Online from: 1993
Subject Area: Organization Studies
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|Title:||Founding team and start-up competitive advantage|
|Author(s):||Lei-Yu Wu, (National Chengchi University, Taipei, Taiwan, Republic of China), Chun-Ju Wang, (Ming Chuan University, Taipei, Taiwan, Republic of China), Chun-Yao Tseng, (Tunghai University, Taichung, Taiwan, Republic of China), Ming-Cheng Wu, (National Changhua University of Education, Changhua, Taiwan, Republic of China)|
|Citation:||Lei-Yu Wu, Chun-Ju Wang, Chun-Yao Tseng, Ming-Cheng Wu, (2008) "Founding team and start-up competitive advantage", International Journal of Organizational Analysis, Vol. 16 Iss: 1/2, pp.138 - 151|
|Keywords:||Business formation, Competitive advantage, Taiwan|
|Article type:||Research paper|
|DOI:||10.1108/19348830810915532 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
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 of 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 an entrepreneur has.
Research limitations/implications – This 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 – Utilizations of personal networks are 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 an entrepreneur has, is an effective way by which entrepreneurs can win founding team partners' commitments.
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