New venture survival: Ignorance, external shocks, and risk reduction strategies

By Dean A. Shepherd, E. Douglas, Mark T. Shanley. 2000

683 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/2224a1d335a9c7c9836aa9e1ede92ef613e285a3

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Citations in the corpus

Business Incubation Centers and New Firm Growth in the Basque Country (2004, background): “All these services and networking opportunities offered by the incubation center contribute positively to firm mortality risk reduction (Shepherd et al., 2000).”
Perceived progress variability and entrepreneurial effort intensity: The moderating role of venture goal commitment (2015, background): “In the early phase of new venture implementation where uncertainties abound and mortality rate is high (Shepherd et al., 2000), entrepreneurs need to exert considerable amount of effort to give their startup ventures a fighting chance to succeed (Carter et al., 1996; Foo et al., 2006; Gatewood et…”
Trademarks and Venture Capital Valuation (2014, neutral): “Start-ups are new to the marketplace and do not have an observable track record (Hannan and Freeman, 1984; Morse et al., 2007; Shepherd et al., 2000) that the VCs can use as a criterion tomake their investment decisions (Macmillan et al., 1985;Muzyka et al., 1996).”
Business angels and value added: what do we know and where do we go? (2008, background): “Smaller firms are also generally characterized by a lack of internal resources, and there is often a lack of knowledge in critical management areas such as finance and marketing (Shepherd, Douglas, and Shanley 2000; Brush, Green, and Hart, 2001).”
When should entrepreneurs expedite or delay opportunity exploitation (2008, background): “They are uncertain about the level of efficiency, reliability and predictability at which the new firm can produce its product ( Shepherd et al., 2000 ).”
Enterprising Families Domain: Family-Influenced Ownership Groups in Pursuit of Transgenerational Wealth (2002, background): “According to Shepherd, Douglas, and Shanley (2000), firm disappearance is only a “failure” when a firm disappears due to financial exigency.”
Tough Love: How Communal Schemas and Contracting Practices Build Relational Capital in Entrepreneurial Teams (2009, background): “In a new venture novelty can take three forms: team based, market based, and management based (Shepherd et al., 2000).”
Entrepreneurs’ attitudes towards failure – an experiential learning approach (2007, background): “Entrepreneurial activities are for example often associated with high stress, a multiplicity of obstacles, and a high uncertainty regarding outcomes (Shepherd et al., 2000; Schindelhutte et al., 2005).”
The age-effect of financial indicators as buffers against the liability of newness ☆ (2010, background): “Financial slack – particularly cash – is often viewed as central to new firm survival (e.g., Shepherd et al., 2000) and there is a substantial literature showing that the access to financial slack has performance implications (e.g., George, 2005).”