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Start-Up Actions and Outcomes - What Entrepreneurs Do to Reach Profitability (Paperback)
Loot Price: R2,140
Discovery Miles 21 400
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Start-Up Actions and Outcomes - What Entrepreneurs Do to Reach Profitability (Paperback)
Series: Foundations and Trends in Entrepreneurship
Expected to ship within 10 - 15 working days
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The primary objective of Start-up Actions and Outcomes: What
Entrepreneurs Do to Reach Profitability is to provide a description
of the firm creation process based on five harmonized data sets
from four countries that track the business creation process. The
second objective is to explore the role of start-up activities on
the outcomes for these nascent ventures. Outcomes include not only
whether they reach profitability or disengage but how long it takes
to achieve a resolution. The sooner a start-up team can determine
if a nascent venture is profitable or hopeless, the lower the sunk
costs. The presentation begins with a review of the
conceptualization of business creation. This is followed by a
discussion of assessments of the role of business planning, the
start-up activity that has received the most attention in relation
to outcomes. A summary of the Panel Study of Entrepreneurial
Dynamics (PSED) protocol describes the basis for the five cohort
data set. To identify the impact of different background factors
and start-up domains on outcomes, two assessments are completed.
First, linear additive models are developed using stepwise
regression. Second, interactions among factors are identified using
a three level decision tree assessment. In both, there are major
differences related to the host country and the total amount of
start-up activity. To identify the impact of specific start-up
domains, the assessments are replicated without measures of total
start-up activity. The final section summarizes the major patterns
and the implications for those starting new firms, developing
public policy, or planning the next stages of research.
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