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Letting Go to Grow—Empirical Findings on a Hearsay

Author

Listed:
  • Malte Brettel
  • Andreas Engelen
  • Ludwig Voll

Abstract

Research to date has largely neglected the role of management style in new entrepreneurial ventures. We address this gap by investigating the impact of management style on company performance and how the impact is different contingent on the life cycle stage of new entrepreneurial ventures. By employing the concept of microinvolvement, our study demonstrates that management style significantly impacts company performance and that the merits of a highly involved management style are less in later‐stage new entrepreneurial ventures. This finding provides support for the saying “letting go to grow” and raises important implications for management.

Suggested Citation

  • Malte Brettel & Andreas Engelen & Ludwig Voll, 2010. "Letting Go to Grow—Empirical Findings on a Hearsay," Journal of Small Business Management, Taylor & Francis Journals, vol. 48(4), pages 552-579, October.
    • Handle: RePEc:taf:ujbmxx:v:48:y:2010:i:4:p:552-579
    DOI: 10.1111/j.1540-627X.2010.00308.x
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    Cited by:

    1. Luiz Antonio de Camargo Guerrazzi & Fernando Antonio Ribeiro Serra & Manuel Portugal Ferreira & Vanessa Vasconcelos Scazziota, 2022. "Using Meta-Analytic Structural Equation Modelling to Advance Entrepreneurship Research: A Study on the Liabilities of Newness and Smallness," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 31(3), pages 603-631, November.

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