Entrepreneur-investor conflict, new venture innovation radicalness and speed, and the moderating role of procedural justice
Journal of Small Business Management, vol. 63, pp. 2825–2859
Abstract
Task conflict is a common occurrence among entrepreneurs and investors, not least due to the interdependent and strategically collaborative nature of their relationship. Still, research has yielded scarce insights into how task conflict modifies specific innovation characteristics. Focusing on two primary dimensions, our study explores how task conflict between entrepreneurs and investors influences the radicalness and speed of innovation in nascent ventures. Additionally, we investigate the moderating role of procedural justice. Analyzing our sample of 113 entrepreneurs reveals that task conflict in the entrepreneur-investor dyad negatively relates to both innovation radicalness and speed. However, we also show that procedural justice can alleviate task conflict’s adverse effect on innovation radicalness. Our findings enrich the theoretical understanding of the conflict–innovation nexus and its variables and offer practical guidance for entrepreneurs and investors regarding the impact of task conflict on innovation characteristics.
Authors 3
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Affiliation as printed
TIME Research Area at RWTH Aachen University
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Affiliation as printed
Innovation and Entrepreneurship Group (WIN) , TIME Research Area at RWTH Aachen University , Germany
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Affiliation as printed
Innovation and Entrepreneurship Group (WIN) , TIME Research Area at RWTH Aachen University , Germany
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