner managers of small Turkish enterprises. Data were collected from 221 independently owned and operated small manufacturing firms that employ less than 150 employees in Istanbul.Findings – Results confirm also that in this study EO affects firm growth. The explanatory power of our model increases when EO is accompanied by EM. Therefore, it can be concluded that EO achieves better results when it is supported by the appropriate management activities.Implications – For researchers, the application of these scales in a different setting has important implications. The factor anal...
{"title":"Entrepreneurial management, entrepreneurial orientation and Turkish small firm growth","authors":"Gülruh Gürbüz, S. Aykol","doi":"10.1108/01409170910944281","DOIUrl":"https://doi.org/10.1108/01409170910944281","url":null,"abstract":"Purpose – The purpose of this paper is to investigate the relationship between entrepreneurial orientation (EO) and entrepreneurial management (EM) and their impact on small firm growth. EO is regarded as the strategic dimension and it is assumed that EO will determine the extent of EM practices which will eventually affect firm growth.Design/methodology/approach – A survey was used as a research instrument and was applied to the owner managers of small Turkish enterprises. Data were collected from 221 independently owned and operated small manufacturing firms that employ less than 150 employees in Istanbul.Findings – Results confirm also that in this study EO affects firm growth. The explanatory power of our model increases when EO is accompanied by EM. Therefore, it can be concluded that EO achieves better results when it is supported by the appropriate management activities.Implications – For researchers, the application of these scales in a different setting has important implications. The factor anal...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121199809","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910944272
M. Ford
Purpose – The purpose of this paper is to evaluate competing views of whether organization size creates conditions of rigidity or fluidity with respect to adaptation and change, this study empirically compares processes used to implement planned change and their associated outcomes in small and large organizations.Design/methodology/approach – Using Lewin's three‐phase model of change as an evaluative framework, questionnaire‐based data were obtained from change managers in small and large organizations. Analysis of variance and profile analysis were used to investigate size‐related differences in unfreezing, movement and refreezing phases of change, and in implementation success.Findings – Results indicated that small organizations employed significantly lower levels of refreezing activities and realized lower levels of implementation success relative to large organizations.Research limitations/implications – While cross sectional in nature, the sample's modest size limits the extent to which findings ca...
{"title":"Size, structure and change implementation","authors":"M. Ford","doi":"10.1108/01409170910944272","DOIUrl":"https://doi.org/10.1108/01409170910944272","url":null,"abstract":"Purpose – The purpose of this paper is to evaluate competing views of whether organization size creates conditions of rigidity or fluidity with respect to adaptation and change, this study empirically compares processes used to implement planned change and their associated outcomes in small and large organizations.Design/methodology/approach – Using Lewin's three‐phase model of change as an evaluative framework, questionnaire‐based data were obtained from change managers in small and large organizations. Analysis of variance and profile analysis were used to investigate size‐related differences in unfreezing, movement and refreezing phases of change, and in implementation success.Findings – Results indicated that small organizations employed significantly lower levels of refreezing activities and realized lower levels of implementation success relative to large organizations.Research limitations/implications – While cross sectional in nature, the sample's modest size limits the extent to which findings ca...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133427589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2009-04-24DOI: 10.1108/01409170910944326
Spero C. Peppas, Tyler T. Yu
Purpose – The purpose of this paper is to examine attitudes of undergraduate and graduate business students in China and the USA with regard to business codes of ethics.Design/methodology/approach – Respondents were instructed to assume that an Ethical Practices Code had been drawn up by firms operating in the industry in which they intended to work and were asked to indicate their levels of disagreement/agreement with seven statements relating to the possible consequences of such a code. Tests of significance were used to analyze responses for the USA and Chinese groups. In addition, the effect on responses of a course in ethics was examined.Findings – Despite the recent attention focused on corporate irresponsibility and the possible adverse effects on US consumers of outsourcing to China, the findings indicate that, with one exception, attitudes toward codes of ethics were not significantly different between the Chinese and USA respondents.Research limitations/implications – Future researchers may wish...
{"title":"Codes of ethics","authors":"Spero C. Peppas, Tyler T. Yu","doi":"10.1108/01409170910944326","DOIUrl":"https://doi.org/10.1108/01409170910944326","url":null,"abstract":"Purpose – The purpose of this paper is to examine attitudes of undergraduate and graduate business students in China and the USA with regard to business codes of ethics.Design/methodology/approach – Respondents were instructed to assume that an Ethical Practices Code had been drawn up by firms operating in the industry in which they intended to work and were asked to indicate their levels of disagreement/agreement with seven statements relating to the possible consequences of such a code. Tests of significance were used to analyze responses for the USA and Chinese groups. In addition, the effect on responses of a course in ethics was examined.Findings – Despite the recent attention focused on corporate irresponsibility and the possible adverse effects on US consumers of outsourcing to China, the findings indicate that, with one exception, attitudes toward codes of ethics were not significantly different between the Chinese and USA respondents.Research limitations/implications – Future researchers may wish...","PeriodicalId":325346,"journal":{"name":"Management Research News","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-04-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134439480","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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