The Influence Of Entrepreneurial Team Heterogeneity On Entrepreneurial Decision-making

Under the background of economic globalization and knowledge sharing,the traditional "individual entrepreneurship" model has been unable to adapt to the new demands and challenges of the current era,and"team entrepreneurship" has gradually replaced "individual entrepreneurship" as the main mode of entrepreneurship in today's economic society.Compared with individual entrepreneurship,team entrepreneurship can integrate more resources,realize the knowledge and information sharing among team members and complement the skills,thus helping new enterprises to effectively deal with highly uncertain entrepreneurial environment.In the past,the research of entrepreneurial team often focused on the influence of the difference of team members on the result variables(entrepreneurial performance,new enterprise performance,etc.),but neglected the research on process variables(entrepreneurial decision,risk perception,etc.).This situation not only restricts the overall understanding of the entrepreneurial team theory,but also hinders the entrepreneurial team's heterogeneity to play its active role in entrepreneurial activities more effectively in practice.Therefore,on the basis of previous research,this study explores the impact of entrepreneurial team heterogeneity on entrepreneurial decision-making and its mechanism,which not only enriches the research literature on the heterogeneity of the entrepreneurial team,but also provides new ideas for the development of entrepreneurial team theory and practice of entrepreneurial teams.Based on the theory of social cognition,this research carried out the relevant theory and empirical research of entrepreneurial team.First of all,this study reviewed the literature on the heterogeneity of entrepreneurial teams,team communication,team reflexivity and entrepreneurial decision-making,and put forward assumptions and established models.Secondly,the study used the questionnaire method to carry on the research in cities of Hangzhou and so on,and obtained 403 valid questionnaires.Then using the statistical software such as SPSS to analyse the collected data by the questionnaire,including reliability test,correlation analysis,hierarchical regression analysis.The relationship between the entrepreneurial team heterogeneity,team communication and entrepreneurial decision-making was investigated,and the moderating role of team reflexivity in team communication and entrepreneurial decision-making was also discussed.The relevant conclusions are as follows:(1)Entrepreneurial team heterogeneity(including three dimensions:Age and gender heterogeneity,skills and function heterogeneity,value heterogeneity)has a significant impact on team communication and entrepreneurial decision-making,but the dimension of age and gender heterogeneity are not significantly affects team communication and entrepreneurial decision-making,The heterogeneity of skills and function,the heterogeneity of values have a significant positive impact on team communication and entrepreneurial decision-making.(2)Team communication plays a mediating role in the relationship between the heterogeneity of the entrepreneurial team and the decision-making of entrepreneurship.This shows that the impact of the heterogeneity of the entrepreneurial team on the performance of entrepreneurial decision-making is partly achieved through team communication,that is,heterogeneity can affect the entrepreneurial decision-making by influencing team communication.(3)The team reflexivity regulates the relationship between team communication and entrepreneurial decision-making.The team reflexivity is divided into two dimensions:task reflexivity and emotional reflexivity.The moderating effect of task and emotional reflexivity on team communication and entrepreneurial decision-making is remarkable:under high task and emotional reflexivity,the positive impact of team communication on entrepreneurial decision-making is significantly higher than low task and emotional reflexivity.This shows that there are significant differences in the degree of impact of team communication on entrepreneurial decision-making in different team reflexivity.