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New venture dissolution and the comobility of new venture teams
Small Business Economics ( IF 7.096 ) Pub Date : 2021-10-02 , DOI: 10.1007/s11187-021-00543-z
Nazanin Eftekhari 1 , Bram Timmermans 1, 2
Affiliation  

Abstract

While the dissolution of new ventures is a common phenomenon in the organizational landscape, it seldom means the end of the road for those involved in the new venture. Nevertheless, most research treats this dissolution with a sense of finality. Using the Danish Integrated Database for Labor Market Research (IDA), we explore the persistence of cofounders and early employees to continue their work relationships after the dissolution of the new venture. We investigate where these team members continue their career and whether they pursue entrepreneurship together in another new venture. Overall, over 18.3% move jointly, and comobility is more prevalent among new venture team members who worked jointly prior to founding the new venture and among those new venture teams demonstrating high levels of homogeneity. Moreover, comovers tend toward small firms, and comobility occurs largely in similar industry. A large share of comovers move to new ventures, which is indicative of serial or habitual new venture teams. This also raises further question on team-level dimension of learning from failure.



中文翻译:

新企业解散和新企业团队的协同

摘要

虽然新企业的解散是组织环境中的普遍现象,但对于那些参与新企业的人来说,这很少意味着道路的终结。尽管如此,大多数研究都以一种终结感来对待这种解散。使用丹麦劳动力市场研究综合数据库 (IDA),我们探索了联合创始人和早期员工在新企业解散后继续工作关系的坚持。我们调查这些团队成员在哪里继续他们的职业生涯,以及他们是否在另一家新企业中一起追求创业。总体而言,超过 18.3% 的人共同行动,并且在新风险投资团队成立之前共同工作的新风险投资团队成员以及表现出高度同质性的新风险投资团队中,协同流动性更为普遍。而且,合并倾向于小公司,而协同主要发生在类似的行业。很大一部分comovers转向新的风险投资,这表明连续或习惯性的新风险投资团队。这也对从失败中学习的团队层面维度提出了进一步的问题。

更新日期:2021-10-02
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