The purpose of this paper is to stimulate future research on entrepreneurial teams (ET).
This paper presents a literature‐driven definition of ET and model of factors influencing entrepreneurial team performance.
The paper illustrates potential fruitful areas for future research on entrepreneurial teams.
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.
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.
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 teams. Research on ET tends to focus on demographic heterogeneity. This article adds value by illustrating potential fruitful areas of research on ET based on a heuristics team performance model from the organizational literature.
