The link between new venture survival and the presence of founding teams is investigated, in particular the effect of the gender composition of teams. Furthermore, we study venture survival, gender, and institutional change. A unique longitudinal database is employed, covering a large number of Swedish ventures established during 6 specific years, . These data capture the initial gender diversity of start-ups. The contextualization of entrepreneurship involves situational and temporal boundaries, and we elaborate on contextual factors at different levels of analysis. Our results show that ventures founded by teams have a higher probability of surviving, but show no overall team gender homogeneity/heterogeneity effect. However, we find some support for the fact that ventures founded by all-female teams have lower survival chances. Nevertheless, the clearest negative effect is found for female solo start-ups. Furthermore, our results support the fact that institutional transformation may gradually have increased the likelihood of ventures founded by females to survive.

Despite the urgency of decarbonising, the shipping sector has demonstrated a slow-paced response to climate change challenges. Some frontrunner firms are engaged in sustainability-oriented innovation processes. However, there is limited knowledge of how such processes emerge and contribute to societal sustainability transitions and what the role of technology is in companies' (re)orientation towards sustainable business models. This study contributes to filling these gaps through a comparative case study of the ongoing innovation process within an incumbent and a newcomer firm developing wind-powered energy solutions for deep-sea transportation. The study's findings bear implications for theory and practice. This paper's combination of a dynamic capabilities approach and a multi-level perspective from sustainability transitions research is a conceptual novelty, enabling an understanding of the activities involved in the (re)orientation process towards sustainable business from a company's perspective, as well as broader societal and sustainability needs.