December 1, 2017 10:00-11:30 a.m., BN-3010
Entrepreneurial passion diversity and new venture performance
Empirical evidence is mounting that passion is an important part of the entrepreneurial process, contributing to behavior and outcomes for entrepreneurs, employees, and firms. We build on this evidence, along with recent theoretical developments, to examine how both the level of entrepreneurial passion and the diversity of passion within new venture teams contributes to firm performance. We test our model with multi-source, multi-wave data collected from 83 early stage new venture teams participating in an accelerator program. Our findings advance understanding of how entrepreneurial passion diversity manifests itself and operates at the team level of analysis, and the mechanisms through which and conditions under which it does so. These findings have important implications for the literatures on passion, new venture teams and group affective diversity.
Melissa Cardon is a Distinguished Professor of Management at Pace University in New York. Her research focuses on career transitions within entrepreneurship including entries (motivation, passion) and exits (failure, learning, recovery, and re-entry). She is especially interested in the emotional, relational, and cognitive processes of entrepreneurs that contribute to optimizing their behavior and performance. Melissa’s work has been published in journals such as Academy of Management Review, Journal of Business Venturing, Entrepreneurship Theory and Practice, Journal of Management Studies, Journal of Management, and the Strategic Entrepreneurship Journal. She is a Field Editor for the Journal of Business Venturing, and on the Editorial Boards of Entrepreneurship Theory and Practice, Journal of Management Studies and Human Resource Management Review.