Founding team and start-up competitive advantage

Lei Yu Wu, Chun Ju Wang, Chun Yao Tseng, Ming Cheng Wu

Research output: Contribution to journalArticle

25 Citations (Scopus)

Abstract

Purpose: The purpose of this paper is to develop a framework to link founding team and start-up competitive advantage in the context of the Taiwanese technology-based ventures. Design/methodology/approach: The paper analyzes 211 start-ups in the technology-based sector and verifies the relationship between entrepreneur resources, trust, founding team partners' commitments, and start-up competitive advantage. Findings: In technology-based start-ups, the competitive advantage of a start-up is determined by the founding team partners' commitments and the resources that an entrepreneur possesses. Research limitations/implications: The study is retrospective, which relies on technology-based founding team members as the primary research subjects. Some respondents may observe the performance of their start-ups today and then make attributions about the past to explain that performance. Practical implications: Utilization of personal networks is important in the early stage of technology-based start-ups; through networking and using trust, an entrepreneur can gain the critical resources and competitive advantage required in the development of a business. Originality/value: In technology-based start-ups, trust, not the resources that an entrepreneur possesses, is an effective way for entrepreneurs to win founding team partners' commitment.

Original languageEnglish
Pages (from-to)345-358
Number of pages14
JournalManagement Decision
Volume47
Issue number2
DOIs
Publication statusPublished - 2009 Mar 6

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Competitive advantage
Start-up
Entrepreneurs
Start-ups
Resources
Networking
Design methodology
Attribution
Venture
Personal networks

All Science Journal Classification (ASJC) codes

  • Business, Management and Accounting(all)
  • Management Science and Operations Research

Cite this

Wu, Lei Yu ; Wang, Chun Ju ; Tseng, Chun Yao ; Wu, Ming Cheng. / Founding team and start-up competitive advantage. In: Management Decision. 2009 ; Vol. 47, No. 2. pp. 345-358.
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Founding team and start-up competitive advantage. / Wu, Lei Yu; Wang, Chun Ju; Tseng, Chun Yao; Wu, Ming Cheng.

In: Management Decision, Vol. 47, No. 2, 06.03.2009, p. 345-358.

Research output: Contribution to journalArticle

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