Abstract
After presenting theoretical concepts which depict the relationship between competence of the TMT and the development of NTBFs, this chapter serves to highlight empirical evidence concerning this relationship. Different researchers have conducted empirical research in order to identify factors which explain the development of young firms. In this chapter, central studies are presented that relate to the competencies of the executive level in young firms.333 The studies are grouped according to the competence dimensions which were presented earlier.334
In order to obtain an understanding of the present state of empirical research concerning the impact of different competencies on the development of new firms databases have been investigated for terms related to the different competence domains like ‘innovation’, ‘marketing’ etc. in combination with terms like ‘competence’, ‘competency’, ‘ability’ and terms relating to the entrepreneurial context like ‘venture’ or start-up both in the English-speaking and German speaking literature. Additionally, references in prominent entrepreneurial works or other empirical studies were followed. In a second step the findings have been revised to extract those, which present results based on quantitative and qualitative empirical findings. Qualitative studies were only included in those areas that provided limited quantitative evidence.
Refer to chapter 3.2.
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References
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(2007). Empirical evidence about competence and the development of new firms. In: Competence of Top Management Teams and Success of New Technology-Based Firms. Gabler. https://doi.org/10.1007/978-3-8350-5503-2_4
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DOI: https://doi.org/10.1007/978-3-8350-5503-2_4
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