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From classmates to co-founders: unpacking the entrepreneurial team formation for Nascent entrepreneurial ventures

From classmates to co-founders: unpacking the entrepreneurial team formation for Nascent entrepreneurial ventures

Wang, Mingchu ORCID logoORCID: https://orcid.org/0000-0002-1406-7228 (2024) From classmates to co-founders: unpacking the entrepreneurial team formation for Nascent entrepreneurial ventures. In: CREE2024 Building Together for Tomorrow: The world as a source of inspiration to rethink entrepreneurship education, 15th - 17th Apr 2024, Jean Monnet University, Roanne, France. (In Press)

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Abstract

This study investigates the formation of entrepreneurial teams for nascent ventures, specifically examining the identity transition of fresh university graduates from classmates to co-founders in the entrepreneurial setting. Nascent entrepreneurs who are fresh university graduates often choose to establish their start-ups with their university peers, highlighting the common practice of leveraging shared educational experiences in influencing collaborative decisions and fostering successful start-ups. Employing an inductive qualitative approach via 30 one-on-one semi-structured interviews and four focus groups, this study unpacks the impact of shared academic backgrounds, interpersonal relationships, and skill complementarity on team composition, considering individual motivations, risk perceptions, and prior collaborations. By synthesizing current knowledge in entrepreneurial team formation, nascent entrepreneurship and identity transition, this research set out to propose an up-to-date theoretical framework to unpack this phenomenon by unveiling the identity transition process from being classmates in the university learning environment to become co-founders in the entrepreneurial context. This research contributes to the broader entrepreneurship literature by offering a deeper understanding of how nascent ventures composed by university graduates originate and the significance of interpersonal connections within the entrepreneurial ecosystem. Ultimately, this paper enriches the academic discourse on nascent entrepreneurial team formation, entrepreneurial collaboration, and identity transition, offering practical insights for fostering successful ventures through strategic team composition for both start-up practitioners and educators in entrepreneurship degree and mentorship programs.

Item Type: Conference or Conference Paper (Paper)
Uncontrolled Keywords: Nascent entrepreneurship; entrepreneurial team formation; identity transition; entrepreneurship education
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce
L Education > L Education (General)
Faculty / School / Research Centre / Research Group: Greenwich Business School
Greenwich Business School > Networks and Urban Systems Centre (NUSC)
Last Modified: 27 Sep 2024 11:05
URI: http://gala.gre.ac.uk/id/eprint/46865

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