European Research in Entrepreneurship series
Edited by Alain Fayolle, Paula Kyrö and Francisco Liñán
Chapter 5: Socio-psychological characteristics of entrepreneurial teams: profiling entrepreneurial potential
This study presents the entrepreneurial potential construct in entrepreneurial teams competing in a venture competition, following a proxy for longitudinal research. We assessed the entrepreneurial potential profile of entrepreneurial teams and, based on the results, we were able to predict four track finalists and the grand finalist of the venture competition. The results based on the socio-psychological aspects of entrepreneurial potential profiles and team productivity of each team allowed us to predict (seven months ahead) the grand finalist of the venture competition awarded by an international expert judge panel. Our results showed that an entrepreneurial potential profile can be a useful tool to pick out successful and high potential teams. We also reflect on the relevance of considering entrepreneurial potential at the team level, considering entrepreneurship in a multilevel perspective. Key words: entrepreneurial teams, entrepreneurial potential profiles, psychosocial dimensions, venture competition
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