Impact of Initial Conditions on New Venture Success: A Longitudinal Study of New Technology-Based Firms

International Journal of Innovation Management (IJIM), Forthcoming

Posted: 2 Jun 2011

See all articles by Jun Li

Jun Li

University of Essex - Essex Business School

Yuan Cheng

Tsinghua University - School of Economics & Management

Shude Shi

affiliation not provided to SSRN

Jian Gao

Tsinghua University - School of Economics & Management

Date Written: February 1, 2010

Abstract

This article examines the relationship between initial conditions and new venture performance. The study uses a longitudinal study of 92 new ventures in Beijing Overseas Students Pioneer Park at Haidian. This study finds that new venture performance is significantly impacted by the venture's initial conditions. Additionally, the effects of initial conditions are found to decrease as the entrepreneurial process continues. It is also found that new venture performance is impacted more significantly by factors relating to entrepreneurial quality and characteristics of the venture.

Keywords: initial conditions, new venture performance, Beijing Overseas Students Pioneer Park, longitudinal study

Suggested Citation

Li, Jun and Cheng, Yuan and Shi, Shude and Gao, Jian, Impact of Initial Conditions on New Venture Success: A Longitudinal Study of New Technology-Based Firms (February 1, 2010). International Journal of Innovation Management (IJIM), Forthcoming, Available at SSRN: https://ssrn.com/abstract=1856419

Jun Li (Contact Author)

University of Essex - Essex Business School ( email )

Wivenhoe Park
Colchester, CO4 3SQ
United Kingdom

Yuan Cheng

Tsinghua University - School of Economics & Management ( email )

Beijing, 100084
China

Shude Shi

affiliation not provided to SSRN ( email )

Jian Gao

Tsinghua University - School of Economics & Management ( email )

Beijing, 100084
China

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
357
PlumX Metrics