Sarah Maria Nordt
Now showing 1 - 4 of 4
PublicationMissionaries outperform in venture funding( 2022)While prior research has evidenced the impact of founder social identities on new venture creation, our understanding of how founder identity affects funding performance as a critical determinant for venture success is limited. Given that different identities define various motivational concepts—that is, missionaries increasing benefits for society at large, as opposedto darwinians maximizing economic self-interest and communitarians supporting a particular community—we propose a model for how such founder identity differences relate to ambiguous funding outcomes. Our findings reveal that the missionary founder social identity has a significantly positive impact on funding performance. We discuss our contributions to founder social identity theory and its intersection with behavioral finance.Type: journal articleJournal: International Journal of EntrepreneurshipVolume: 26Issue: 5
PublicationUNICORN Nation Switzerland – Wirtschaftliche Analyse des Schweizer Wirtschaftssystems und juristische Analyse der regulatorischen Rahmenbedingungen für identifizierte HandlungsfelderType: book
PublicationIs it a match? - The role of social identities in business angel decision making and the investor-founder relationship( 2023-09)
; ;Manuel Hess ;Dietmar GrichnikJoakim WincentIn an inductive study, we examine the identities of business angels to understand their commitment to financially risky relationships, characterized by negative internal rate of returns. Our research identifies four hybrid identities, each exhibiting a gradual expression of profit-seeking motives. We continue to investigate how these hybrid identities align with the social identities of entrepreneurs. Through our analyses, we uncover the importance of these identity matches in explaining investor persistence or disengagement within entering and ongoing investment relationships. To consolidate our findings, we propose an "identity click" model that illustrates the occurrence and dynamic nature of interactions between resource providers and resource seekers in the field of entrepreneurship. This model highlights the crucial role played by different combinations of hybrid identities instead of singular identities.Type: conference contribution
PublicationStart-up-Nation Schweiz: Wie lange noch bei Food- und Medtech?