Success and risk factors in the pre-startup phase

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dc.citation.volume26
dc.contributor.authorVan Gelderen, Marco
dc.contributor.authorThurik, Roy
dc.contributor.authorBosma, Niels
dc.date.accessioned2008-10-30T00:37:41Z
dc.date.accessioned2016-03-06T22:25:48Z
dc.date.accessioned2016-09-07T13:57:38Z
dc.date.availableNO_RESTRICTIONen_US
dc.date.available2008-10-30T00:37:41Z
dc.date.available2016-03-06T22:25:48Z
dc.date.available2016-09-07T13:57:38Z
dc.date.issued2006
dc.description.abstractWhy does one person actually succeed in starting a business, while a second person gives up? In order to answer this question, a sample of 517 nascent entrepreneurs (people in the process of setting up a business) was followed over a three-year period. After this period, it was established that 195 efforts were successful and that 115 startup efforts were abandoned. Our research focuses on estimating the relative importance of a variety of approaches and variables in explaining pre-startup success. These influences are organized in terms of Gartner's (1985) framework of new venture creation. This framework suggests that start-up efforts differ in terms of the characteristics of the individual(s) who start the venture, the organization that they create, the environment surrounding the new venture, and the process by which the new venture is started. Logistic regression analyses are run for the sample as a whole as well as for subgroups within the sample, namely for those with high ambition vs. low ambition and for those with substantial vs. limited experience. The results point to the importance of perceived risk of the market as a predictor of getting started vs. abandoning the startup effort.en_US
dc.identifier.citationVan Gelderen, M.; Thurik, R.; Bosma, N. (2006). Success and risk factors in the pre-startup phase. Small Business Economics. Vol. 26, No. 4, pp. 319-335.en_US
dc.identifier.harvestedMassey_Dark
dc.identifier.harvestedMassey_Dark
dc.identifier.issn0921-898X
dc.identifier.issn1573-0913
dc.identifier.urihttp://hdl.handle.net/10179/9691
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.isbasedonSmall Business Economics. Vol. 26, No. 4, pp. 319-335en_US
dc.relation.isformatofhttp://dx.doi.org/10.1007/s11187-004-6837-5en_US
dc.relation.urihttp://www.enterprisingcompetencies.com/uploads/1/5/9/7/15971972/vn_gelderen_2005_sbej_nascents.pdfen_US
dc.subjectBusiness performanceen_US
dc.subjectSurvivalen_US
dc.subjectEntrepreneursen_US
dc.subjectStart-upsen_US
dc.subject.otherFields of Research::350000 Commerce, Management, Tourism and Services::350200 Business and Managementen_US
dc.titleSuccess and risk factors in the pre-startup phaseen_US
dc.typeJournal Articleen_US
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