The age-effect of financial indicators as buffers against the liability of newness ☆

By Johan Wiklund, T. Baker, Dean A. Shepherd. 2010

279 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/69abc4746c55168d612ef6fa017bc8c08e4505ec

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Citations in the corpus

Beyond environmental scarcity: Human and social capital as driving forces of bootstrapping activities (2014, unknown): “During the turbulent phase of organizational emergence, most nascent firms have to overcome the initial lack of substantial managerial, financial, organizational, and physical resources, which is usually supplemented by the burden of lacking legitimacy in the eyes of important resource providers (St”
Life After Business Failure (2013, background): “…because failure is a more frequent occurrence for the former (e.g., due to the liabilities of newness and smallness; Aldrich & Auster, 1986; Wiklund et al., 2010) and because the individual and his or her business are more tightly entwined (e.g., the entrepreneur is often both owner and…”
A study of the moderating effects of firm age at internationalization on firm survival and short‐term growth (2010, methodology): “A lack of resources and capabilities can be hazardous for new fi rms (Wiklund, Baker, and Shepherd, 2010), making the decision to internationalize a particularly risky activity.”
The Importance of Slack for New Organizations Facing ‘Tough’ Environments (2010, background): “This lower level of liquidity could be a negative signal of legitimacy to potential investors, suppliers, and customers that the new firm may not be able to meet commitments when they come due (Wiklund et al., 2010).”
Different Strokes for Different Folks: Entrepreneurial Narratives of Emotion, Cognition, and Making Sense of Business Failure (2015, background): “With the high rate of business failure in most economies (Brüderl et al., 1992; Wiklund et al., 2010), there is an urgent need for “a deeper conceptualization of the process and content dimensions of learning”
The influence of firm age and intangible resources on the relationship between entrepreneurial orientation and firm growth among Japanese SMEs (2013, background): “Resource endowments encompass both tangible and intangible resources (Wiklund et al., 2010), as well as the firm's unencumbered resources, or slack (George, 2005); all of which meaningfully influence the EO-performance relationship (Covin and Slevin, 1991).”