| 来源类型 | Article |
| 规范类型 | 其他 |
| DOI | 10.1007/s11187-016-9713-1 |
| ISBN | 0921-898X |
| Predicting new venture survival and growth: does the fog lift? | |
| Coad, Alex; Frankish, Julian S; Roberts, Richard G; Storey, David J | |
| 发表日期 | 2016-06-01 |
| 出处 | Small Business Economics |
| 出版者 | Springer |
| 出版年 | 2016 |
| 页码 | 217-241 |
| 语种 | 英语 |
| 摘要 | This paper investigates whether new venture performance becomes easier to predict as the venture ages: does the fog lift? To address this question we primarily draw upon a theoretical framework, initially formulated in a managerial context by Levinthal (Adm Sci Q 36(3):397–420, 1991) that sees new venture sales as a random walk but survival being determined by the stock of available resources (proxied by size). We derive theoretical predictions that are tested with a 10-year cohort of 6579 UK new ventures in the UK. We observe that our ability to predict firm growth deteriorates in the years after entry—in terms of the selection environment, the ‘fog’ seems to thicken. However, our survival predictions improve with time—implying that the ‘fog’ does lift. |
| URL | http://sro.sussex.ac.uk/id/eprint/60555/ |
| 来源智库 | Science Policy Research Unit (United Kingdom) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/468712 |
| 推荐引用方式 GB/T 7714 | Coad, Alex,Frankish, Julian S,Roberts, Richard G,et al. Predicting new venture survival and growth: does the fog lift?. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| art_10.1007_s11187-0（1725KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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