Strategies, uncertainty and performance of small business startups
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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in: Small Business Economics, Jahrgang 15, Nr. 3, 01.11.2000, S. 165-181.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - Strategies, uncertainty and performance of small business startups
AU - van Gelderen, Marco
AU - Frese, Michael
AU - Thurik, Adriaan R.
N1 - 35 Blätter!
PY - 2000/11/1
Y1 - 2000/11/1
N2 - Personal strategies of owners/founders of small business startups are related to performance and to environmental uncertainty. This is done using a longitudinal data set. Personal strategies are operationalized by a behavioral measure of the manners in which small business founders deal with situations. The results suggest a dynamic process between strategy and performance. Business owners that perform poorly employ a Reactive Strategy, with poor performance leading to increased use of reactive behavior. High performing business owners start out focussing on the most crucial issues (Critical Point Strategy), with high performance leading to a more top-down (Complete Planning) approach. These relations are controlled for characteristics of the environment of the firm. Strategy use is dependent upon the type and level of environmental uncertainty. Complete Planning strategy is used less frequently in a fast changing environment and more often in complex environment. Use of Opportunistic Strategy is negatively related to the complexity of the environment, while the Reactive Strategy is used more frequently in a non-munificient environment.
AB - Personal strategies of owners/founders of small business startups are related to performance and to environmental uncertainty. This is done using a longitudinal data set. Personal strategies are operationalized by a behavioral measure of the manners in which small business founders deal with situations. The results suggest a dynamic process between strategy and performance. Business owners that perform poorly employ a Reactive Strategy, with poor performance leading to increased use of reactive behavior. High performing business owners start out focussing on the most crucial issues (Critical Point Strategy), with high performance leading to a more top-down (Complete Planning) approach. These relations are controlled for characteristics of the environment of the firm. Strategy use is dependent upon the type and level of environmental uncertainty. Complete Planning strategy is used less frequently in a fast changing environment and more often in complex environment. Use of Opportunistic Strategy is negatively related to the complexity of the environment, while the Reactive Strategy is used more frequently in a non-munificient environment.
KW - Entrepreneurship
KW - Small Business
KW - Reactive Strategy
KW - Action Strategy
KW - Strategic Management Journal
KW - Environmental Uncertainty
UR - http://www.scopus.com/inward/record.url?scp=0034557205&partnerID=8YFLogxK
U2 - 10.1023/A:1008113613597
DO - 10.1023/A:1008113613597
M3 - Journal articles
VL - 15
SP - 165
EP - 181
JO - Small Business Economics
JF - Small Business Economics
SN - 0921-898X
IS - 3
ER -