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The Importance of Intellectual Humility in New Venture Teams

Author

Listed:
  • Marieke Funck

    (Paderborn University)

  • Slawa Tomin

    (Paderborn University)

  • Rüdiger Kabst

    (Paderborn University)

Abstract

In the dynamic environment of new venture teams (NVTs), where new information and diverse perspectives necessitate ongoing adaptation, intellectual humility assumes a central role. Intellectual humility is marked by openness to alternative viewpoints, recognition of the fallibility of personal beliefs and opinions, and the capacity to engage in fair and constructive negotiation. We investigate the role of intellectual humility in NVTs’ dynamics in terms of its influence on interpersonal conflict and information elaboration and how influence is distributed on the team. Our findings reveal that intellectual humility has a positive effect on the equal distribution of influence, reduces interpersonal conflict, and enhances information elaboration in NVTs. These findings expand our understanding of NVTs’ dynamics and provide valuable insights into the role of intellectual humility in the field of entrepreneurship.

Suggested Citation

  • Marieke Funck & Slawa Tomin & Rüdiger Kabst, 2023. "The Importance of Intellectual Humility in New Venture Teams," Working Papers Dissertations 116, Paderborn University, Faculty of Business Administration and Economics.
  • Handle: RePEc:pdn:dispap:116
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    File URL: http://groups.uni-paderborn.de/wp-wiwi/RePEc/pdf/dispap/DP116.pdf
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    References listed on IDEAS

    as
    1. Boone, Sarah & Andries, Petra & Clarysse, Bart, 2020. "Does team entrepreneurial passion matter for relationship conflict and team performance? On the importance of fit between passion focus and venture development stage," Journal of Business Venturing, Elsevier, vol. 35(5).
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    More about this item

    Keywords

    Intellectual humility; new venture teams; distribution of influence; interpersonal conflict; information elaboration;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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