The Importance of Intellectual Humility in New Venture Teams

Marieke Funck (), Slawa Tomin () and Rüdiger Kabst ()
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Marieke Funck: Paderborn University
Slawa Tomin: Paderborn University
Rüdiger Kabst: Paderborn University

No 116, Working Papers Dissertations from Paderborn University, Faculty of Business Administration and Economics

Abstract: In the dynamic environment of new venture teams (NVTs), where new information and diverse perspectives necessitate ongoing adaptation, intellectual humility assumes a central role. Intellectual humility is marked by openness to alternative viewpoints, recognition of the fallibility of personal beliefs and opinions, and the capacity to engage in fair and constructive negotiation. We investigate the role of intellectual humility in NVTs’ dynamics in terms of its influence on interpersonal conflict and information elaboration and how influence is distributed on the team. Our findings reveal that intellectual humility has a positive effect on the equal distribution of influence, reduces interpersonal conflict, and enhances information elaboration in NVTs. These findings expand our understanding of NVTs’ dynamics and provide valuable insights into the role of intellectual humility in the field of entrepreneurship.

Keywords: Intellectual humility; new venture teams; distribution of influence; interpersonal conflict; information elaboration (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Pages: 25
Date: 2023-11
New Economics Papers: this item is included in nep-ent, nep-ipr and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:pdn:dispap:116

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