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Start‐ups and entrepreneurial teams

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  • Hong Yang
  • Brian Paul Cozzarin
  • Can Peng
  • Chun Xu

Abstract

We survey 398 Chinese entrepreneurs within 118 entrepreneurial teams to investigate external social capital's impact on: the decision to start a venture and the mediating role that risk perception plays in that decision. Our results confirm that external social capital has a significant and positive effect on the decision to start a venture, while risk perception partly mediates this relationship. Furthermore, we find that the three dimensions of external social capital drive the decision to start a venture differently. The most important domains of external social capital are commercial social capital, followed by technical social capital and institutional social capital.

Suggested Citation

  • Hong Yang & Brian Paul Cozzarin & Can Peng & Chun Xu, 2022. "Start‐ups and entrepreneurial teams," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(5), pages 1167-1184, July.
    • Handle: RePEc:wly:mgtdec:v:43:y:2022:i:5:p:1167-1184
    DOI: 10.1002/mde.3465
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