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dc.contributor.authorFerguson, Amanda J.en_US
dc.contributor.authorCohen. Lisa E.en_US
dc.contributor.authorBurton, M. Dianeen_US
dc.contributor.authorBeckman, Christine M.en_US
dc.date.accessioned2016-10-31T17:28:37Z
dc.date.available2016-10-31T17:28:37Z
dc.date.issued2016-08
dc.identifier.citationFerguson, A. J., Cohen, L. E., Burton, M. D., & Beckman, C. M. (2016). Misfit and milestones: Structural elaboration and capability reinforcement in the evolution of entrepreneurial top management teams. Academy of Management Journal, 54, 1430-1450en_US
dc.identifier.issn0001-4273
dc.identifier.other10.5465/amj.2014.0526
dc.identifier.urihttp://commons.lib.niu.edu/handle/10843/16864
dc.description.abstractWe examine how "top management team (TMT) misfit," or discrepancies between the TMT's functional roles and the qualifications of the managers who fill those roles, affects the evolution of TMT composition and structure in a longitudinal study of entrepreneurial ventures. We distinguish two types of misfit--overqualification and underqualification-- and study how each is associated with TMT changes. We further consider the moderating effect of firm development. Results reveal that underqualified TMTs hire new managers to reinforce existing capabilities whereas overqualified TMTs elaborate their role structures. However, achieving developmental milestones (i.e., obtaining venture capital funding and staging an initial public offering) is a critical contingency to TMT change: absent these milestones, firms neither hire new managers nor add roles, even when they seemingly need to do so. These findings contribute to knowledge of how TMTs and new ventures evolve by underscoring the importance of simultaneously attending to TMT composition and structure.en_US
dc.language.isoen_USen_US
dc.publisherAcademy of Managementen_US
dc.subjectsenior leadership teamsen_US
dc.subjectnew business enterprises - managementen_US
dc.subjectjob qualificationsen_US
dc.subjectorganizational structureen_US
dc.subjectorganizational changeen_US
dc.titleMisfit and milestones: structural elaboration and capability reinforcement in the evolution of entrepreneurial top management teamsen_US
dc.type.genreArticleen_US
dc.typeTexten_US
dc.contributor.departmentDepartment of Managementen_US


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