Team size, diversity and performance of new ventures and SMEs : a meta-analysis.Research Paper 64
Published: 15 February 2018
This paper describes what we know about the effect of top managerial teams (TMT) size and diversity on the performance of new ventures and SMEs. It does so by summarising the results of a thorough literature search of quantitative studies published on this topic between 1990 and 2016 and of a meta-analysis on the relationships reported in these studies.
1990 and 2016 and of a meta-analysis on the relationships reported in these studies.
The search revealed 47 studies and 266 measured relationships between TMT size or diversity and firm performance. These studies employed different samples, econometric techniques, geographical and industry sector focus. Almost 77% of the studies in our sample focus on new ventures, 60% on high-tech firms and 36% on SMEs.
While the meta-analysis reveals many significant and positive effects of team size and diversity, the range of effects varies quite widely depending on context, generating a range of effect sizes from small to large. This inconsistency in results suggests that more replicative studies are required to add to the body of knowledge on team effects on performance.
Productivity and performance
The Department for the Economy (DfE) commissioned Queen’s Management School (QMS) to undertake a pilot research project to measure productivity levels in the Northern Ireland Information and Communication Technology (ICT) sector. The aim of the project was to assess the viability of utilising micro-business data to measure and track productivity in priority sectors. As a priority sector for the Department for the Economy, this pilot study seeks to use the Northern Ireland Annual Business Inquiry (ABI) to investigate productivity in the ICT sector, analysing levels by type and size of firm. The aim is to delve beneath the aggregate level to understand the distribution of productivity across the sector and identify whether productivity levels are correlated with other business activities. The research will help to provide a deeper understanding of productivity drivers in this specific sector and identify areas for potential intervention.
Published: 14 July 2020
Exporting, ambition, finance and SME performance: Exploratory analysis of the Longitudinal Small Business Survey 2015 and 2016
In this report we outline three exploratory analyses of the Longitudinal Small Business Survey (LSBS) for 2015 and 2016, with a focus on the drivers of business performance. The three analyses focus on: the impact of exporting; ambition; and the availability of external finance. In each case the aim is to exploit the longitudinal aspect of the LSBS, relating firms’ performance in 2016 to firms’ strategy, choices and activities in 2015.
Published: 11 July 2017
Enterprise Research Centre
Warwick Business School
University of Warwick
Coventry CV4 7AL
Enterprise Research Centre
Aston Business School
Birmingham B4 7ET
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