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Lessons from Team Entrepreneurship Research for General Entrepreneurship Theory

Author

Listed:
  • Matthias P. Hühn

    (Alex G. McKenna School of Business, Economics and Government, Saint Vincent College, Latrobe, PA 15650, USA)

  • Zachary G. Davis

    (Alex G. McKenna School of Business, Economics and Government, Saint Vincent College, Latrobe, PA 15650, USA)

Abstract

This paper suggests that the theory of entrepreneurship needs to be amended. This paper first shows how the phenomenon of entrepreneurial teams has become established in practice and in the literature. Then the axioms of entrepreneurship theory are discussed. This paper (with a literature review and GEM data) argues that there is an inconsistency within entrepreneurship theory: in order not to have to change the axioms of entrepreneurship theory, entrepreneurial teams were assumed to consist of individual entrepreneurs. This paper explains how that impedes advances in theory development and suggests a new taxonomy of entrepreneurs: the individual entrepreneur, the individual entrepreneur in a team, and a socially minded true team entrepreneur.

Suggested Citation

  • Matthias P. Hühn & Zachary G. Davis, 2024. "Lessons from Team Entrepreneurship Research for General Entrepreneurship Theory," Administrative Sciences, MDPI, vol. 14(11), pages 1-13, November.
    • Handle: RePEc:gam:jadmsc:v:14:y:2024:i:11:p:287-:d:1514197
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    References listed on IDEAS

    as
    1. Maw-Der Foo, 2011. "Teams developing business ideas: how member characteristics and conflict affect member-rated team effectiveness," Small Business Economics, Springer, vol. 36(1), pages 33-46, January.
    2. Michael D. Ensley & Allison W. Pearson, 2005. "An Exploratory Comparison of the Behavioral Dynamics of Top Management Teams in Family and Nonfamily New Ventures: Cohesion, Conflict, Potency, and Consensus," Entrepreneurship Theory and Practice, , vol. 29(3), pages 267-284, May.
    3. Scott Shane, 2001. "Technological Opportunities and New Firm Creation," Management Science, INFORMS, vol. 47(2), pages 205-220, February.
    4. McGrath, Rita Gunther & MacMillan, Ian C. & Scheinberg, Sari, 1992. "Elitists, risk-takers, and rugged individualists? An exploratory analysis of cultural differences between entrepreneurs and non-entrepreneurs," Journal of Business Venturing, Elsevier, vol. 7(2), pages 115-135, March.
    Full references (including those not matched with items on IDEAS)

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