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Firm and industry effects on firm performance: a generalization and extension for new ventures
Our study extends a long-running debate into the domain of entrepreneurship by examining firm and industry effects on the performance of new ventures. We examine to what extent firm and industry levels explain sales, sales growth, and survival among 7,256 young Swedish firms over a five-year period, and compare these findings to a sample of 12,692 established firms. We found that the industry level matters little for the survival of either sample of firms, and industry membership matters less for the sales and sales growth of new ventures than for established firms. Post hoc analysis revealed that size affects new venture performance, and that new venture funding is related to both sales and survival. At a broad level, our findings shed new light on the roles of the liabilities of newness and smallness for the performance of new ventures..Printed journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | New York: John Wiley & Sons 2009 |
|---|---|
| Edisi | Vol. 3, No. 1, March 2009 |
| Subjek | Firm effects Industry effects New venture performance Liability of newness Liability of smallness |
| ISBN/ISSN | 1932-4391 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 18 p. |
| Info Detail Spesifik | Strategic Entrepreneurship Journal |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |