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Entrepreneurial Team Heterogeneity and Decision-Making Quality: The Roles of Opportunity Novelty and Team Reflexivity

In: Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022)

Author

Listed:
  • Rui Xing

    (Dalian University of Technology, School of Economics and Management)

  • Nan Zhou

    (Dalian University of Technology, School of Economics and Management)

  • Chang Liu

    (Threatbook Technology Ltd)

  • Guohong Wang

    (Dalian University of Technology, School of Economics and Management)

Abstract

Based on social identity theory and upper echelons theory, the paper aims to explore the relationship between entrepreneurial team heterogeneity and decision-making quality moderated by opportunity novelty and team reflexivity. Moderated multiple regression models were opted for empirical studies, using data gathered from 71 entrepreneurial teams and 234 individual members in China. Both the social and functional heterogeneity of entrepreneurial teams directly affect the quality of decision-making. Team reflexivity significantly weakens the negative effects of social heterogeneity on decision-making quality, while opportunity novelty moderates in varying manners.

Suggested Citation

  • Rui Xing & Nan Zhou & Chang Liu & Guohong Wang, 2023. "Entrepreneurial Team Heterogeneity and Decision-Making Quality: The Roles of Opportunity Novelty and Team Reflexivity," Advances in Economics, Business and Management Research, in: Hrushikesh Mallick & Gaikar Vilas B. & Ong Tze San (ed.), Proceedings of the 2022 4th International Conference on Economic Management and Cultural Industry (ICEMCI 2022), pages 2071-2079, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-098-5_232
    DOI: 10.2991/978-94-6463-098-5_232
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