Setting Up a Business in the Netherlands: Who Starts, Who Gives Up, Who is Still Trying

Posted: 4 Nov 2009

See all articles by Marco van Gelderen

Marco van Gelderen

Massey University

Roy Thurik

Montpellier Business School; Erasmus University Rotterdam (EUR) - Centre for Advanced Small Business Economics (CASBEC); Erasmus Research Institute of Management (ERIM); EIM Netherlands - Business and Policy Research; Tinbergen Institute

Date Written: 2001

Abstract

Because of poor economic growth and high unemploymentin many European countries, including the Netherlands, entrepreneurialendeavors have begun to increase.The behavior of nascent entrepreneursduring the pre-startup and startup phases of a new firm is important for firmsuccess.However, little is known about what types of behaviors orcharacteristics predict pre-startup success or failure. Pre-startup performanceis examined, including the entrepreneur's personal characteristics, the firmenvironment, utilized strategies, and capital resources. To understand the characteristics of Dutch nascent entrepreneurs in thepre-startup phase, random phone surveys were initiallyconducted.Participants were separated into three groups:nascententrepreneurs (pre-startup), entrepreneurs (startup), and controls (no currentbusiness plans).Follow-up surveys were completed to track the progressand success of the participants. Among nascent entrepreneurs, the results indicated that success wasdetermined by the following factors: in a manufacturing business,thinking of oneself as an entrepreneur, industry experience, and utilizingpersonal capital. The results also indicate that women need more startup time;third party loans and higher startup capital are correlated to failure; andprevious industry experience yields a higher rate of success. (AKP)

Keywords: Entrepreneurial Research Consortium, Pre-startup performance, Personal capital, Work experience, Firm performance, Startups, Capital, Early stage capital, Gender

Suggested Citation

Gelderen, Marco van and Thurik, Roy, Setting Up a Business in the Netherlands: Who Starts, Who Gives Up, Who is Still Trying (2001). University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship, Available at SSRN: https://ssrn.com/abstract=1497828

Marco van Gelderen (Contact Author)

Massey University ( email )

College of Business, School of Management
Albany Campus
Auckland
New Zealand

Roy Thurik

Montpellier Business School

France

Erasmus University Rotterdam (EUR) - Centre for Advanced Small Business Economics (CASBEC) ( email )

3000 DR Rotterdam
Netherlands
+31 10 408 2232 (Phone)
+31 10 408 9146 (Fax)

HOME PAGE: http://www.thurik.com

Erasmus Research Institute of Management (ERIM) ( email )

P.O. Box 1738
3000 DR Rotterdam
Netherlands

EIM Netherlands - Business and Policy Research

Postbus 7001
2701 AA Zoetermeer
Netherlands
+31 79 341 3634 (Phone)
+31 79 331 3742 (Fax)

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

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