Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

PL EN


2021 | 55 | 2 | 85-93

Article title

Start-Up Founders’ Competence Potential

Authors

Content

Title variants

Languages of publication

Abstracts

PL
In order to respond to all the fast changes that are happening, it is necessary to act quickly and to be adaptable, both from the point of view of organizations and individuals, having necessary knowledge and skill and continually developing human potentials. The year 2020 with the COVID-19 pandemic has shown how those changes can happen overnight and create a need for the companies’ transformation. That is the new clear reason for the big interest in researching start-ups. Start-ups are innovative and fast-developing companies, bringing new solutions and new products, and working under extreme uncertainty, therefore, they require specific skills, knowledge, and other competencies of their founders. Competencies, on the other side, are predispositions, knowledge and skills needed to respond and adapt to changes. The aim of the paper is to propose a theoretical model of relationships between start-up founders’ competence potential and outcomes of their ventures. The theoretical model is based on the Upper Echelons Theory presented by Hambrick and Mason (1984) and the scale measuring competence potential of employees in innovative enterprises proposed by Rakowska and Sitko-Lutek (2015). Competence potential of start-up founders is still not researched in depth, so the proposed theoretical method could be used as the practical research methodology.
EN
In order to respond to all the fast changes that are happening, it is necessary to act quickly and to be adaptable, both from the point of view of organizations and individuals, having necessary knowledge and skill and continually developing human potentials. The year 2020 with the COVID-19 pandemic has shown how those changes can happen overnight and create a need for the companies’ transformation. That is the new clear reason for the big interest in researching start-ups. Start ups are innovative and fast-developing companies, bringing new solutions and new products, and working under extreme uncertainty, therefore, they require specific skills, knowledge, and other competencies of their founders. Competencies, on the other side, are predispositions, knowledge and skills needed to respond and adapt to changes. The aim of the paper is to propose a theoretical model of relationships between start-up founders’ competence potential and outcomes of their ventures. The theoretical model is based on the Upper Echelons Theory presented by Hambrick and Mason (1984) and the scale measuring competence potential of employees in innovative enterprises proposed by Rakowska and Sitko-Lutek (2015). Competence potential of start-up founders is still not researched in depth, so the proposed theoretical method could be used as the practical research methodology.

