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Business ventures are started by individuals and teams with very different backgrounds and motivations, pursuing business ideas of very variable inherent quality in environments that also show tremendous variability. As a result it is difficult to arrive at broadly valid generalizations, and...
Persistent link: https://www.econbiz.de/10009437544
As one of the participants of the first RENT conference in 1987, and one of those who have stayed in this field of research, I was invited to deliver a keynote address at the 20th anniversary in December, 2006. This short chapter is largely based on that keynote address. What will follow are...
Persistent link: https://www.econbiz.de/10009437570
The aim of this paper is to provide a better understanding of the evolution of small firm performance. We do so by studying performance changes on a two dimensional "growth– profitability performance space". It is well established that both growth and profitability are important dimensions of...
Persistent link: https://www.econbiz.de/10009437585
Principal topic: Effectuation theory suggests that entrepreneurs develop their new ventures in an iterative way by selecting possibilities through flexibility and interactions with the market; a focus on affordability of loss rather than maximal return on the capital invested, and the...
Persistent link: https://www.econbiz.de/10009437613
It has been argued that entrepreneurship research has not come far enough, fast enough (Low, 2001). Although the volume of research has grown dramatically, as has the number of specific sub-topics covered, there are relatively few issues on which the entrepreneurship research community has...
Persistent link: https://www.econbiz.de/10009437622
The performance of the often young and independent businesses studies in entrepreneurship research is not only difficult to assess (Brush & Vanderwerf, 1992) and hard to predict (Cooper, 1995), but also a challenge to interpret. Is discontinuation a sign of failure, and always a worse outcome...
Persistent link: https://www.econbiz.de/10009437623
Firm growth is almost universally portrayed as a good thing, and is commonly used as a measure of success. Applying resource-based reasoning, we argue that growth is often not a sign of sound development. Specifically, we hypothesize that firms which grow without first securing high levels of...
Persistent link: https://www.econbiz.de/10009437629
Increasingly, celebrities engage in business not just as endorsers but also with a financial stake and decision-making role in the business. Whether initiated by the celebrity or by other founders, we refer to such instances of new ventures entering the market with a celebrity engaged in such...
Persistent link: https://www.econbiz.de/10009437640
This research examines habitual entrepreneurship as undertaken by those currently creating a new firm and those who recently had. The suggestion is that habitual entrepreneurs have different motivations for firm creation, take different actions during the process, and have different expectations...
Persistent link: https://www.econbiz.de/10009437641
Corporate venturing activities can expand a firm’s business by creating new products and entering new markets. The literature suggests that entrepreneurial management should have a positive effect on corporate venturing activities and, as a consequence of this, a positive effect on a company's...
Persistent link: https://www.econbiz.de/10009437660