The Effect of Choosing Teams and Ideas on Entrepreneurial Performance: Evidence from a Field Experiment
In a natural field experiment with 900+ subjects in 300+ teams, we study the effects of choosing team members versus ideas on entrepreneurial team performance. We use a two-by-two design in which subjects are randomly assigned to one of four treatments in which they (i) choose their own team but not the idea they pursue; (ii) choose their own idea but not their team; (iii) choose both their team and the idea to pursue; or (iv) choose neither their team nor the idea. We find that teams who choose their own idea but not their members perform consistently better than those in the remaining treatments. We then explore a number of different channels that can account for this finding.
Date: 17 October 2018, 15:30 (Wednesday, 2nd week, Michaelmas 2018)
Venue: Nuffield College, New Road OX1 1NF
Venue Details: Butler Room
Speaker: Rajshri Jayaraman (ESMT Berlin)
Organiser contact email address: cess@nuffield.ox.ac.uk
Part of: CESS Seminar
Booking required?: Not required
Audience: Members of the University only
Editor: Sonke Ehret