Managerial Determinants of Decision Speed in New Ventures  

Oleh:

Forbes, Daniel P.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 26 no. 4 (Apr. 2005), page 355-366.
Topik: Managerial; decision making; speed; new ventures; entrepreneurship

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.18 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This study helps to explain why some new ventures make strategic decisions more quickly than others. Drawing on life course theory and human capital theory, I develop a model of how entrepreneurs' individual characteristics affect new venture decision speed. I test the modelusing survey data from 98 internet startups and their founder / managers. Results show that firms made faster decisions when they were managed by older entrepreneus and by those with prior entrepreneurial experience. In addition, exploratory analyses indicatijng that fast decision - making firms were more likely to close may indicate that prevailing theory in this area is contextually limited.

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