Abstract

ABSTRACT Organizations with homogeneous founding teams have strong motivation to reach out to diverse network resources by occupying a structural hole position to overcome the lack of heterogeneity within their teams. However, whether those organizations can occupy such a network position is contingent on environmental and organizational factors. We find that a firm’s founding team homogeneity is positively related to the occupancy of a structural hole position. However, this relationship is weakened when this firm operates in a community with strong localism or when the firm's founding team has a higher proportion of immigrant members, whereas the relationship is strengthened by local partnership experience of the firm.

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