Seminar #29 – November 10, 2021

UNDERSTANDING FAMILY TIES
IN NEW VENTURE TEAMS AND NEW VENTURE GROWTH

Xueru Yang
Frederik Riar (presenter)
Franz W. Kellermanns
Max Leitterstorf

date: November 10, 2021

time: 12:00-13:00 (CET)

location: Zoom (private event)

ABSTRACT – Family ties can have important implications for entrepreneurial outcomes. We focus on two different types of family ties in new venture teams (NVTs): close family ties and quasi family ties. Specifically, we integrate the family embeddedness perspective with research on socioemotional wealth (SEW) to study the impact of these ties on new venture growth. Our empirical results suggest that while close family ties in NVTs have a negative effect on new venture growth, quasi family ties have a positive effect. Both effects are moderated by ownership control by the core founder.

PRESENTER – Department of Management and Entrepreneurship – University of Bern

HOST – EDHEC Family Business Research Centre – EDHEC Business School

DISCUSSANT – Dutch Centre of Expertise in Family Business – Windesheim University of Applied Sciences