The primary objective of this study is to investigate the role of entrepreneurial team stability in the formation, consolidation, and evolution of collective entrepreneurial identity within the context of incubation programs. Specifically, the research aims to examine how long-term relationships, complementary skill sets, shared vision and adaptive capabilities contribute to team cohesion and resilience, and how these factors collectively influence the development of a collective entrepreneurial identity.
It examines five entrepreneurial teams that completed the CEU iLab Incubation Program in Budapest, each associated with a distinct startup across diverse sectors and industries. Data collection was predominantly retrospective, focusing on reconstructing and interpreting the past experiences of team members that contributed to their current entrepreneurial trajectories.
Findings underscore the importance of stability, cohesion and adaptability in shaping entrepreneurial team identity. Teams that cultivate long-term relationships, complementary skill sets and a shared vision demonstrate higher trust, psychological safety and mutual understanding, which facilitate collaboration, conflict resolution and effective decision-making. Open communication and adaptability to market changes further reinforce team cohesion and resilience.
The results suggest that stable, skill-diverse teams are better positioned to navigate uncertainties while maintaining a strong, collective entrepreneurial identity. These insights offer practical implications for incubators and policymakers, emphasizing the need to support team continuity alongside venture growth metrics to foster sustainable startup development.
