We outline and test a decision-making theory of new venture growth and survival. Building upon research in entrepreneurship and decision making under risk, we hypothesize that entrepreneurs' attention to survival and aspiration reference points changes based on venture age (experience-based...

This paper tests the presence of an ‘entrepreneurial imprinting effect' of founders' human capital on entrepreneurial ventures' sales growth performance. More specifically, we disentangle the effect of the stock of human capital possessed at foundation from the potential injections and losses...

Despite the attention paid by academics to the study of the determinants and growth consequences of entrepreneurs' planning behavior, the convenience of engaging in planning activities is still an open debate in the entrepreneurship literature. In this paper, we analyze how institutional and...

Objective: To explore the use of organisational learning practices in start-up growth by focusing on start-up development stages and the 4I framework of organisational learning. Research Design & Methods: The qualitative analysis was performed based on seven case studies: Lithuanian...

This survey paper aims at critically discussing the recent literature on firm formation and survival and the growth of new-born firms. The basic purpose is to single out the microeconomic entrepreneurial foundations of industrial dynamics (entry and exit) and to characterise the founder's...

We investigate upon the shape and the determinants of the age distribution of business firms. By employing a novel dataset covering the population of French businesses, we highlight that a geometric law provides a reasonable approximation for the age distribution. However, relevant systematic...

We examine market selection mechanisms and their strength for a representative cohort of US new independent firms. In particular, we explore whether and how effectively markets reward newly-born firms according to their "fitness" in terms of both labour productivity and profitability. Our...

Policymakers in several countries have recently taken steps to promote the rapid export expansion of small- and medium-sized enterprises (SMEs). The goal of these policies has been to create successful export-intensive firms, which are often referred to as born globals. These measures are...

Policymakers in several countries have recently taken steps to promote the rapid export expansion of high-tech small- and medium-sized enterprises (SMEs). The goal of these policies has been to create successful export-intensive firms, which are often referred to as born globals. To the best of...

Entrepreneurial curiosity is an entrepreneurial-psychology related construct that measures a level of entrepreneurial curiosity among entrepreneurs. Key research objectives of the study were to empirically test how two independent constructs as openness and company's growth are connected to...