Survival Factors of Newly Founded Firms

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3640839005
Total Pages : 61 pages
Book Rating : 4.6/5 (48 download)

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Book Synopsis Survival Factors of Newly Founded Firms by : Wladimir Wiegel

Download or read book Survival Factors of Newly Founded Firms written by Wladimir Wiegel and published by GRIN Verlag. This book was released on 2011-02 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Business economics - Company formation, Business Plans, grade: 1,7, University of Mannheim, language: English, abstract: New enterprises are a source of economic growth, innovation, structural change and em-ployment. However, new firms face a serious problem of high mortality subsequent to their entry into the market. Thus the goal of this thesis paper was to identify survival factors of newly founded firms. This incorporated first to identify existing theoretical frameworks of SFR and second to provide insights into some empirical key findings for some important survival factors of newly founded businesses within the existing literature. In the core part of this paper, a crude systematization of success determinants into personal, firm-specific and environmental factors was used. The analysis of literature on firm survival and success factors revealed a mixed picture as different studies came up with contradicting results. Only few key findings were revealed to have consistent re-sults, which are further presented and discussed in this paper. Furthermore, a critical review of the success factor literature revealed also that utilization of different success measures, biased and unrepresentative samples, inappropriate analytical methods and the lack of a theory-driven approach all contribute to inconsistent results. Finally, it was also identified that the research community faces a paucity of literature in the field of regional and pre-entry determinants and how they impact on business success and survival.

Survival factors of newly founded firms

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3640839307
Total Pages : 56 pages
Book Rating : 4.6/5 (48 download)

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Book Synopsis Survival factors of newly founded firms by : Wladimir Wiegel

Download or read book Survival factors of newly founded firms written by Wladimir Wiegel and published by GRIN Verlag. This book was released on 2011-02-22 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2009 in the subject Business economics - Company formation, Business Plans, grade: 1,7, University of Mannheim, language: English, abstract: New enterprises are a source of economic growth, innovation, structural change and em-ployment. However, new firms face a serious problem of high mortality subsequent to their entry into the market. Thus the goal of this thesis paper was to identify survival factors of newly founded firms. This incorporated first to identify existing theoretical frameworks of SFR and second to provide insights into some empirical key findings for some important survival factors of newly founded businesses within the existing literature. In the core part of this paper, a crude systematization of success determinants into personal, firm-specific and environmental factors was used. The analysis of literature on firm survival and success factors revealed a mixed picture as different studies came up with contradicting results. Only few key findings were revealed to have consistent re-sults, which are further presented and discussed in this paper. Furthermore, a critical review of the success factor literature revealed also that utilization of different success measures, biased and unrepresentative samples, inappropriate analytical methods and the lack of a theory-driven approach all contribute to inconsistent results. Finally, it was also identified that the research community faces a paucity of literature in the field of regional and pre-entry determinants and how they impact on business success and survival.

Why Startups Fail

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Author :
Publisher : Currency
ISBN 13 : 0593137027
Total Pages : 370 pages
Book Rating : 4.5/5 (931 download)

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Book Synopsis Why Startups Fail by : Tom Eisenmann

Download or read book Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

New Venture, Survival, Growth

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Author :
Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis New Venture, Survival, Growth by : Marcus Box

Download or read book New Venture, Survival, Growth written by Marcus Box and published by . This book was released on 2005 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Founder's Dilemmas

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Publisher : Princeton University Press
ISBN 13 : 0691158304
Total Pages : 490 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Founder's Dilemmas by : Noam Wasserman

Download or read book The Founder's Dilemmas written by Noam Wasserman and published by Princeton University Press. This book was released on 2013-04 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Founder's Dilemmas examines how early decisions by entrepreneurs can make or break a startup and its team. Drawing on a decade of research, including quantitative data on almost ten thousand founders as well as inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, Noam Wasserman reveals the common pitfalls founders face and how to avoid them.

Initial Resources' Influence on New Venture Survival

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Initial Resources' Influence on New Venture Survival by : Arild Aspelund

Download or read book Initial Resources' Influence on New Venture Survival written by Arild Aspelund and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many researchers have investigated firm survival,including factors that contribute to firm success and failure.Using alongitudinal approach, this research examines the resources available tostartup firms and their impact on the firm's ultimate success orfailure.The theoretical framework for the study is drawn from theresource-based view. The four proposed hypotheses address the role of initialresources, focusing primarily on human capital -- founding team characteristics- and the radicalness of the technology on which the firm is based. A sample of 80 independent Norwegian and Swedish new technology-based firms(NTBFs) were compiled from a database of NTFBs that have collaborated with theCentre of Entrepreneurship and Innovation at the Norwegian University ofScience and Technology.Team size is not found to be a significantpredictor, but the findings indicate support for the overall proposition thatinitial internal resources of NTBFs - especially the management at startup -are antecedents of firm survival. (AKP).

