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Revising the predictive capability of business plan quality for new firm survival using qualitative comparative analysis

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  • Simón-Moya, Virginia
  • Revuelto-Taboada, Lorenzo

Abstract

This work analyzes the relationship between business plan quality and survival rates of new ventures. Because no consensus exists on the literature about this topic, the main goal of this study is to prove if a high quality of business plan does imply a great survival chance. In order to do so, this study discusses other antecedent conditions, such as entrepreneur and firm characteristics. Both authors of the study performed this kind of research 3years ago using another kind of statistical method, logistics regression; this research uses fsQCA. The study includes a discussion on the differences between both methods.

Suggested Citation

  • Simón-Moya, Virginia & Revuelto-Taboada, Lorenzo, 2016. "Revising the predictive capability of business plan quality for new firm survival using qualitative comparative analysis," Journal of Business Research, Elsevier, vol. 69(4), pages 1351-1356.
    • Handle: RePEc:eee:jbrese:v:69:y:2016:i:4:p:1351-1356
    DOI: 10.1016/j.jbusres.2015.10.106
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    References listed on IDEAS

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    1. Yuen-Ping Ho & Poh-Kam Wong, 2007. "Financing, Regulatory Costs and Entrepreneurial Propensity," Small Business Economics, Springer, vol. 28(2), pages 187-204, March.
    2. Rafael Fernández-Guerrero & Lorenzo Revuelto-Taboada & Virginia Simón-Moya, 2012. "The business plan as a project: an evaluation of its predictive capability for business success," The Service Industries Journal, Taylor & Francis Journals, vol. 32(15), pages 2399-2420, January.
    3. C. Mirjam van Praag, 2003. "Business Survival and Success of Young Small Business Owners," Tinbergen Institute Discussion Papers 03-050/3, Tinbergen Institute.
    4. Mas-Verdú, Francisco & Ribeiro-Soriano, Domingo & Roig-Tierno, Norat, 2015. "Firm survival: The role of incubators and business characteristics," Journal of Business Research, Elsevier, vol. 68(4), pages 793-796.
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    7. Martin R Schneider & Conrad Schulze-Bentrop & Mihai Paunescu, 2010. "Mapping the institutional capital of high-tech firms: A fuzzy-set analysis of capitalist variety and export performance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 41(2), pages 246-266, February.
    8. Rajshree Agarwal & David B. Audretsch, 2001. "Does Entry Size Matter? The Impact of the Life Cycle and Technology on Firm Survival," Journal of Industrial Economics, Wiley Blackwell, vol. 49(1), pages 21-43, March.
    9. Domingo Soriano & Gary Castrogiovanni, 2012. "The impact of education, experience and inner circle advisors on SME performance: insights from a study of public development centers," Small Business Economics, Springer, vol. 38(3), pages 333-349, April.
    10. Virginia Simón-Moya & Lorenzo Revuelto-Taboada & Domingo Ribeiro-Soriano, 2012. "Are success and survival factors the same for social and business ventures?," Service Business, Springer;Pan-Pacific Business Association, vol. 6(2), pages 219-242, June.
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    Cited by:

    1. Léo-Paul Dana & Edoardo Crocco & Francesca Culasso & Elisa Giacosa, 2023. "Business plan competitions and nascent entrepreneurs: a systematic literature review and research agenda," International Entrepreneurship and Management Journal, Springer, vol. 19(2), pages 863-895, June.
    2. Alceu Souza & Ariane Maria Machado de Oliveira & Dayla Karolina Fossile & Emmanuel Óguchi Ogu & Luciano Luiz Dalazen & Claudimar Pereira da Veiga, 2020. "Business Plan Analysis Using Multi-Index Methodology: Expectations of Return and Perceived Risks," SAGE Open, , vol. 10(1), pages 21582440199, January.

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