A contingency approach to small-scale business success: A longitudinal study on the effects of environmental hostility and uncertainty on the relationship of planning and success.

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Planning, environmental conditions and their impact on success of 104 small scale enterprises were studied within a longitudinal design. There was a positive relationship between detailedness of planning and success in the first wave. In both waves environmental hostility and uncertainty (i.e. an unfavorable environment) moderated the relationship between planning and success. There was no direct long-term effect of planning on success. However, there were significant contempaneous moderator effects with high planning being particularly important for having success in unfavorable environments. Thus, this study supports a contingency view on the relationship between planning and success.
Original languageEnglish
Title of host publicationFrontiers of Entrepreneurship Research 1998
EditorsP.D. Reynolds, W.D. Bygrave, N.M. Carter, S. Manigart, C.M. Mason, G.D. Meyer, K.G. Shaver
Number of pages11
Place of PublicationWellesley
PublisherBabson College
Publication date1998
Pages190-200
ISBN (Print)0910897190
Publication statusPublished - 1998
Externally publishedYes

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