Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1019765 | Journal of Business Venturing | 2006 | 24 Pages |
Abstract
We distinguish novelty from newness and argue that the tasks of new venture top management teams vary with new venture novelty. We argue that as novelty increases, the information processing requirements on the TMT change as well. Because a team's demographic characteristics influence its information processing abilities, venture performance should reflect, at least partially, the fit between the characteristics of the TMT and the level of venture novelty. Evidence from a large sample of ventures supports this view.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Allen C. Amason, Rodney C. Shrader, George H. Tompson,