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TYPES OF ENTREPRENEURSHIP
4. Team Based
The team can compensate for individual weaknesses and utilize
financial, mental and emotional resources together with talent,
experiences and skills to strengthen the social capital of the enterprise
(Harper, D.A., 2008).
Entrepreneurial teams are more effective in responding to complexity
and changes in the environment, which results in teams better
overcoming challenges, troubles and crises.
New firms established by entrepreneurial teams more often grow
faster and operate successfully on the market (Schenkel, M.T.;
Garrison, G., 2009).
When working in teams, people feel support and fulfil their affiliation
need, which increases their satisfaction and reduces the stress
level
