The question of which factors contribute to success or failure in starting a business is investigated utilizing Gartner's (1985) framework, which suggests that start-up efforts differ with regard to characteristics of the individual who starts the venture, the organization they create, the...

The relationship betwwen outcome status and encountered problems in the business start-up process is investigated. Contrary to expectations, we find that starter do not substantially differ from quitters in the number and type of problems encountered, and that problems encountered generally do...

We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...