Purpose

This study aims to show what type of directors founders (or entrepreneurs) first appoint to the board and how these appointments differ across experienced and novice entrepreneurs.

Design/methodology/approach

The sample consists of the human capital of board members in 443 new ventures in the computer software and information technology industries between 2000 and 2014. The hypotheses were tested using tobit regression.

Findings

The findings in this study reveal that compared to novice entrepreneurs, experienced entrepreneurs tend to appoint early boards with greater human capital (entrepreneurial, technical/scientific and industry-specific) and with greater functional diversity. In contrast, novice entrepreneurs tend to appoint early boards with greater finance and director experience.

Originality/value

The value of this research lies in filling the gap in the current literature by comparing the board appointment/selection behavior of novice and experienced entrepreneurs, which is relatively underexplored.

中文翻译：

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揭示企业家的先创经验对早期董事会选择的影响

目的

这项研究旨在显示哪种类型的董事创始人（或企业家）首先任命董事会，以及这些任命在有经验的企业家和新手企业家之间有何不同。

设计/方法/方法

该样本由2000年至2014年间计算机软件和信息技术行业443家新企业中董事会成员的人力资本组成。使用tobit回归对假设进行了检验。

发现

这项研究的结果表明，与新手企业家相比，经验丰富的企业家倾向于任命具有更大人力资本（企业家，技术/科学和行业特定）和职能多元化的早期董事会。相反，新手企业家倾向于任命具有更丰富财务和董事经验的早期董事会。

创意/价值

这项研究的价值在于，通过比较新手和有经验的企业家的董事会任命/ behavior选行为，填补了当前文献中的空白，这相对来说还没有得到充分的研究。