Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.jbusvent.2004.04.001
Title: Do others think you have a viable business idea? Team diversity and judges' evaluation of ideas in a business plan competition
Authors: Der Foo, M. 
Kam Wong, P. 
Ong, A.
Keywords: Early stage team activities
External evaluation
Team diversity
Team outcomes
Issue Date: 2005
Source: Der Foo, M., Kam Wong, P., Ong, A. (2005). Do others think you have a viable business idea? Team diversity and judges' evaluation of ideas in a business plan competition. Journal of Business Venturing 20 (3) : 385-402. ScholarBank@NUS Repository. https://doi.org/10.1016/j.jbusvent.2004.04.001
Abstract: The study examines how team diversity affects external evaluation of the teams' business ideas. Using an information perspective, we argue that task-related diversity of member characteristics enhance team effectiveness. Nontask diversity hurt team effectiveness by steering teams away from their tasks. Some support was found. Task-related diversity of education level was positively related with evaluation while nontask diversities of age and employment status negatively related with evaluation. The positive relationship of task diversity on evaluations was higher for larger teams. The findings were robust across different functional forms for the demographic factors. Implications of team affects on venture outcomes are discussed. © 2004 Elsevier Inc. All rights reserved.
Source Title: Journal of Business Venturing
URI: http://scholarbank.nus.edu.sg/handle/10635/44395
ISSN: 08839026
DOI: 10.1016/j.jbusvent.2004.04.001
Appears in Collections:Staff Publications

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