Abstract
This article identifies four mechanisms (talking continuously; showing commitment to a community; strengthening operational focus; and accepting difficult decisions) in Venture Capitalist (VC) – Owner Manager (OM) relationships that serve to manage tensions and thus avert detrimental situations, namely conflicts. The results enrich the literature on VC-OM conflict by mobilizing a tension intensity variable and by providing evidence on how tense critical events can be managed. We offer recommendations and insight into managing tension intensity, which can help VCs and OMs derive the potential benefits of opposing viewpoints while avoiding major disruptions in their relationships.
Original language | English |
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Pages (from-to) | 189-215 |
Number of pages | 26 |
Journal | Journal of Small Business Management |
Volume | 54 |
Issue number | S1 |
DOIs | |
Publication status | Published - 27 Oct 2016 |