Emergence and Survival of New Businesses

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3790819476
Total Pages : 143 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Emergence and Survival of New Businesses by : Oliver Falck

Download or read book Emergence and Survival of New Businesses written by Oliver Falck and published by Springer Science & Business Media. This book was released on 2007-07-13 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two very topical research questions are addressed in this book: Which are the determinants of new business formation and their survival, and will business start-ups, especially in the service sector, create employment and thereby generate growth? The analysis is based on a unique dataset consisting of the population of all businesses with at least one employee under social security in Germany in all private industries (manufacturing and services).

Vanishing of Risk Factors for the Success and Survival of Newly Founded Companies

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Author :
Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (249 download)

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Book Synopsis Vanishing of Risk Factors for the Success and Survival of Newly Founded Companies by : Göran Kauermann

Download or read book Vanishing of Risk Factors for the Success and Survival of Newly Founded Companies written by Göran Kauermann and published by . This book was released on 2001 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The State of the Art of Entrepreneurship

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Publisher : Thomson South-Western
ISBN 13 :
Total Pages : 648 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The State of the Art of Entrepreneurship by : Donald L. Sexton

Download or read book The State of the Art of Entrepreneurship written by Donald L. Sexton and published by Thomson South-Western. This book was released on 1992 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tended to enhance the understanding of the private enterprise system and the role of the entrepreneurship in economic development through identifying research needs.

Competitive Strategic Management

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Author :
Publisher : Prentice Hall
ISBN 13 :
Total Pages : 712 pages
Book Rating : 4.X/5 ( download)

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Book Synopsis Competitive Strategic Management by : Robert Lamb

Download or read book Competitive Strategic Management written by Robert Lamb and published by Prentice Hall. This book was released on 1984 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt:

What do Entrepreneurs Create?

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Publisher : Edward Elgar Publishing
ISBN 13 : 1789900220
Total Pages : 289 pages
Book Rating : 4.7/5 (899 download)

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Book Synopsis What do Entrepreneurs Create? by : Michael H. Morris

Download or read book What do Entrepreneurs Create? written by Michael H. Morris and published by Edward Elgar Publishing. This book was released on 2020-01-31 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Four different types of ventures created by entrepreneurs are explored in What Do Entrepreneurs Create?: survival, lifestyle, managed growth and aggressive growth. The concept of a balanced venture portfolio is introduced to guide public policy formulation and the development of entrepreneurial ecosystems.

Entrepreneurial Backgrounds, Human Capital and Survival in the Early Years after Start-Up

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Entrepreneurial Backgrounds, Human Capital and Survival in the Early Years after Start-Up by : Rui Baptista

Download or read book Entrepreneurial Backgrounds, Human Capital and Survival in the Early Years after Start-Up written by Rui Baptista and published by . This book was released on 2012 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine whether founders' backgrounds influence new firm survival in the early years after start-up. We develop hypotheses linking founders' backgrounds to pre-entry capabilities associated with entrepreneurial human capital, highlighting the cases of spin-offs and habitual entrepreneurs. In particular, the subject of unemployment-driven entrepreneurship is explored. We find that both general and specific human capital play a key role in enhancing the early survival chances of entrepreneurs who left their employment to found new firms (which we deem opportunity-based entrepreneurs), but have little effect on the early survival chances of unemployment-driven entrepreneurs (which we deem necessity-based entrepreneurs). We infer that pre-entry capabilities of entrepreneurs are a key factor for both opportunity discovery and implementation.

The Entrepreneurial Process

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Author :
Publisher : Praeger
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Entrepreneurial Process by : Paul Reynolds

Download or read book The Entrepreneurial Process written by Paul Reynolds and published by Praeger. This book was released on 1997-11-20 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship is an extremely important, but little understood, component of the U.S. economy. This book aids that understanding by exploring the challenges and outcomes of the start-up phases of new firms. This is the first detailed, large-scale, longitudinally-based analysis of the entrepreneurial process. Three representative samples of new firms and two representative samples of nascent entrepreneurs (those attempting to start new firms) are used to consider a variety of factors that affect successful completion of the major transitions in the life of new businesses: conception, birth, and early development (survival and growth). Surprisingly, a substantial minority of start-ups become operational new firms. Among the many lessons the authors learn are that although new firm growth appears to reflect many factors, initial size is of special consequence. Not only are many general insights for entrepreneurs revealed, but the authors also pay special attention to the involvement of women and minorities in entrepreneurship and suggest effective government policy for different stages in the entrepreneurial process.