Year

Volume

55

Issue

2

Pages

85-93

Physical description

Dates

published
2021

Contributors

author
  • Nicolaus Copernicus University in Toruń, Poland

References

  • Allinson, C., & Hayes, J. (2012). The Cognitive Style Index: Technical Manual and User Guide. London: Pearson Education.
  • Audretsch, D.B., & Thurik, A.R. (2001). What Is New about the New Economy: Sources of Growth in the Managed and Entrepreneurial Economies. Industrial and Corporate Change, 19, 795–821.
  • Azoulay, P., Jones, B., Kim, J.D., & Miranda, J. (2020). Age and High-Growth Entrepreneurship. American Economic Review: Insights, 2(1), 65–82. https://doi.org/10.1257/aeri.20180582
  • Beauchamp, M., Krysztofiak-Szopa J., Skala A. (2018). Polskie startupy, Raport. Warszawa: Fundacja Startup Poland. Retrieved from https://startup.pfr.pl/media/fier_public/0f/c9/0fc9c629-3825-4208-86bc-aa1e982784fa/raport_startup_poland_2018.pdf
  • Blais, A.-R., & Weber, E.U. (2006). A Domain-Specifi Risk-Taking (DOSPERT) Scale for Adult Populations. Judgment and Decision Making, 1(1), 33–47.
  • Bursiak, L. (2013). Diagnoza I. pozycjonowanie sytuacji finansowej firm start-up oraz spółek z rynku NewConnect w roku 2011. Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse. Rynki finansowe. Ubezpieczenia, 59, 49-58.
  • Carpenter, M.A., Geletkanycz, M.A., & Sanders, W.G. (2004). Upper echelons research revisited: Antecedents, elements, and consequences of top management team composition. Journal of Management, 30(6), 749–778. https://doi.org/10.1016/j.jm.2004.06.001
  • Chatterji, A.K., Levine, D.I., & Toffel, M.W. (2009). How Well Do Social Ratings Actually Measure Corporate Social Responsibility? Journal of Economics & Management Strategy, 18(1), 125–169. https://doi.org/10.1111/j.1530-9134.2009.00210.x
  • Debrulle, J., Maes, J., & Sels, L. (2014). Start-up absorptive capacity: Does the owner’s human and social capital matter?. International Small Business Journal: Researching Entrepreneurship, 32(7), 777–801. https://doi.org/10.1177/0266242612475103
  • Eesley, C., & Roberts, E. (2012). Entrepreneurial Impact: The Role of MIT. Foundations and Trends in Entrepreneurship, 7(1–2). https://dx.doi.org/10.2139/ssrn.1352633
  • Eisenmann, T.R. (2020). Determinants of Early-Stage Startup Performance: Survey Results. Harvard Business School Entrepreneurial Management Working Paper 21-057. http://dx.doi.org/10.2139/ssrn.3725023
  • European Startup Monitor. (2019/2020). Retrieved from http://www.europeanstartupmonitor2019.eu/EuropeanStartupMonitor2019_2020_21_02_2020-1.pdf
  • Feld, B., & Hathaway, I. (2020). The startup community way: evolving an entrepreneurial ecosystem. Hoboken: John Wiley & Sons, Inc.
  • Filipowicz, G. (2004). Zarządzanie kompetencjami zawodowymi. Warszawa: PWE.
  • Gemzik-Salwach A. (2014), Wykorzystanie metody Dave’a Berkusa do analizy potencjału rozwojowego firm start--up w Polsce. Acta Universitatis Lodziensis. Folia Oeconomica, 300(2), 111–122.
  • Glińska-Neweś, A. (2007), Kulturowe uwarunkowania zarządzania wiedzą w przedsiębiorstwie. Toruń: Towarzystwo Naukowe Organizacji i Kierownictwa.
  • Gompers, P., Kovner, A., Lerner, J., & Scharfstein, D. (2010). Performance persistence in entrepreneurship. Journal of Financial Economics, 96(1), 18–32. https://doi.org/10.1016/j.jfieco.2009.11.001
  • Hambrick, D.C., & Lovelace, J.B. (2018). The Role of Executive Symbolism in Advancing New Strategic Themes in Organizations: A Social Inflence Perspective. The Academy of Management Review, 43(1), 110–131. https://doi.org/10.5465/amr.2015.0190
  • Hambrick, D.C., & Mason, P.A. (1984). Upper echelons: The organization as a reflection of its top managers. The Academy of Management Review, 9(2), 193–206. https://doi.org/10.5465/amr.1984.4277628
  • Harris, T. (2006). Start-up: a practical guide to starting and. Running a new business. Berlin - Heildelberg: Springer.
  • Kołodko, G.W. (2002). Rozwój polskiej gospodarki. Perspektywy i uwarunkowania. Warszawa: Wydawnictwo Wyższej Szkoły Przedsiębiorczości i Zarządzania im. Leona Koźmińskiego.
