Polychronicity, Decision-making and Entrepreneurial Self-efficacy of Venture Team Founders: An Exploratory Study

Abstract

Purpose - This study explores the role of polychronic temporal orientation and decision-making decentralization on founders\u27 perceptions of entrepreneurial self-efficacy (ESE). Design/methodology/approach - Longitudinal survey data were collected from 141 business founders in China. Findings - Findings suggest that decision-making decentralization is positively associated with founders\u27 ESE. In addition, a polychronic temporal orientation is positively related to ESE, and this relationship is mediated by decision-making decentralization. Originality/value - This study adds to existing knowledge on ESE and temporal related issues by presenting empirical evidence that explains how and why the temporal orientation context and the practice of decision-making decentralization can shape ESE perceptions among venture founders

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