The influence of guided preparation on the long-tenn perfonnance of new ventures

被引：135

作者：

Chrisman, JJ ^{[1
]}

McMullan, E

Hall, J

机构：

[1] Mississippi State Univ, Coll Business & Ind, Dept Management & Informat Syst, Mississippi State, MS 39762 USA

[2] Univ Calgary, Haskayne Sch Business, Calgary, AB T2N 1N4, Canada

来源：

JOURNAL OF BUSINESS VENTURING | 2005年 / 20卷 / 06期

关键词：

guided preparation; performance; new ventures;

D O I：

10.1016/j.jbusvent.2004.10.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This article further develops a theory of guided preparation and new venture performance and tests its fundamental relationships on a sample of 159 new ventures that received outsider assistance 5-9 years earlier and had been in business for 3-8 years. The results suggest that the long-term growth of the ventures since start-up is significantly related to guided preparation. However, a curvilinear model rather, than a linear model, was found to best capture the relationships of interest. This suggests that there are diminishing marginal returns associated with guided preparation and that too much may even have a negative influence on performance. (c) 2004 Elsevier Inc. All rights reserved.

引用

页码：769 / 791

页数：23