Perceived opportunity, team attributes, and entrepreneurial orientation in Chinese new technology ventures: a cognitive perspective Online publication date: Mon, 10-May-2010
by Jun Li, Jianwen (Jon) Liao
International Journal of Entrepreneurship and Innovation Management (IJEIM), Vol. 12, No. 1, 2010
Abstract: This study investigates how perceived opportunity and team attributes affect entrepreneurial orientation in Chinese new technology ventures. Drawing upon the cognitive perspective of strategy, we propose that entrepreneurial orientation in Chinese new technology ventures is affected by: 1) the opportunities in the environment perceived by the venture team; 2) the venture team attributes that are relevant to recognition and exploitation of opportunities. Hypotheses are tested in a sample of 184 Chinese new technology ventures. Consistent with our predictions, our results show that perceived industry growth and causal understanding among team members are positively related to entrepreneurial orientation. Contrary to our prediction, perceived dysfunctional competition contributes positively to entrepreneurial orientation. Discussion and implications are presented.
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