Human resource flexibility and strong ties in entrepreneurial teams
Roxanne Zolin,
Andreas Kuckertz and
Teemu Kautonen
Journal of Business Research, 2011, vol. 64, issue 10, 1097-1103
Abstract:
Human resource flexibility is important in entrepreneurial ventures that need to respond to the changing challenges of growing the new business. This research investigates the impact of previously well-known people (strong ties) as entrepreneurial team members on the human resource flexibility of new ventures. Data collected from German founding entrepreneurs in technology-oriented, incubator-based firms shows that choosing a well known individual to join the entrepreneurial team increases the founder's ability to modify the team member's work role, but complicates asking the team member to leave the team if required. Hence, strong ties both increase and reduce human resource flexibility. However, the effect of strong ties on role modifiability is statistically significant only with novice entrepreneurs. These research findings counsel founders to discuss role modification and exit during partnership and entrepreneurial team membership negotiations.
Keywords: Entrepreneurship; Entrepreneurial; team; Resource; flexibility; Novice; entrepreneurs; Habitual; entrepreneurs (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:64:y:2011:i:10:p:1097-1103
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