The Fragile Success of Team Start-ups

Arbeitspapier

This article describes the benefits and pitfalls of starting a firm with an entrepreneurial team, drawing on a longitudinal empirical analysis of the life course of 90 team start-ups and 1196 solo start-ups in the Netherlands. In the first three years of their existence, team start-ups perform better than solo start-ups on several success indicators. However, after this start phase, entrepreneurial teams face particular problems in realizing further growth. These team-specific bottlenecks can even threaten firm survival. In later life course phases we found a clear distinction between entrepreneurial teams with stagnating growth and teams that succeeded in solving these problems and went on to realize further growth.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Papers on Entrepreneurship, Growth and Public Policy ; No. 1705

Classification and Topics

• Classification: Wirtschaft ; New Firms; Startups ; Firm Performance: Size, Diversification, and Scope ; Conflict; Conflict Resolution; Alliances; Revolutions ; Organizational Behavior; Transaction Costs; Property Rights ; Firm Behavior: Theory ; Personnel Economics: Labor Management
• Subject: entrepreneurial teams ; start-ups ; firm growth ; life course analysis ; Unternehmensgründung ; Unternehmer ; Gruppenarbeit ; Unternehmensentwicklung ; Niederlande

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Stam, Erik ; Schutjens, Veronique
• Event: Veröffentlichung
• (who): Max Planck Institute for Research into Economic Systems
• (where): Jena
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/20007
• Last update: 10.03.2025, 11:43 AM CET