Exciting News to share!
We are proud of our PhD student Jannis von Nitzsch who won the Kauffman Best Paper Award in Entrepreneurial Cognition for his PhD student-led paper at the Annual Meeting of the Academy of Management.
In this paper (co-authored with Prof. Miriam Bird and Prof. Vangelis Souitaris), they investigate how team design features such—friendship ties and structural power inequality within the team—are related to new venture teams’ escalation of commitment.
Escalation of commitment which denotes individuals committing to a failing course of action after receiving negative feedback is a common phenomenon among entrepreneurs. With the paper they aim to show how entrepreneurs can design their ventures as to avoid such a bias.
What a nice recognition of our work! Congratulations!
