The Significance of Team Dynamics in Students’ Entrepreneurial Decision-Making

Purpose: The paper seeks to explore how team dynamics influence students’ decisions to either pursue or abandon a business idea following their participation in an experiential entrepreneurship course. Design/Methodology: The paper employs an inductive, qualitative approach to examine the team dy...

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Main Author: Quynh Duong Phuong
Format: Article
Language:English
Published: University of Warsaw 2024-01-01
Series:European Management Studies
Subjects:
Online Access:https://press.wz.uw.edu.pl/ems/vol22/iss1/2
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author Quynh Duong Phuong
author_facet Quynh Duong Phuong
author_sort Quynh Duong Phuong
collection DOAJ
description Purpose: The paper seeks to explore how team dynamics influence students’ decisions to either pursue or abandon a business idea following their participation in an experiential entrepreneurship course. Design/Methodology: The paper employs an inductive, qualitative approach to examine the team dynamics by exploring students’ thought processes and actions regarding entrepreneurial activities as a socially situated phenomenon. 20 semi-structured interviews, observation and secondary data serve as data base, following the Gioia method for data analysis. Findings: Findings show that team dynamics have proven to be the most relevant factor for students’ decision on whether to continue with an entrepreneurial project or not. Among various factors, reasons are rooted in the team membership decreasing uncertainty, students’ decision dependencies on team members and the increased importance placed on the team relative to the idea. Research Limitations/Implications: The study concentrates on team-related aspects in students’ decision- making. While the factors have been examined in the study, other determinants may contribute to students’ decisions which are outside the scope of the study. The study offers a set of causalities that offer a nuanced understanding of team dynamics and decision-making processes over an extended post-course timeframe. Originality/Value: The study contributes to the current literature by unraveling the intricate relationship between team dynamics and entrepreneurial decision-making. It offers a nuanced perspective on the understanding of how collaborative contexts shape students’ willingness to pursue projects beyond the entrepreneurship classroom.
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spelling doaj-art-8af659f16ffa49fbb91abd9ea96faad32025-01-07T07:52:52ZengUniversity of WarsawEuropean Management Studies2956-76022024-01-01221255110.7172/2956-7602.103.2The Significance of Team Dynamics in Students’ Entrepreneurial Decision-MakingQuynh Duong Phuong0https://orcid.org/0000-0003-1149-6673Chair in Small Business & Entrepreneurship (LEMEX), University of Bremen, GermanyPurpose: The paper seeks to explore how team dynamics influence students’ decisions to either pursue or abandon a business idea following their participation in an experiential entrepreneurship course. Design/Methodology: The paper employs an inductive, qualitative approach to examine the team dynamics by exploring students’ thought processes and actions regarding entrepreneurial activities as a socially situated phenomenon. 20 semi-structured interviews, observation and secondary data serve as data base, following the Gioia method for data analysis. Findings: Findings show that team dynamics have proven to be the most relevant factor for students’ decision on whether to continue with an entrepreneurial project or not. Among various factors, reasons are rooted in the team membership decreasing uncertainty, students’ decision dependencies on team members and the increased importance placed on the team relative to the idea. Research Limitations/Implications: The study concentrates on team-related aspects in students’ decision- making. While the factors have been examined in the study, other determinants may contribute to students’ decisions which are outside the scope of the study. The study offers a set of causalities that offer a nuanced understanding of team dynamics and decision-making processes over an extended post-course timeframe. Originality/Value: The study contributes to the current literature by unraveling the intricate relationship between team dynamics and entrepreneurial decision-making. It offers a nuanced perspective on the understanding of how collaborative contexts shape students’ willingness to pursue projects beyond the entrepreneurship classroom.https://press.wz.uw.edu.pl/ems/vol22/iss1/2empirical paperstudent entrepreneurshipteamteam dynamicsdecision-making
spellingShingle Quynh Duong Phuong
The Significance of Team Dynamics in Students’ Entrepreneurial Decision-Making
European Management Studies
empirical paper
student entrepreneurship
team
team dynamics
decision-making
title The Significance of Team Dynamics in Students’ Entrepreneurial Decision-Making
title_full The Significance of Team Dynamics in Students’ Entrepreneurial Decision-Making
title_fullStr The Significance of Team Dynamics in Students’ Entrepreneurial Decision-Making
title_full_unstemmed The Significance of Team Dynamics in Students’ Entrepreneurial Decision-Making
title_short The Significance of Team Dynamics in Students’ Entrepreneurial Decision-Making
title_sort significance of team dynamics in students entrepreneurial decision making
topic empirical paper
student entrepreneurship
team
team dynamics
decision-making
url https://press.wz.uw.edu.pl/ems/vol22/iss1/2
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