Abstract/Details

Team efficacy in new ventures: Antecedents of team efficacy and the effect of team efficacy on firm aspiration level


2006 2006

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Abstract (summary)

This study provides insight into antecedents of team efficacy, and the influence of team efficacy on firm aspirations. It examines the relations between team-specific factors and team efficacy more deeply than has been done previously, and in the context of new ventures. This study used a web-based survey, soliciting respondents via email from entrepreneurship email groups in 5 different cities. The resulting set of 73 observations represent management teams in new ventures that are less than 6 years old.

I found that team success, team members' prior success, and the functional capabilities of the team contribute to team efficacy. Examining all three simultaneously allowed me to see that each had an individual effect, above and beyond the other two. Past experience and cumulative functional skills have significant effects beyond how the team is doing. It suggests that how people put their teams together and how much they know about and respect one another's skills and backgrounds is important to team confidence on an ongoing and long-lasting basis despite interim failings or setbacks.

I also examined the relationship between team efficacy and firm aspiration level, specifically within the domain of management teams of new ventures. I found that team efficacy did, indeed, influence the aspiration level of the firm. More specifically, I found that a team member's confidence in the team's future success influences the aspiration level of the firm over and above the aspiration level based on the firm's current performance in those areas. Investors interested in evaluating and encouraging goals of high growth rates in firms may benefit from understanding more about what leads to high aspiration levels in new ventures.

Indexing (details)


Subject
Management;
Teams;
Startups;
Polls & surveys;
Entrepreneurship;
Success;
Studies
Classification
0454: Management
Identifier / keyword
Social sciences; Firm aspiration; New ventures; Team efficacy
Title
Team efficacy in new ventures: Antecedents of team efficacy and the effect of team efficacy on firm aspiration level
Author
Borchert, Patricia S.
Number of pages
130
Publication year
2006
Degree date
2006
School code
0130
Source
DAI-A 67/08, Dissertation Abstracts International
Place of publication
Ann Arbor
Country of publication
United States
ISBN
9780542813160
Advisor
Sapienza, Harry J.
University/institution
University of Minnesota
University location
United States -- Minnesota
Degree
Ph.D.
Source type
Dissertations & Theses
Language
English
Document type
Dissertation/Thesis
Dissertation/thesis number
3227529
ProQuest document ID
305309026
Copyright
Database copyright ProQuest LLC; ProQuest does not claim copyright in the individual underlying works.
Document URL
http://search.proquest.com/docview/305309026
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