Resource Allocation in Startup Teams: Exploring Entrepreneurial Coping with Radical Uncertainty during the Corona Pandemic
Research output: Contributions to collected editions/works › Article in conference proceedings › Research › peer-review
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Frontiers of entrepreneurship research 2021: proceedings. ed. / Andrew Zacharakis. MDPI AG, 2022. p. 331-334 (Frontiers of Entrepreneurship Research).
Research output: Contributions to collected editions/works › Article in conference proceedings › Research › peer-review
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TY - CHAP
T1 - Resource Allocation in Startup Teams: Exploring Entrepreneurial Coping with Radical Uncertainty during the Corona Pandemic
AU - Yahyaoui, Yasmine
AU - Farny, Steffen
AU - Jakob, Eva
AU - Steinmetz, Holger
PY - 2022/6/14
Y1 - 2022/6/14
N2 - The COVID-19 pandemic has induced radical uncertainty into the business environment, threatening entrepreneurs' performance and well-being. Drawing on Conservation of Resources (COR) theory, we examine how startup teams allocate resources to cope with this pandemic. In a convergent parallel mixed method design, we analyze 12 waves of survey data and four waves of interviews collected in 35 startup teams in Germany. Findings from an analysis of temporal development of predictors (quantitative results) and entrepreneurs' views (qualitative analysis) explain the effectiveness of resource allocation mechanisms to reduce business impairment and compassion fatigue. Taken together we develop the concept of entrepreneurial coping to extend COR theory and the body of work on entrepreneurial teams and uncertainty in entrepreneurship.
AB - The COVID-19 pandemic has induced radical uncertainty into the business environment, threatening entrepreneurs' performance and well-being. Drawing on Conservation of Resources (COR) theory, we examine how startup teams allocate resources to cope with this pandemic. In a convergent parallel mixed method design, we analyze 12 waves of survey data and four waves of interviews collected in 35 startup teams in Germany. Findings from an analysis of temporal development of predictors (quantitative results) and entrepreneurs' views (qualitative analysis) explain the effectiveness of resource allocation mechanisms to reduce business impairment and compassion fatigue. Taken together we develop the concept of entrepreneurial coping to extend COR theory and the body of work on entrepreneurial teams and uncertainty in entrepreneurship.
KW - Entrepreneurship
KW - Management studies
UR - https://eref.uni-bayreuth.de/id/eprint/72193/
M3 - Article in conference proceedings
SN - 978-0910897471
SN - 0910897476
T3 - Frontiers of Entrepreneurship Research
SP - 331
EP - 334
BT - Frontiers of entrepreneurship research 2021
A2 - Zacharakis, Andrew
PB - MDPI AG
T2 - 41 Annual Babson College Entrepreneuship Research Conference - BCERC 2021
Y2 - 8 June 2021 through 11 June 2021
ER -