Open AccessPsychological ownership development in new venture teams
Author(s) -
Olga Yttermyr,
Karl Wennberg
Publication year - 2021
Publication title -
international small business journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.075
H-Index - 85
eISSN - 1741-2870
pISSN - 0266-2426
DOI - 10.1177/02662426211023380
Subject(s) - business , interpersonal communication , process (computing) , sketch , social venture capital , new ventures , joint venture , knowledge management , marketing , venture capital , psychology , entrepreneurship , business administration , social psychology , finance , algorithm , computer science , operating system
Psychological ownership (PO) is important for organisational climate and outcomes, yet, little is known about collective forms of PO in emerging entrepreneurial teams. Based on an in-depth study of a new venture team over three years, we sketch a process model of collective PO development. While studies on individual PO in established organisations highlight individual needs in triggering processes of PO development, our study indicates the importance of temporal, role-based, and input-based alignment of interpersonal processes for the emergence of collective PO in new venture teams. We discuss insights for research on new venture teams and research on small groups.