IDEAS home Printed from https://ideas.repec.org/a/wsi/jecxxx/v20y2012i01ns0218495812500021.html
   My bibliography  Save this article

Predicting Founding Success And New Venture Survival: A Longitudinal Nascent Entrepreneurship Approach

Author

Listed:
  • ALEXANDER KESSLER

    (Competence Team for Entrepreneurship, Institute for Management and Entrepreneurship, FH Wien University of Applied Sciences of WKW, Waehringer Guertel 97, A-1180 Vienna, Austria)

  • CHRISTIAN KORUNKA

    (Faculty of Psychology, University of Vienna, Universitaetsstrasse 7, A-1010 Vienna, Austria)

  • HERMANN FRANK

    (Institute for Small Business Management and Entrepreneurship and Research Institute for Family Business, WU Vienna University of Economics and Business, Augasse 2 – 6, A-1090 Vienna, Austria)

  • MANFRED LUEGER

    (Institute for Sociology and Social Research, WU Vienna University of Economics and Business, Augasse 2 – 6, A-1090 Vienna, Austria)

Abstract

Based on a model consisting of (1) indicators related to the entrepreneurial person, (2) resource/environment indicators, and (3) founding process indicators, this paper examines founding success (who ultimately started up a business?) and new venture success/failure (which businesses survived?) in nascent businesses. The study analyzes a sample of 227 nascent entrepreneurs in Austria observed over a period of seven years. We find that characteristics of the person (i.e., risk-taking) affect founding success, but not survival. At the same time, resource and environment aspects did not show an effect on founding success or survival. Finally, we find that aspects of the founding process serve to explain both founding success and survival.

Suggested Citation

  • Alexander Kessler & Christian Korunka & Hermann Frank & Manfred Lueger, 2012. "Predicting Founding Success And New Venture Survival: A Longitudinal Nascent Entrepreneurship Approach," Journal of Enterprising Culture (JEC), World Scientific Publishing Co. Pte. Ltd., vol. 20(01), pages 25-55.
  • Handle: RePEc:wsi:jecxxx:v:20:y:2012:i:01:n:s0218495812500021
    DOI: 10.1142/S0218495812500021
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0218495812500021
    Download Restriction: Access to full text is restricted to subscribers

    File URL: https://libkey.io/10.1142/S0218495812500021?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Clara Gieure Sastre & María Mar Benavides-Espinosa & Domingo Ribeiro-Soriano, 2022. "When intentions turn into action: pathways to successful firm performance," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 733-751, June.
    2. Pushkar Maitra & Ananta Neelim, 2021. "Behavioural characteristics, stability of preferences and entrepreneurial success," Chapters, in: Ananish Chaudhuri (ed.), A Research Agenda for Experimental Economics, chapter 5, pages 93-118, Edward Elgar Publishing.
    3. Shahid, Pirzada Syed Rizwan, 2023. "Founder's Human Capital and the Entrepreneurial Process Duration," OSF Preprints yf6mg, Center for Open Science.
    4. Charly HONGDIYANTO, 2018. "Personal and Social Attributes as Determinants of Entrepreneurial Intention," Expert Journal of Business and Management, Sprint Investify, vol. 6(2), pages 93-100.
    5. Abeer Alomani & Rui Baptista & Suma S. Athreye, 2022. "The interplay between human, social and cognitive resources of nascent entrepreneurs," Small Business Economics, Springer, vol. 59(4), pages 1301-1326, December.
    6. Sari Pekkala Kerr & William R. Kerr & Tina Xu, 2017. "Personality Traits of Entrepreneurs: A Review of Recent Literature," NBER Working Papers 24097, National Bureau of Economic Research, Inc.
    7. Hyytinen, Ari & Pajarinen, Mika & Rouvinen, Petri, 2015. "Does innovativeness reduce startup survival rates?," Journal of Business Venturing, Elsevier, vol. 30(4), pages 564-581.
    8. Thomas Neumann, 2021. "The impact of entrepreneurship on economic, social and environmental welfare and its determinants: a systematic review," Management Review Quarterly, Springer, vol. 71(3), pages 553-584, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jecxxx:v:20:y:2012:i:01:n:s0218495812500021. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jec/jec.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.