Journal
JOURNAL OF BUSINESS VENTURING
Volume 21, Issue 2, Pages 243-263Publisher
ELSEVIER
DOI: 10.1016/j.jbusvent.2005.04.006
Keywords
environmental uncertainty; high growth; organizational behavior
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This article outlines a model of when, why, and how the influence of entrepreneur leadership behavior on new venture performance is likely to be moderated by the level of environmental dynamism. The model is tested using a sample of 66 new ventures. The results indicate that environmental dynamism has a significant positive moderating effect on the relationship between transformational leadership and new venture performance, and a significant negative moderating effect on the relationship between transactional leadership and new venture performance. Implications for theory and practice are discussed. (c) 2005 Elsevier Inc. All rights reserved.
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