  • Kupczyk, T. (2014). Competencies of Management Staff in the Knowledge-Based Economy. Wrocław: Wyższa Szkoła Handlowa.
  • Laszuk, A. (2016). Przedsięwzięcia typu start-up. In A. Kałowski & J. Wysocki (red.), Start-up a uwarunkowania sukcesu: wymiar teoretyczno-praktyczny (pp. 9-29). Warszawa: Oficyna Wydawnicza SGH.
  • OECD (1996). The knowledge based economy. Retrieved from https://www.oecd.org/offiialdocuments/publicdisplaydocumentpdf/?cote=OCDE/GD%2896%29102&docLanguage=En
  • OECD. (2020). Start-Ups in the Time of COVID-19: Facing the Challenges, Seizing the Opportunities. Retrieved from https://www.oecd.org/coronavirus/policy-responses/start-ups-in-the-time-of-covid-19-facing-the-challenges-seizing-the-opportunities-87219267/
  • PARP. (2019). Startupy w Polsce. Raport 2019. Retrieved from https://www.parp.gov.pl/storage/publications/pdf/Startupy-w-Polsce---raport-2019_200117.pdf
  • Peterson, R.S., Smith, D.B., Martorana, P.V., & Owens, P.D. (2003). The impact of chief executive officer personality on top management team dynamics: One mechanism by which leadership affects organizational performance. Journal of Applied Psychology, 88(5), 795–808. https://doi.org/10.1037/0021-9010.88.5.795
  • Rakowska, A., & Sitko-Lutek, A. (2015). Employees’ competence potential from the perspective of HR diversity management: results of pilot study paper, EURAM 2016 Conference, Warsaw, Poland.
  • Rakowska, A., & Sitko-Lutek, A. (2016). Kluczowe kompetencje pracowników przyszłości w opinii ekspertów międzynarodowych - wyniki badań. Prace naukowe Uniwersytetu Ekonomicznego we Wrocławiu, 429, 173-185.
  • Rakowska, A. (2007). Kompetencje menedżerskie kadry kierowniczej we współczesnych organizacjach. Lublin: Wydawnictwo UMCS.
  • Rakowska, A. (2016). Potencjał kompetencyjny kadry kierowniczej innowacyjnych przedsiębiorstw w perspektywie zarządzania różnorodnością zasobów ludzkich. Organizacja i Zarządzanie, 97, 239-252
  • Rakowska, A., Sitko-Lutek, A., Mendryk, I., Jakubiak, M., & Cichorzewska, M. (2018). Diverse competence potential of employees in innovative enterprises: Research results. In A. Rakowska (ed.), Unlocking the potential of employees in the context of organizational diversity (pp. 209-278). Bangkok – Celje – Lublin: ToKnow Press.
  • Ren, S., Tang, G., & Jackson, S.E. (2020). Effects of Green HRM and CEO Ethical Leadership on Organizations’ Environmental Performance. International Journal of Manpower. https://doi.org/10.7282/t3-ytf9-cx57
  • Ries, E. (2010). What is a Start-up?. Startup lessons learned. Retrieved from http://www.startuplessonslearned.com/2010/06/what-is-startup.html
  • Ries, E. (2011). The lean startup: How today's entrepreneurs use continuous innovation to create radically successful businesses. New York: Crown Business.
  • Ries, E. (2017). The Startup Way: How Modern Companies Use Entrepreneurial Management to Transform Culture and Drive Long-term Growth. New York: Currency.
  • Skala, A., Kruczkowska, E., & Olczak, M.A. (2015) Polskie startupy, Raport. Fundacja Startup Poland. Retrieved from https://www.citibank.pl/poland/kronenberg/polish/fies/Startup_Poland_raport_2015.pdf
  • Skala, A. (2017) Spiralna definicja startupu. Przegląd Organizacji, 9(932), 33-39. https://doi.org/10.33141/po.2017.09.05
  • Sorensen J., & Chang P. (2006). Determinants of Successful Entrepreneurship: A Review of the Recent Literature. SSRN Electronic Journal. http://dx.doi.org/10.2139/ssrn.1244663
  • Stam, E., & Garnsey, E.W. (2007). Entrepreneurship in the Knowledge Economy. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.1923098
  • Staniewski, M., & Awruk, K. (2016). Start-up intentions of potential entrepreneurs – the contribution of hope to success. Economic Research-ekonomska Istraživanja, 29(1), 233–249. https://doi.org/10.1080/1331677x.2016.1166345

Document Type

Publication order reference

Identifiers

Biblioteka Nauki
2166157

YADDA identifier

bwmeta1.element.ojs-doi-10_17951_h_2021_55_2_85-93
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.