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entrepreneural team

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entrepreneural team
Entrepreneurship
Yipeng Liu
Module Code: CB887
Seminar Group:
Surname: CarikciFirst Name: Cetin
Programme of Study: MBA
Login: CC490
Student Number: 13900624
Declaration: I confirm the work submitted is entirely my own and have fully referenced my sources as appropriate. I am aware of the penalties for plagiarism.
Date: 07/04/2014
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Contents TOC \o "1-3" \h \z \u INTRODUCTION PAGEREF _Toc384631687 \h 2ENTREPRENEURIAL TEAMS PAGEREF _Toc384631688 \h 2ENTREPRENEURIAL TEAMS AND VENTURE PERFORMANCE PAGEREF _Toc384631689 \h 3THE EXPLANATION OF ENTREPRENEURIAL TEAM EFFECTIVENESS PAGEREF _Toc384631690 \h 3Environment. PAGEREF _Toc384631691 \h 4Communication. PAGEREF _Toc384631692 \h 5Team composition. PAGEREF _Toc384631693 \h 5Demography. PAGEREF _Toc384631694 \h 6Cognitive Characteristics. PAGEREF _Toc384631695 \h 7Conflict. PAGEREF _Toc384631696 \h 8SUMMARY PAGEREF _Toc384631697 \h 9REFERENCES PAGEREF _Toc384631698 \h 9
INTRODUCTIONEmphasizing on theoretical approach to the tropic of entrepreneurial teams, I suggest a wide definition of entrepreneurial teams in this paper. Then, I show the linkage between entrepreneurial teams and their effectiveness to venture performance. The subject of entrepreneurial team effectiveness and performance are analyzed and studied on its antecedents. These subjects are the environment, communication, power and politics, creating team , and demographic characteristics. The essay especially indicates that the importance of including cognitive characteristics to composition of entrepreneurial teams. According to the physiologist, Carl Gustav Jung there are four stages we go through during our lifetime. Based on his theory, any lack of one of these four stages limits the team 's effectiveness and the business performance as well. Starting a new business is not easy, especially when considering the skills, knowledge, capabilities, and the amount of time we are spending on the new venture. These factors are



References: mason, A.C. & Sapienze, H.J. (1997). The effects of top management team size and interaction norms on cognitive and affective conflict. Journal of Management, 23, 495-516 Chandler, G. N. & Hanks, S. H. (1993). Measuring the performance of emerging businesses: A validation study. Journal of Business venturing, 8, 391-408. Cooper, A. C. & Daily, C. M. (1997). Success among high- technology firms. Business Horizons, 20, 16-22 Eisenhardt, K. M. ,Kahwajy, J. L. , & Bourgeois III, L. J. (1997). How management teams can have a good flight. Harvard Business Review, 75, 77-85. Chackravarthy, B. S. (1986). Measuring strategic performance. Strategic Management Journal, 7, 437-458

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