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Entrepreneurial team and performance in Lombard SMEs.An empirical study


  • Marco Talaia


  • Serena Mascherpa

    (Department of Economics, University of Insubria, Italy)


Identifying which factors affect firms’ performance is a critical issue. Within International Entrepreneurship stream of search, most of the extant studies have focused on the individual entrepreneur, with entrepreneurial team (ET) neglected in the literature. Our paper addresses the influence of ET over the behavior and performance of small and medium-sized enterprises (SMEs). We argued that the entrepreneurial team is decisive in SMEs, inasmuch as the lack of resources push them to rely more on their entrepreneurial team. Based on a survey of 301 small and medium-sized enterprises of Lombardy, we demonstrated that entrepreneurial team demographics have a crucial role in the determination of performance

Suggested Citation

  • Marco Talaia & Serena Mascherpa, 2011. "Entrepreneurial team and performance in Lombard SMEs.An empirical study," Economics and Quantitative Methods qf1106, Department of Economics, University of Insubria.
  • Handle: RePEc:ins:quaeco:qf1106

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    References listed on IDEAS

    1. Alfredo Gigliobianco (editor) & Gianni Toniolo (editor), 2009. "Financial market regulation in the wake of financial crises: the historical experience," Workshop and Conferences 1, Bank of Italy, Economic Research and International Relations Area.
    2. Fohlin, Caroline, 1998. "Fiduciariand Firm Liquidity Constraints: The Italian Experience with German-Style Universal Banking," Explorations in Economic History, Elsevier, vol. 35(1), pages 83-107, January.
    3. Caroline Fohlin, 1998. "Relationship Banking, Liquidity, and Investment in the German Industrialization," Journal of Finance, American Finance Association, vol. 53(5), pages 1737-1758, October.
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