Management Support and the Performance of Entrepreneurial Start-ups - An Empirical Analysis of Newly Founded Companies in Germany

Stephan Stubner, Torsten Wulf and Harald Hungenberg

Schmalenbach Business Review (sbr), 2007, vol. 59, issue 2, 138-159

Abstract: We analyze the relationship between management support offered by venture capital firms and the performance of entrepreneurial start-ups. Based on the reasoning of the resource-based view, we use a sample of 106 German start-up companies to derive and empirically test several hypotheses. Our results show that the quality of management support offered by venture capital firms has an impact on start-up performance. However, we cannot find clear moderating effects of founder team and company-specific variables. We discuss and interpret these results and their implications for practice.

Keywords: Empirical Analysis; Entrepreneurial Start-ups; Management Support; Venture Capital Firm (search for similar items in EconPapers)
JEL-codes: C42 L14 L25 L84 M13 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sbr:abstra:v:59:y:2007:i:2:p:138-159

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