Fast and Good:An Empirical Study on the Relationship between Entrepreneurial Team Het-erogeneity,Decision-Making and Performance
Entrepreneurial decision-making is an important component of entrepreneurial activities,and its effectiveness directly affects entrepreneurial performance.The effectiveness of entrepreneurial decision-making is largely influenced by the heterogeneity structure of entrepreneurial teams.Through regression analysis of 209 valid questionnaire data,this study attempts to reveal the relationship between entrepreneurial team heterogeneity,entrepreneurial decision-making,and entrepreneurial performance from the perspective of behavioral decision-making.The empirical results indicate that the quality of entrepreneurial decision-making has a significant positive impact on entrepreneurial performance,but the impact of decision-making speed on entrepreneurial performance is not significant;The heterogeneity of social categories in entrepreneurial teams has a significant positive impact on entrepreneurial decision-making and performance,while the heterogeneity of values plays the opposite role;Information heterogeneity has a significant positive impact on entrepreneurial decision-making,while its positive impact on entrepreneurial performance is not significant;The quality of entrepreneurial decision-making plays a significant mediating role between team heterogeneity and entrepreneurial performance.This conclusion provides certain practical evidence for the mechanism of entrepreneurial decision-making,and provides reference and guidance for new startups on how to make effective decisions to improve entrepreneurial performance.
entrepreneurial team heterogeneitydecision-makingdecision qualitydecision speedentrepreneurial performance