Personal characteristics, resources, and environment as predictors of business survival
Although new venture success is frequently investigated in entrepreneurship, economics, and psychology, the studies published to date vary widely in their theoretical basis, study design, and research methodology. Based on organizational life‐cycle theory and interactional personality theory, this l...
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| Veröffentlicht in: | Journal of occupational and organizational psychology 2010-12, Vol.83 (4), p.1025-1051 |
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| container_issue | 4 |
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| container_title | Journal of occupational and organizational psychology |
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| creator | Korunka, Christian Kessler, Alexander Frank, Hermann Lueger, Manfred |
| description | Although new venture success is frequently investigated in entrepreneurship, economics, and psychology, the studies published to date vary widely in their theoretical basis, study design, and research methodology. Based on organizational life‐cycle theory and interactional personality theory, this longitudinal study analyses predictors of venture survival. Of 354 small business owners observed over 8 years, 283 (79.9%) still had active businesses at the end of the observation period. A survey instrument was developed to measure the relevant characteristics of the entrepreneurs, their resources, and the environment. Logistic regression models predicting medium‐ and long‐term business survival included these characteristics and the interactions between them entered stepwise as blocks. Startup decisions (line of business, type, and size of planned business) were used as control variables. Much of the variance is explained by our research model (Nagelkerkes R2=.36 for survival at 4 years, and .33 for survival at 8 years). Although long‐term business survival is predicted by the individual variables of startup size and social capital (networks), a larger part of the variance is explained by environment/resource interactions. |
| doi_str_mv | 10.1348/096317909X485135 |
| format | Article |
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Based on organizational life‐cycle theory and interactional personality theory, this longitudinal study analyses predictors of venture survival. Of 354 small business owners observed over 8 years, 283 (79.9%) still had active businesses at the end of the observation period. A survey instrument was developed to measure the relevant characteristics of the entrepreneurs, their resources, and the environment. Logistic regression models predicting medium‐ and long‐term business survival included these characteristics and the interactions between them entered stepwise as blocks. Startup decisions (line of business, type, and size of planned business) were used as control variables. Much of the variance is explained by our research model (Nagelkerkes R2=.36 for survival at 4 years, and .33 for survival at 8 years). 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Although long‐term business survival is predicted by the individual variables of startup size and social capital (networks), a larger part of the variance is explained by environment/resource interactions.</description><subject>Biological and medical sciences</subject><subject>Business</subject><subject>Business management</subject><subject>Entrepreneurs</subject><subject>Environment</subject><subject>Fundamental and applied biological sciences. Psychology</subject><subject>Miscellaneous</subject><subject>Occupational psychology</subject><subject>Organization theory</subject><subject>Organizational analysis</subject><subject>Organizational research</subject><subject>Owners</subject><subject>Psychology</subject><subject>Psychology. Psychoanalysis. Psychiatry</subject><subject>Psychology. 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Psychophysiology</topic><topic>Regression analysis</topic><topic>Resource utilization</topic><topic>Small business</topic><topic>Small businesses</topic><topic>Social networks</topic><topic>Startups</topic><topic>Studies</topic><topic>Ventures</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Korunka, Christian</creatorcontrib><creatorcontrib>Kessler, Alexander</creatorcontrib><creatorcontrib>Frank, Hermann</creatorcontrib><creatorcontrib>Lueger, Manfred</creatorcontrib><collection>Istex</collection><collection>Pascal-Francis</collection><collection>CrossRef</collection><collection>Applied Social Sciences Index & Abstracts (ASSIA)</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Journal of occupational and organizational psychology</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Korunka, Christian</au><au>Kessler, Alexander</au><au>Frank, Hermann</au><au>Lueger, Manfred</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Personal characteristics, resources, and environment as predictors of business survival</atitle><jtitle>Journal of occupational and organizational psychology</jtitle><date>2010-12</date><risdate>2010</risdate><volume>83</volume><issue>4</issue><spage>1025</spage><epage>1051</epage><pages>1025-1051</pages><issn>0963-1798</issn><eissn>2044-8325</eissn><coden>JOCCEF</coden><abstract>Although new venture success is frequently investigated in entrepreneurship, economics, and psychology, the studies published to date vary widely in their theoretical basis, study design, and research methodology. 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| source | EBSCOhost Business Source Complete; Access via Wiley Online Library; Applied Social Sciences Index & Abstracts (ASSIA) |
| subjects | Biological and medical sciences Business Business management Entrepreneurs Environment Fundamental and applied biological sciences. Psychology Miscellaneous Occupational psychology Organization theory Organizational analysis Organizational research Owners Psychology Psychology. Psychoanalysis. Psychiatry Psychology. Psychophysiology Regression analysis Resource utilization Small business Small businesses Social networks Startups Studies Ventures |
| title | Personal characteristics, resources, and environment as predictors of business survival |
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