Abstract

In order to account for the mixed findings regarding conflict and its effects, conflict researchers have proposed a contingency perspective. In this study, I show that task conflicts between business angels and entrepreneurial teams have a detrimental impact on the portfolio company’s innovativeness. Confirming the contingency perspective, I show that this effect can change depending on the degree of task interdependency, the extent to which conflicts are managed in an integrating manner, the affective disposition of both parties, the level of trust between these parties and their degree of goal alignment.

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