The effectiveness of guided preparation programs for the long-term performance of new ventures is investigated. Guided preparation is the entrepreneur’s research, planning, and other activities engaged in prior to startup, conducted with the assistance of an outside advisor. Many such forms of...

This article explores the variables that drive small firms to choose quasi- integration as an alternative to vertical integration in situations of high asset frequency. Our study provides new insights by focusing on (1) the preferences of small, vulnerable firms, and (2) an institutionalized...