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Tackling the ‘Galácticos’ Effect: Team Familiarity and the Performance of Star-Studded Projects

49 Pages Posted: 8 Dec 2012

See all articles by Gino Cattani

Gino Cattani

New York University (NYU) - Leonard N. Stern School of Business; New York University (NYU) - Department of Management and Organizational Behavior

Simone Ferriani

University of Bologna - Department of Management

Marcello M. Mariani

University of Bologna - School of Economics, Management, and Statistics

Stefano Mengoli

University of Bologna - Department of Management

Date Written: December 7, 2012

Abstract

Findings on the performance implications of assembling star-studded teams have remained rather mixed. We elaborate on the theoretical reasons for current inconclusive findings and delineate more precise boundary conditions for studying the relationship between stars and project level performance. Specifically, we argue that lack of scholarly attention to team familiarity may account for empirical results’ observed inconsistency. Our findings show that a history of past collaboration reduces the downsides of having too many stars within the same team. Previous interactions enhance coordination efforts by reducing conflicts among team members. We situate the analysis within the context of the Hollywood film industry over the period 1992-2004. The theoretical implications of the results are discussed.

Keywords: project performance, familiarity, stars, Hollywood Film Industry

Suggested Citation

Cattani, Gino and Ferriani, Simone and Mariani, Marcello M. and Mengoli, Stefano, Tackling the ‘Galácticos’ Effect: Team Familiarity and the Performance of Star-Studded Projects (December 7, 2012). Available at SSRN: https://ssrn.com/abstract=2186452 or http://dx.doi.org/10.2139/ssrn.2186452

Gino Cattani (Contact Author)

New York University (NYU) - Leonard N. Stern School of Business ( email )

44 West 4th Street
Suite 9-160
New York, NY NY 10012
United States

New York University (NYU) - Department of Management and Organizational Behavior ( email )

44 West 4th Street
New York, NY 10012
United States

Simone Ferriani

University of Bologna - Department of Management ( email )

Piazza Scaravilli 1
40126 Bologna, fc 47100
Italy

HOME PAGE: http://www2.sa.unibo.it/docenti/simone.ferriani/

Marcello M. Mariani

University of Bologna - School of Economics, Management, and Statistics ( email )

Via Capo di Lucca 34
40126 Bologna, Bologna 40100
Italy

Stefano Mengoli

University of Bologna - Department of Management ( email )

Via Capo di Lucca, 24
http://stefanomengoli.weebly.com/
Bologna, Bologna 40132
Italy

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