Dealing with divorce: moving on from co-founder exits in entrepreneurial teams - prof. dr. Nicola Breugst

29-01-2018 from 12:30 to 14:00
Faculty Council Room, Tweekerkenstraat 2, 9000 Gent
Prof. dr. Mirjam Knockaert
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Abstract: Co-founder exits are common, yet their impact on the development of new ventures remains poorly understood. Relying on a qualitative inductive research approach and drawing on 10 co-founder exit processes, we build a dynamic model of co-founder exits in entrepreneurial teams. We find that co-founder exit processes differ in their nature (hostile vs. friendly) and identify team processes that precede co-founder exits. At the level of the exiting co-founders, we explore how their perceived opportunity ownership and emotional bond to the venture impact the hostility of the exit process. Our data indicate that in the short run, hostile co-founder exit processes obstruct the development of new ventures. Taking a long-term perspective, we also identify potential recovery activities that—if initiated by the remaining team members—help new ventures cope with co-founder exits and are beneficial to venture survival. We discuss this study’s implications for entrepreneurial and top management team research and for the literature on entrepreneurial exit.

The seminar will be held on Monday 29th of January at 12:30 in the Faculty Council Room, Tweekerkenstraat 2, 9000 Gent. As food is not allowed in this room, attendees are requested to have their lunch before or after the seminar. We will be happy to provide some fruits and drinks after the seminar. Registration for this seminar is not required.  

More information on our speaker:

Nicola Breugst holds the Professorship of Entrepreneurial Behavior at Technical University of Munich since March 2012 (tenured in 2017). She has a PhD in entrepreneurship from Friedrich-Schiller-Universität, Jena and her dissertation won the prestigious NFIB dissertation award from the Entrepreneurship Division of the Academy of Management. Nicola worked at the University of Duisburg-Essen, the Max Planck Institute of Economics in Jena, the Kelley School of Business at Indiana University, and the National University of Singapore. Nicola’s research focuses on the people side of entrepreneurship. More specifically, she addresses questions of entrepreneurial affect, entrepreneurial motivation, and the collaboration in startup teams. Her papers have been published in internationally leading entrepreneurship journals. Her fascination for the people side of entrepreneurship also inspires her teaching which aims at developing her students’ entrepreneurial and analytical thinking.