Entrepreneurs’ Cognitive Ability and New Ventures’ Performance

Ali Mohammadi, Kourosh Shafi

Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review

Abstrakt

Why do some newly founded ventures succeed, while others fail? To address this fundamental question in entrepreneurship field, we focus on the role of cognitive ability, and specifically how it influences selecting founding team members. We use a near-exhaustive sample of male Swedish entrepreneurs with available data on their cognitive ability. After controlling for non-cognitive ability of entrepreneurs, our results suggest that one standard deviation increase in cognitive ability of entrepreneurs is associated with about %23 increase in sales. This effect is significantly larger for entrepreneurs in high-tech industries relative to entrepreneurs in low-tech industries. This relationship is further mediated by founding team size and their collective cognitive abilities. Our study highlights dependence of new ventures’ growth on entrepreneurs’ talent to assemble high-quality founding teams."
OriginalsprogEngelsk
TitelProceedings of the Eightieth Annual Meeting of the Academy of Management
RedaktørerGuclu Atinc
Antal sider1
UdgivelsesstedBriarcliff Manor, NY
ForlagAcademy of Management
Publikationsdato2020
DOI
StatusUdgivet - 2020
BegivenhedThe Academy of Management Annual Meeting 2020: Broadening Our Sight - Virtual
Varighed: 7 aug. 202011 aug. 2020
Konferencens nummer: 80
https://aom.org/events/annual-meeting/past-annual-meetings/2020-broadening-our-sight

Konference

KonferenceThe Academy of Management Annual Meeting 2020
Nummer80
LokationVirtual
Periode07/08/202011/08/2020
Internetadresse
NavnAcademy of Management Proceedings
ISSN0065-0668

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