Configurations of business founder resources, strategy, and environment determining new venture performance

Jonas Debrulle, Paul Steffens, Koen de Bock, Sophie de Winne and Johan Maes

Post-Print from HAL

Abstract: We advance a configurational perspective that assumes a new venture's performance, operationalized as profitability in this study, is determined by interdependencies among its founder(s)'s resources (i.e., human, social, and financial capital), its strategy, and environmental munificence. Using Rule Ensembles, a semiparametric set-theoretic method, we conduct an abductive investigation using a sample of 853 new ventures. The Rule Ensembles technique identifies five multivariate interdependencies (rules) that enhance new venture profitability and two that reduce it. Indicators of business founder resources are involved in all of the seven model rules. Four configurational rules, including a strategy and/or environmental component, equally emerge.

Date: 2020-11-20
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Published in Journal of Small Business Management, 2020, 61 (2), pp.1023-1061. ⟨10.1080/00472778.2020.1831807⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:hal-03132900

DOI: 10.1080/00472778.2020.1831807

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().