This research seeks to predict the performance of new ventures based on factors that can
be observed at the time of start-up. Indicators of initial human and financial capital are …

The model developed here explains why some firms survive while other firms with equal
economic performance do not. We argue that organizational survival is not strictly a function of …

Entrepreneurs involved in planning or starting firms must engage in a continuing process of
appraising prospects for success. These assessments presumably bear upon the …

The effect of intra-industry heterogeneity on hypercompetitive escalation and de-escalation
in a multimarket environment is examined. The authors study two critical dimensions of intra-…

It is clear that entrepreneurs and their firms can vary widely. Nevertheless, most of the
research to date on entrepreneurship has examined central tendencies, with relatively little …

This paper argues that when the technological basis of an industry is changing, the firm's
approach to technology sourcing plays a critical role in building the capabilities needed to …

We integrate the efficiency and competitive effects of product-market scope choice into a
comprehensive model of economic performance and empirically test the model in the context of …

This research was motivated by an interest in understanding more about the extent to which
entrepreneurs initiate changes along various dimensions of strategy, the nature of those …

The impact of the entrepreneur on the development and subsequent success of a new
venture has been demonstrated in many studies. Indeed one of the most important judgement …

Entrepreneurs seeking to position new or small firms in industries populated by well
established competitors are frequently advised to seek the protection of a market niche. There, …