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A start-up’s first employees: Understanding the supply side of the labor market in entrepreneurial recruitment

Varga, Anita LU and Tipping, Paul LU (2023) ENTN19 20231
Department of Business Administration
Abstract
The liability of newness creates a different landscape for the start-up company that is trying to expand its team by hiring its first employees. Hence, the same hiring strategies that work for established corporations will not yield the optimal results for a start-up. The current literature focuses on understanding the needs of the start-up to devise a recruitment strategy. However, an understanding of the employee who accepts work with a start-up as their first employee, without being a part of the original founding team, is underexplored. This thesis aims to understand the journey of the candidate that joins a start-up as a first hire as well as their profile including motivations and perceptions. Through an inductive approach,... (More)
The liability of newness creates a different landscape for the start-up company that is trying to expand its team by hiring its first employees. Hence, the same hiring strategies that work for established corporations will not yield the optimal results for a start-up. The current literature focuses on understanding the needs of the start-up to devise a recruitment strategy. However, an understanding of the employee who accepts work with a start-up as their first employee, without being a part of the original founding team, is underexplored. This thesis aims to understand the journey of the candidate that joins a start-up as a first hire as well as their profile including motivations and perceptions. Through an inductive approach, semi-structured interviews were conducted with a range of individuals who have accepted work with a start-up company as a first or early hire to understand their path towards working with the start-up as well as their reflections on the experience. Through an analysis of these interviews, distinct themes and dimensions were identified and these findings both challenged and contributed to the assumptions made by previous literature by understanding the needs of the employees. By understanding this landscape, a broader understanding of the optimal recruitment strategy for a start-up can be made. As a result, our thesis suggests future research should investigate (1) motivations, (2) cultural context, and (3) company fit to better understand the supply side of the labor market for start-up companies hiring their first employees. (Less)
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author
Varga, Anita LU and Tipping, Paul LU
supervisor
organization
course
ENTN19 20231
year
type
H1 - Master's Degree (One Year)
subject
keywords
Start-up Recruitment Strategy, Entrepreneurial First Hires, Start-up Employment, Start-up Employee Motivation, Start-up Career Development
language
English
id
9126369
date added to LUP
2023-06-19 10:35:10
date last changed
2023-06-19 10:35:10
@misc{9126369,
  abstract     = {{The liability of newness creates a different landscape for the start-up company that is trying to expand its team by hiring its first employees. Hence, the same hiring strategies that work for established corporations will not yield the optimal results for a start-up. The current literature focuses on understanding the needs of the start-up to devise a recruitment strategy. However, an understanding of the employee who accepts work with a start-up as their first employee, without being a part of the original founding team, is underexplored. This thesis aims to understand the journey of the candidate that joins a start-up as a first hire as well as their profile including motivations and perceptions. Through an inductive approach, semi-structured interviews were conducted with a range of individuals who have accepted work with a start-up company as a first or early hire to understand their path towards working with the start-up as well as their reflections on the experience. Through an analysis of these interviews, distinct themes and dimensions were identified and these findings both challenged and contributed to the assumptions made by previous literature by understanding the needs of the employees. By understanding this landscape, a broader understanding of the optimal recruitment strategy for a start-up can be made. As a result, our thesis suggests future research should investigate (1) motivations, (2) cultural context, and (3) company fit to better understand the supply side of the labor market for start-up companies hiring their first employees.}},
  author       = {{Varga, Anita and Tipping, Paul}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{A start-up’s first employees: Understanding the supply side of the labor market in entrepreneurial recruitment}},
  year         = {{2023}},
}