Human capital - the stock of knowledge and abilities possessed by employees - is consistently touted as an integral part of firm survival and success in dynamic environments. Managers must regularly decide how to allocate employees among competing tasks and projects to optimize the utilization...

How does the relationship between founding team composition and venture performance depend on the venture’s strategy and business environment? Using data from a novel survey of 2,067 firms, we show that while diverse founding teams tend to exhibit higher performance, this is not universally...