Survival and Growth of Independent Firms and Corporate Affiliates in Metro and Nonmetro America

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Publisher :
ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.3/5 (243 download)

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Book Synopsis Survival and Growth of Independent Firms and Corporate Affiliates in Metro and Nonmetro America by : Daniel L. Milkove

Download or read book Survival and Growth of Independent Firms and Corporate Affiliates in Metro and Nonmetro America written by Daniel L. Milkove and published by . This book was released on 1978 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Origin and Evolution of New Businesses

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Publisher : Oxford University Press
ISBN 13 : 0199883572
Total Pages : 434 pages
Book Rating : 4.1/5 (998 download)

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Book Synopsis The Origin and Evolution of New Businesses by : Amar V. Bhide

Download or read book The Origin and Evolution of New Businesses written by Amar V. Bhide and published by Oxford University Press. This book was released on 2003-10-16 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is this mysterious activity we call entrepreneurship? Does success require special traits and skills or just luck? Can large companies follow their example? What role does venture capital play? In a field dominated by anecdote and folklore, this landmark study integrates more than ten years of intensive research and modern theories of business and economics. The result is a comprehensive framework for understanding entrepreneurship that provides new and penetrating insights. Examining hundreds of successful ventures, the author finds that the typical business has humble, improvised origins. Well-planned start-ups, backed by substantial venture capital, are exceptional. Entrepreneurs like Bill Gates and Sam Walton initially pursue small, uncertain opportunities, without much capital, market research, or breakthrough technologies. Coping with ambiguity and surprises, face-to-face selling, and making do with second-tier employees is more important than foresight, deal-making, or recruiting top-notch teams. Transforming improvised start-ups into noteworthy enterprises requires a radical shift, from "opportunistic adaptation" in niche markets to the pursuit of ambitious strategies. This requires traits such as ambition and risk-taking that are initially unimportant. Mature corporations have to pursue entrepreneurial activity in a much more disciplined way. Companies like Intel and Merck focus their resources on large-scale initiatives that scrappy entrepreneurs cannot undertake. Their success requires carefully chosen bets, meticulous planning, and the smooth coordination of many employees rather than the talents of a driven few. This clearly and concisely written book is essential for anyone who wants to start a business, for the entrepreneur or executive who wants to grow a company, and for the scholar who wants to understand this crucial economic activity.

Competence of Top Management Teams and Success of New Technology-Based Firms

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Publisher : Springer Science & Business Media
ISBN 13 : 3835055038
Total Pages : 325 pages
Book Rating : 4.8/5 (35 download)

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Book Synopsis Competence of Top Management Teams and Success of New Technology-Based Firms by : Jan Brinckmann

Download or read book Competence of Top Management Teams and Success of New Technology-Based Firms written by Jan Brinckmann and published by Springer Science & Business Media. This book was released on 2008-01-17 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jan Brinckmann analyzes how competencies of founders of new technology-based firms affect the development of their ventures. The research is grounded in competence-related literature and combines insights from entrepreneurship and management research.

The Inversion Factor

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Publisher : MIT Press
ISBN 13 : 026253598X
Total Pages : 241 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis The Inversion Factor by : Linda Bernardi

Download or read book The Inversion Factor written by Linda Bernardi and published by MIT Press. This book was released on 2018-09-11 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why companies need to move away from a “product first” orientation to pursuing innovation based on customer need. In the past, companies found success with a product-first orientation; they made a thing that did a thing. The Inversion Factor explains why the companies of today and tomorrow will have to abandon the product-first orientation. Rather than asking “How do the products we make meet customer needs?” companies should ask “How can technology help us reimagine and fill a need?” Zipcar, for example, instead of developing another vehicle for moving people from point A to point B, reimagined how people interacted with vehicles. Zipcar inverted the traditional car company mission. The authors explain how the introduction of “smart” objects connected by the Internet of Things signals fundamental changes for business. The IoT, where real and digital coexist, is powering new ways to meet human needs. Companies that know this include giants like Amazon, Airbnb, Uber, Google, Tesla, and Apple, as well as less famous companies like Tile, Visenti, and Augury. The Inversion Factor offers a roadmap for businesses that want to follow in their footsteps. The authors chart the evolution of three IoTs—the Internet of Things (devices connected to the Internet), the Intelligence of Things (devices that host software applications), and the Innovation of Things (devices that become experiences). Finally, they offer a blueprint for businesses making the transition to inversion and interviews with leaders of major companies and game-changing startups.