Entrepreneurial Teams: An Input-Process-Outcome Framework

Foundations and Trends in Entrepreneurship, 15(2): 56-258 (2019)

203 Pages Posted: 10 Jan 2019 Last revised: 5 Jun 2019

See all articles by Daniela Bolzani

Daniela Bolzani

University of Bologna

Riccardo Fini

University of Bologna - Department of Management; Imperial College London

Simone Napolitano

Università di Bologna - Department of Management

Laura Toschi

University of Bologna - Department of Management

Date Written: January 21, 2019

Abstract

Entrepreneurship research emphasizes the importance of the individual entrepreneur in both venture creation and growth. However, theory and practice suggest that the vast majority of new ventures are now team-based, and teams play a key role in venture success. As the scholarly interest in this topic has substantially grown in the recent years, the literature has flourished in a rather fragmented way. In this paper, we take a holistic view and systematise more than 250 papers on entrepreneurial teams, published over 30 years. We use a process approach (i.e., Input-Process-Outcome), depicting team evolution phases, from inception to maturity, linking them to firm performance. We identify gaps, highlighting opportunities for future research.

Keywords: Entrepreneurship; Entrepreneurial teams; Start-ups; Firm creation; Firm performance; Human capital; Diversity; Entrepreneurial Finance; New ventures; Policy interventions; Exit; Team evolution

JEL Classification: O00; O3; O5; L2; L26

Suggested Citation

Bolzani, Daniela and Fini, Riccardo and Napolitano, Simone and Toschi, Laura, Entrepreneurial Teams: An Input-Process-Outcome Framework (January 21, 2019). Foundations and Trends in Entrepreneurship, 15(2): 56-258 (2019). Available at SSRN: https://ssrn.com/abstract=3308003 or http://dx.doi.org/10.2139/ssrn.3308003

Daniela Bolzani

University of Bologna ( email )

Piazza Scaravilli 2
Bologna, 40100
Italy

Riccardo Fini (Contact Author)

University of Bologna - Department of Management ( email )

Via Terracini 28
Bologna, 40131
Italy

HOME PAGE: http://www.unibo.it/faculty/riccardo.fini

Imperial College London ( email )

South Kensington Campus
London SW7 2AZ, DC
United Kingdom

HOME PAGE: http://www3.imperial.ac.uk/people/r.fini

Simone Napolitano

Università di Bologna - Department of Management ( email )

Via Zamboni, 33
Bologna, 40126
Italy

Laura Toschi

University of Bologna - Department of Management ( email )

Via Capo di Lucca, 34
40126 Bologna
Italy
00390512090214 (Phone)

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