The effect of founding team characteristics on start-ups' performance: the case of Campania

Adele Parmentola and Michele Costagliola di Fiore

International Journal of Entrepreneurship and Small Business, 2024, vol. 53, issue 4, 524-543

Abstract: There is a growing interest in the entrepreneurship literature on studying start-ups and how they can achieve high performance. Authors usually classify start-up growth factors into three main categories: entrepreneurs, firms, and socioeconomic environment characteristics. However, more recent studies have shown that many start-ups are founded by a team and not by a single entrepreneur. Consequently, the success of new ventures also depends on the founding team characteristics, especially focusing on team heterogeneity. This paper aims to investigate how entrepreneurial team heterogeneity affects start-up performance; based on our hypothesis, we empirically test this relationship in the context of Campania's innovative start-up ecosystem.

Keywords: founding team characteristics; entrepreneurial team heterogeneity; demographic heterogeneity; informational heterogeneity; personality heterogeneity; tenure heterogeneity; innovative start-ups; start-ups' performance; new venture performance; entrepreneurship; small business; Campania region. (search for similar items in EconPapers)
Date: 2024
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