Understanding the Dynamics of Nascent Entrepreneurship—Prestart‐Up Experience, Intentions, and Entrepreneurial Success

Christian Hopp and Rolf Sonderegger

Journal of Small Business Management, 2015, vol. 53, issue 4, 1076-1096

Abstract: Understanding the factors driving the successful founding of new firms is a subject of ongoing interest. We link prestart‐up experience and intentions of nascent entrepreneurs to the shape of the entrepreneurial gestation process and eventually to successful founding. By experience, we mean previous entrepreneurial activities, labor market experience, and formal education, and by intentions, we mean commitment and ability expectations. We test our predictions on a longitudinal data set that tracks nascent entrepreneurs' venture creation efforts over a five‐year time span and find evidence supporting them. Against this background, our findings also show that when controlling for the possible endogeneity of the activities carried out, a later temporal concentration of organizing activities enhances the probability of successfully founding. Our research contributes to a better understanding of contextual antecedents of the shape of gestation process and the way experience and intentions affect the successful creation of new ventures. Implications for theory and practice are discussed.

Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://hdl.handle.net/10.1111/jsbm.12107 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:ujbmxx:v:53:y:2015:i:4:p:1076-1096

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/ujbm20

DOI: 10.1111/jsbm.12107

Access Statistics for this article

Journal of Small Business Management is currently edited by Eric Liguori

More articles in Journal of Small Business Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().