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Effects of team inputs and intrateam processes on perceptions of team viability and member satisfaction in nascent ventures
Author(s) -
Foo MawDer,
Sin HockPeng,
Yiong LeePen
Publication year - 2006
Publication title -
strategic management journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 11.035
H-Index - 286
eISSN - 1097-0266
pISSN - 0143-2095
DOI - 10.1002/smj.514
Subject(s) - team composition , team effectiveness , psychology , perception , diversity (politics) , business , psychological safety , management , marketing , social psychology , political science , economics , neuroscience , law
A new venture team is a particular type of top management team neglected by the literature. This study investigated the effects of team inputs and processes on team members' perceptions of team viability and satisfaction in nascent ventures. These outcomes are important as they may be antecedents of team perseverance. The study of 51 new venture teams showed that the presence of a distinct leader was positively related to team satisfaction, while member diversity in educational backgrounds was positively related to perceived team viability. Intrateam processes of social integration and open communication were positively related to both perceived team viability and member satisfaction. Copyright © 2006 John Wiley & Sons, Ltd.