We compared nascent characteristics and behaviors leading to business planning activities in Sweden with the United States (US), examining the effects of institutional pressures exerted in the different countries. We analyzed institutional factors leading 362 Swedish and 347 US entrepreneurs to...

Im vorliegenden Beitrag wird der Einfluss formaler Gründungsplanung mit Hilfe von Businessplänen auf den Gründungserfolg diskutiert. In der Untersuchung der Gewinner von zwei deutschen Businessplan Wettbewerben (Berlin 1996-2004 und NUK Rheinland 1995-2006) konnten jedoch keine signifikant...

Once a foundational principle and milestone in the launch of a new business, business plans have been criticized as dinosaurs and symbols of old and stale management practices. Just push forward and fix mistakes as they come up is often the wisdom imparted by entrepreneurial gurus. While it may...

Purpose The goal of this research is to investigate the relationship between two different sets of practices, lean startup and business planning, and their relation to entrepreneurial performance. Design/methodology/approach The authors collected data from 120 entrepreneurs across the US about a...

Interdisciplinary cooperation among people trained in technical and economic fields has been identified as an important success factor in new venture teams. However, empirical findings also indicate that individuals often refuse to engage in close and trustful relationships with representatives...

One of the reasons businesses fail is that they are not adequately planned or conceived. As an entrepreneur, finance, and business management professor, I have been approached severally by startuppers to multinationals on various management and consulting projects. One thing stands out like the...