Considering significant reasons why some newventures are more likely than others to receive capital from external sources,it isargued that new venture finance follows a pattern of multistage selection over time. Using a sample of the life stories of 221 of new Swedish ventures in 1998, the...

The outcomes of the entrepreneurial organization process are based on three factors, which include the attributes of the entrepreneur/founders, the nature of the opportunity, and the organizing process.The organizing activities of Swedish entrepreneurs and how these activities impact the...

New firms are often established through a series oforganizing activities, but little research exists regarding the impact of thesequencing of these activities on firm performance and survival.Thisstudy seeks to provide theoretical support for the belief that new ventureorganizing does impact...

The life stories of 223 new Swedish ventures started by a random sample of firm founders in 1998 are examined. The previous literature is reviewed and methodological obstacles are presented. Ignoring what happens to new ventures that fail very early is limiting. A theoretical framework is...

The study challenges prior criticism of business planning, arguing that business planning is an important precursor to action innew ventures. The effect of business planning on three aspects of new venture development is examined: product development, venture organizing activity, and disbanding....

Argues that writing a business plan before undertaking marketing or promotional activities, such as talking to customers, decreases the likelihood of business termination during the first 30 months. Entrepreneurs are greatly encouraged to complete business plans as part of their organizing...