Please send correspondence to: James J. Chrisman, tel.: 662-325-1991; e-mail: JChrisman@cobilan.msstate.edu, to Leon Schjoedt at firstname.lastname@example.org, to Erik Monsen at email@example.com, to Allison Pearson at firstname.lastname@example.org, and to Tim Barnett at email@example.com.
New Venture and Family Business Teams: Understanding Team Formation, Composition, Behaviors, and Performance
Article first published online: 28 SEP 2012
© 2012 Baylor University
Entrepreneurship Theory and Practice
Special Issue on Entrepreneurial and Family Business Teams
Volume 37, Issue 1, pages 1–15, January 2013
How to Cite
Schjoedt, L., Monsen, E., Pearson, A., Barnett, T. and Chrisman, J. J. (2013), New Venture and Family Business Teams: Understanding Team Formation, Composition, Behaviors, and Performance. Entrepreneurship Theory and Practice, 37: 1–15. doi: 10.1111/j.1540-6520.2012.00549.x
- Issue published online: 10 JAN 2013
- Article first published online: 28 SEP 2012
New ventures are frequently started by entrepreneurial teams rather than lone entrepreneurs. Often, team members have family ties. Yet, there has been relatively little research on new venture and family business teams. The papers in this special issue address this gap by studying team formation and composition, faultlines among team members, generational involvement in teams, the influence of shared organizational experience and functional homogeneity, and the likelihood of couples, biologically related, and unrelated teams achieving first sales. Combined, they suggest that relationships are more important than skill diversity in determining the effectiveness of both family business and new venture teams.