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Relationship between Entrepreneurial Team Characteristics and Venture Performance in China: From the Aspects of Cognition and Behaviors

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  • Xue-Liang Pei

    (College of Business Administration, Huaqiao University, Quanzhou 362021, China
    East Business Management Research Centre, Huaqiao University, Quanzhou 362021, China)

  • Tung-Ju Wu

    (School of Management, Harbin Institute of Technology (HIT), Harbin 150001, China)

  • Jia-Ning Guo

    (College of Business Administration, Huaqiao University, Quanzhou 362021, China)

  • Jia-Qi Hu

    (College of Business Administration, Huaqiao University, Quanzhou 362021, China)

Abstract

Entrepreneurial and innovative activities are becoming a global economic and social phenomenon, especially in emerging economies. This study focuses on a typical emerging economy, China, and its entrepreneurial and innovative activities. On the basis of current research, the literature review and the chain of “cognition–behavior–outcome” are used for constructing the theoretical model for the relationship among entrepreneurial team cognition characteristics, behavior characteristics, and venture performance. A total of 101 valid copies of questionnaire are collected from entrepreneurial team members, as the research objects, and the structural equation modeling (SEM) method is applied to test the theoretical hypotheses. The research results reveal (1) significant effects of entrepreneurial team cognition characteristics and behavior characteristics on venture performance and (2) partial mediating effects of entrepreneurial team behavior characteristics on the relationship between cognition characteristics and venture performance. The research results are the expansion of research on entrepreneurial teams as well as the important reference for entrepreneurial team management and behavioral practice.

Suggested Citation

  • Xue-Liang Pei & Tung-Ju Wu & Jia-Ning Guo & Jia-Qi Hu, 2020. "Relationship between Entrepreneurial Team Characteristics and Venture Performance in China: From the Aspects of Cognition and Behaviors," Sustainability, MDPI, vol. 12(1), pages 1-15, January.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:1:p:377-:d:304678
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    References listed on IDEAS

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    1. Sebastian Aparicio & Andreu Turro & Maria Noguera, 2020. "Entrepreneurship and Intrapreneurship in Social, Sustainable, and Economic Development: Opportunities and Challenges for Future Research," Sustainability, MDPI, vol. 12(21), pages 1-11, October.
    2. Shixian Ling & Guosheng Han & Dong An & Armigon Akhmedov & Hui Wang & Hui Li & William Cannon Hunter, 2020. "The Effects of Financing Channels on Enterprise Innovation and Life Cycle in Chinese A-Share Listed Companies: An Empirical Analysis," Sustainability, MDPI, vol. 12(17), pages 1-22, August.

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