Entrepreneurial teams: definition and performance factors

Purpose – The purpose of this paper is to stimulate future research on entrepreneurial teams (ET).Design/methodology/approach – This paper presents a literature‐driven definition of ET and model of factors influencing entrepreneurial team performance.Findings – The paper illustrates potential fruitful areas for future research on entrepreneurial teams.Research limitations/implications – A literature‐driven approach on ET provides an improved basis for future research. Modeling entrepreneurial team performance factors based on a heuristic model provides a basis for both conceptual and empirical research in the future.Practical implications – By stimulating additional research on entrepreneurial teams, this paper assists in creating a better distinction on how and why the entrepreneurial team influences new venture performance.Originality/value – Most research on ET is based on an inadequate definition of the concept. This paper adds value by presenting a literature‐driven definition of entrepreneurial team...