Does venture opportunity variation matter? Investigating systemic process differences between innovative and imitative new ventures
Samuelsson, Mikael & Davidsson, Per (2011) Does venture opportunity variation matter? Investigating systemic process differences between innovative and imitative new ventures. In Davidsson, Per & Gordon, Scott R. (Eds.) Nascent Entrepreneurship. Edward Elgar, pp. 435-461.
The central thesis in the article is that the venture creation process is different for innovative versus imitative ventures. This holds up; the pace of the process differs by type of venture as do, in line with theory-based hypotheses, the effects of certain human capital (HC) and social capital (SC) predictors. Importantly, and somewhat unexpectedly, the theoretically derived models using HC, SC, and certain controls are relatively successful explaining progress in the creation process for the minority of innovative ventures, but achieve very limited success for the imitative majority. This may be due to a rationalistic bias in conventional theorizing and suggests that there is need for considerable theoretical development regarding the important phenomenon of new venture creation processes. Another important result is that the building up of instrumental social capital, which we assess comprehensively and as a time variant construct, is important for making progress with both types of ventures, and increasingly, so as the process progresses. This result corroborates with stronger operationalization and more appropriate analysis method what previously published research has only been able to hint at.
Impact and interest:
Citation counts are sourced monthly from and citation databases.
These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.
Citations counts from theindexing service can be viewed at the linked Google Scholar™ search.
|Item Type:||Book Chapter|
|Additional Information:||Originally published as: Samuelsson, M., & Davidsson, P. (2009). Does venture opportunity variation matter? Investigating systemic process differences between innovative and imitative new ventures. Small Business Economics, 33, 229 – 255.
|Keywords:||Entrepreneurship, New Venture Creation , Venture Opportunity Variation , Longitudinal Growth Modelling|
|Subjects:||Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Entrepreneurship (150304)|
|Divisions:||Current > Research Centres > Australian Centre for Entrepreneurship
Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Management
|Deposited On:||30 Mar 2012 04:22|
|Last Modified:||17 Aug 2016 15:45|
Repository Staff Only: item control page