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Erschienen in: International Entrepreneurship and Management Journal 2/2016

01.06.2016

The conflict potential of the entrepreneur’s decision-making style in the entrepreneur-investor relationship

verfasst von: Daniel Appelhoff, René Mauer, Veroniek Collewaert, Malte Brettel

Erschienen in: International Entrepreneurship and Management Journal | Ausgabe 2/2016

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Abstract

While prior research has indicated the importance of conflicts between investors and entrepreneurs, little is known about their causes. We use theory on entrepreneurial decision-making to examine the impact of a founding team’s causal versus effectual decision style on the level of perceived task conflict that founders experience with their venture capitalists. Based on a sample of 141 German ventures, we find that a founding team perceives fewer conflicts when following the causal principle of overcoming the unexpected and the effectual principle of affordable loss.

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Fußnoten
1
The VCF was not required to continue to hold equity in the venture. Robustness checks revealed stable results after exclusion of nine non-active investments.
 
2
As a robustness check, we reran the analyses excluding openness of relations. Results remained robust.
 
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Metadaten
Titel
The conflict potential of the entrepreneur’s decision-making style in the entrepreneur-investor relationship
verfasst von
Daniel Appelhoff
René Mauer
Veroniek Collewaert
Malte Brettel
Publikationsdatum
01.06.2016
Verlag
Springer US
Erschienen in
International Entrepreneurship and Management Journal / Ausgabe 2/2016
Print ISSN: 1554-7191
Elektronische ISSN: 1555-1938
DOI
https://doi.org/10.1007/s11365-015-0357-4

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