Impact of Initial Conditions on New Venture Success: A Longitudinal Study of New Technology-Based Firms

Jian Gao, Jun Li, Yuan Cheng, Shude Shi

Research output: Contribution to journalArticlepeer-review

12 Citations (Scopus)

Abstract

This article examines the relationship between initial conditions and new venture performance. The study uses a longitudinal study of 92 new ventures in Beijing Overseas Students Pioneer Park at Haidian. This study finds that new venture performance is significantly impacted by the venture's initial conditions. Additionally, the effects of initial conditions are found to decrease as the entrepreneurial process continues. It is also found that new venture performance is impacted more significantly by factors relating to entrepreneurial quality and characteristics of the venture.

Original languageEnglish
Pages (from-to)41-56
Number of pages16
JournalInternational Journal of Innovation Management
Volume14
Issue number1
DOIs
Publication statusPublished - 1 Feb 2010
Externally publishedYes

Fingerprint

Dive into the research topics of 'Impact of Initial Conditions on New Venture Success: A Longitudinal Study of New Technology-Based Firms'. Together they form a unique fingerprint.

Cite this