Team processes and business performance of youth ventures in Taiwan: The moderating role of social capital

We analyzed how entrepreneurial team processes affect business performance, and the mediating effect of social capital in youth small business ventures in Taiwan. Participants were predominantly young entrepreneurs between 20 and 40 years of age in Taiwan venture industries. Empirical analysis resul...

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Bibliographic Details
Published inSocial behavior and personality Vol. 48; no. 4; pp. 1 - 14
Main Authors Tsai, Chi-Chung, Li, Dengfeng
Format Journal Article
LanguageEnglish
Published Palmerston North Scientific Journal Publishers 01.04.2020
Scientific Journal Publishers, Ltd
Scientific Journal Publishers Ltd
Subjects
Age
Entrepreneurial Teams
Entrepreneurs
Entrepreneurship
Firm Performance
Organizational effectiveness
Organizational performance
Product development
Reflexivity
Small business
Social Capital
Social cohesion
Social networks
Social research
Startup Business
Startups
Team Processes
Teams
Venture capital
Ventures
Young Entrepreneurs
Youth
Youth Business Venture
China
Taiwan
United States > US
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Summary:We analyzed how entrepreneurial team processes affect business performance, and the mediating effect of social capital in youth small business ventures in Taiwan. Participants were predominantly young entrepreneurs between 20 and 40 years of age in Taiwan venture industries. Empirical analysis results showed that the entrepreneurial team had a significant positive impact on social capital and business performance. However, social capital was not a mediator between team management and firm performance. Practical implications are that when an entrepreneurial team is in a state of high cohesion and communicates well, more social capital will be captured for the improvement of business performance.
Bibliography:0301-2212(20200407)48:4L.1;1-
ISSN:0301-2212
1179-6391
DOI:10.2224/sbp.9026