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SPECIAL ISSUE PAPER
The Impact of Top Management Team Heterogeneity on The Performance of Technology Start-ups
Chunyu Zhang 1
,
 
Chen Wang 1
,
 
Wangzhi Wang 2
 
 
 
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1
School of Economics and Management, Harbin Engineering University, Harbin, Heilongjiang 150001, CHINA
 
2
ZTE Corporation, Nanjing, Jiangsu, 210012, CHINA
 
 
Online publication date: 2017-11-24
 
 
Publication date: 2017-11-24
 
 
EURASIA J. Math., Sci Tech. Ed 2017;13(12):8057-8065
DOI: https://doi.org/10.12973/ejmste/77922
 
 
Article (PDF)
References (22)
 
This article belongs to the special issue "Problems of Application Analysis in Knowledge Management and Science-Mathematics-Education".
KEYWORDS
TMT heterogeneity
value creation
business model
technology start-ups
Performance
 
TOPICS
Evaluation and Assessment
Mathematics Education
 
ABSTRACT
Based on upper echelon theory and the perspective of value creation in the business model for technology start-ups, this paper explains the mechanism of top management team (TMT) heterogeneity on the performance of technology start-ups. Using survey data from 183 technology start-ups in China, the model is empirically tested. The findings demonstrate that age and tenure heterogeneity among TMT members significantly and positively affects the performance of technology start-ups While functional experience and educational level heterogeneity significantly and negatively affect their performance of technology start-ups. Moreover, the value creation of business models partially mediates the influences of age, tenure, functional experience and educational level heterogeneity among TMT members on the performance of technology start-ups.
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