Founding Team Capabilities and New Venture Performance: The Mediating Role of Strategic Positional Advantages

Y. Lisa Zhao, Michael Song and Gregory L. Storm

Entrepreneurship Theory and Practice, 2013, vol. 37, issue 4, 789-814

Abstract: This study conceptualizes founding team human capital with three multi–item scales that are related to critical functional areas in new service ventures: marketing capabilities, market–linking capabilities, and service design capabilities. We develop and empirically test a theoretical framework linking founding team capabilities to service venture performance through two strategic positional advantages: scalability and protectability. Our results provide insight into previous inconsistent findings regarding founding teams’ impact on new venture performance, offer important managerial implications, and point to future research directions.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:37:y:2013:i:4:p:789-814

DOI: 10.1111/j.1540-6520.2012.00513.x

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