New research published in Strategic Entrepreneurship Journal shows that modifying the composition of a new venture's team significantly affects the venture's ability to be innovative, which is key to allowing new organizations to establish a market presence and compete against established firms. The study shows that the very act of membership change appears to increase the likelihood of innovation, even after accounting for the types of experience gained and lost in such transitions. Moreover, while the findings suggest that the departure of an experienced founding team member can be detrimental, the potential creative recombination that comes with turnover has a net positive effect.

https://www.miragenews.com/founder-exit-can-benefit-new-ventures-study-1059657/

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