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Founder Competence, the Environment, and Venture Performance

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  • Gaylen N. Chandler
  • Steven H. Hanks

Abstract

This research presents a parsimonious model of venture performance that incorporates individual founder, firm, and environmental characteristics. Specifically, It examines the moderating effect of founder competencies on venture performance in a sample of 155 manufacturing firms in northwestern Pennsylvania. In support of our hypotheses, the results indicate that individual level competencies moderate the relationships between the quality of the opportunity and firm performance and access to resource-based capabilities and firm performance.

Suggested Citation

  • Gaylen N. Chandler & Steven H. Hanks, 1994. "Founder Competence, the Environment, and Venture Performance," Entrepreneurship Theory and Practice, , vol. 18(3), pages 77-89, April.
    • Handle: RePEc:sae:entthe:v:18:y:1994:i:3:p:77-89
    DOI: 10.1177/104225879401800306
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    References listed on IDEAS

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    1. Brush, Candida G. & Vanderwerf, Pieter A., 1992. "A comparison of methods and sources for obtaining estimates of new venture performance," Journal of Business Venturing, Elsevier, vol. 7(2), pages 157-170, March.
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    5. Steven H. Hanks & Collin J. Watson & Erik Jansen & Gaylen N. Chandler, 1994. "Tightening the Life-Cycle Construct: A Taxonomic Study of Growth Stage Configurations in High-Technology Organizations," Entrepreneurship Theory and Practice, , vol. 18(2), pages 5-29, January.
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