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Business creation in the United States Panel Study of Entrepreneurial Dynamics II initial assessment
- Author / Creator
- Available as
- Online
- Summary
-
PSED II began in 2005 with the selection of a cohort of 1,214 nascent entrepreneurs chosen from a representative sample of 31,845 adults. The first 12 month follow-up interviews were completed with...
PSED II began in 2005 with the selection of a cohort of 1,214 nascent entrepreneurs chosen from a representative sample of 31,845 adults. The first 12 month follow-up interviews were completed with 80% of the original cohort. The project is designed to replicate, with appropriate methodological improvements, PSED I. The PSED provides a unique, unprecedented description of the initial stages of the entrepreneurial process. The results suggest that prior experience and an appropriate strategy are critical for completing a new firm birth; personal attributes, motivations, and contexts seem to have minimal effect. The PSED findings have substantial implications for policy makers who wish to improve the capacity of the US entrepreneurial sector to confront global competitive threats with a steady flow of new and innovative firms.
Details
- Creator
- Paul D. Reynolds and Richard T. Curtin
- Format
- Books
- Language
- English
- Contributors
- Publication
-
- Hanover, Mass. : Now Publishers, c2008
- Physical Details
-
- 1 online resource (p. 156-307)
- ISBNs
- 9781601980977, 9781601980960
- Includes bibliographical references (p. 304-307).
- Abstract -- Understanding entrepreneurship and the missing link -- Research program overview -- Participation in the start-up process -- Nascent entrepreneurs -- Nascent enterprises -- Start-up teams: size, ownership, and family relationships -- Nature of the nascent business entity -- Strategic and market orientation -- Growth and market impact -- Start-up activities -- Sweat equity: start-up team investments of time and money -- Overview -- Status after the initial follow-up -- Conception of the start-up -- Identifying the current status of the start-up initiative -- Outcome status -- Overview -- Costs of participation -- Start-up initiative and informal contributions -- Aggregate informal contributions -- Overview and commentary -- High impact nascent enterprises -- Nascent entrepreneur -- Start-up team -- Nascent enterprise -- Emphasis in the start-up process -- Outcomes: first year status -- Overview -- Overview and implications -- A: Procedural differences: PSED I and PSED II -- B: PSED I prevalence rates with adjustments for screening item wording -- C: Aggregate informal sweat equity investment estimates: PSED I and PSED II cohorts -- D: PSED II data sets -- E: Publications and papers based on the panel study entrepreneurial dynamics -- Acknowledgements -- References -- Updates