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Understanding the Life Cycles of Entrepreneurial Teams and Their Ventures: An Agenda for Future Research

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  • Holger Patzelt
  • Rebecca Preller
  • Nicola Breugst

Abstract

While research on entrepreneurial teams has flourished over the past two decades, it has mainly taken a static perspective, neglecting the developments both teams and their ventures undergo over time. To address this issue, we develop a “double life cycle framework†covering entrepreneurial teams’ formation, collaboration, and dissolution phases as well as potential nonlinear sequences of these phases. While this team life cycle is embedded in the venture life cycle, both life cycles can progress independently. We offer research suggestions on entrepreneurial team formation, collaboration, and dissolution in each venture phase, highlighting the role of entrepreneurial teams in advancing their ventures.

Suggested Citation

  • Holger Patzelt & Rebecca Preller & Nicola Breugst, 2021. "Understanding the Life Cycles of Entrepreneurial Teams and Their Ventures: An Agenda for Future Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1119-1153, September.
    • Handle: RePEc:sae:entthe:v:45:y:2021:i:5:p:1119-1153
    DOI: 10.1177/1042258720978386
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    References listed on IDEAS

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    5. Anna Brattström, 2024. "Task Re-allocation in New Venture Teams: A Team Conflict Perspective," Entrepreneurship Theory and Practice, , vol. 48(1), pages 205-245, January.
    6. Van Lancker, Evy & Knockaert, Mirjam & Collewaert, Veroniek & Breugst, Nicola, 2023. "Preparing for scaling: A study on founder role evolution," Journal of Business Venturing, Elsevier, vol. 38(4).

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