More than half of all attempts to start a business fail. In a quest to help explain the variance in this phenomenon, we develop and test hypotheses related to the role that the objective environment, entrepreneurial perceptions, and start-up activities play in the new venture creation process....

We draw upon resource-based and sociological theories to shed light on nascent entrepreneurs' network development. Employing a unique empirical dataset of nascent entrepreneurs at the earliest stages of venture creation, we examine resource search and homophily as two antecedents of...

1. Introduction -- 2. Individual-level influences -- 3. Firm- and team-level influences -- 4. External environmental influences -- 5. Relationships, networks, and social capital -- 6. Organizational learning -- 7. Capabilities -- 8. Orientation and strategy -- 9. Performance and innovation outcomes.