Template-Type: ReDIF-Paper 1.0
Author-Name: Stam, F.C.
Author-Name-Last: Stam
Author-Name-First: Erik
Author-Name: Schutjens, V.
Author-Name-Last: Schutjens
Author-Name-First: Veronique
Title: The Performance Of Team Start-Ups In The First Phases Of The Life Course
Abstract: 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.
Creation-Date: 2004-10-29
File-URL: https://repub.eur.nl/pub/1784/ERS%202004%20097%20ORG.pdf
File-Format: application/pdf
Series: RePEc:ems:eureri
Number: ERS-2004-097-ORG
Classification-JEL: M, M13, O32
Keywords: Entrepreneurial teams, firm growth, life course analysis, start-ups
Handle: RePEc:ems:eureri:1784