Polychronicity, decision-making and entrepreneurial self-efficacy of venture team founders : an exploratory study

Purpose - This study explores the role of polychronic temporal orientation and decision-making decentralization on founders’ perceptions of entrepreneurial self-efficacy (ESE). Design/methodology/approach - Longitudinal survey data were collected from 141 business founders in China. Findings - Findings suggest that decision-making decentralization is positively associated with founders’ ESE. In addition, a polychronic temporal orientation is positively related to ESE, and this relationship is mediated by decision-making decentralization. Originality/value -This study adds to existing knowledge on ESE and temporal related issues by presenting empirical evidence that explains how and why the temporal orientation context and the practice of decisionmaking decentralization can shape ESE perceptions among venture founders.