The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
New Venture Evolution and Managerial Capabilities
Open accessAbstract
This study examines factors influencing changes in the top management of start-up firms. Whereas a significant amount of research has examined top management transitions in established firms, we know much less about the factors influencing the evolution of top management capabilities in a new firm. Our research examines these issues in a sample of new ventures founded from 1983 through 1995, examining each firm for seven years after its founding to evaluate the conditions that influence a firm’s changes in top management. Results indicate that top management team changes occur in cases of very low or very high firm growth, but are mitigated by a functionally diverse top management team. Power and control of inside and outside constituencies also affect changes in top management, with venture capital ownership and board representation increasing change in top management, and managerial ownership decreasing changes.
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Citations
Cites
Explaining Development and Change in Organizations
van de Ven, A. H., & Poole, M. S. (1995) · The Academy of Management Review · doi:10.5465/amr.1995.9508080329 · Cited by 3,762
Eisenhardt, K. M., & Schoonhoven, C. B. (1996) · Organization Science · doi:10.1287/orsc.7.2.136 · Cited by 2,672 · cited 1×
“Founders with less experience in the industry may not have the same capabilities and knowledge to draw upon as the firm evolves ( Eisenhardt & Schoonhoven, 1996 ).”
Background
Cited by
Founding the Future: Path Dependence in the Evolution of Top Management Teams from Founding to IPO
Beckman, C. M., & Burton, M. D. (2008) · Organization Science · doi:10.1287/orsc.1070.0311 · Cited by 605
Innovating Beyond the Horizon: CEO Career Horizon, Top Management Composition, and R&D Intensity
Heyden, M. L. M., Reimer, M., & Van Doorn, S. (2017) · Human Resource Management · doi:10.1002/hrm.21730 · Cited by 164
Metadata
- Authors
- Boeker, W., & Wiltbank, R.
- Venue
- Organization Science
- Published
- 2005-04
- Volume
- 16
- Issue
- 2
- Pages
- 123-133
- ISSN
- 1047-7039 (ISSN-L)
- 1526-5455
- OpenAlex
- W2148000263
- Cited by
- 267
- References
- 2
- FWCI
- 12.58
- Type
- journal article
- Language
- en
- Open access
- green
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