Consolidation period in new ventures: How long does it take to establish a start-up?

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

Starting up a new venture is seen in the recent literature on the subject as a process in which the entrepreneur must find, evaluate, develop and finally implement an opportunity. The process is finally concluded when the new venture has consolidated its position on the market. The present study assumes that a start-up is established on the market when its organisational structure has stabilised. From this stage of consolidation the firm has become a stable, functional and operating venture and its firm size has matured. To measure the length of the development until the stage of consolidation, the study analyses the development of the number of employees over time. The findings indicate that start-ups have managed to establish themselves on the market on average within five years. This consolidation period can vary slightly according to gender, business field and some other factors analysed in this study.

Original languageEnglish
JournalInternational Journal of Entrepreneurial Venturing
Volume5
Issue number4
Pages (from-to)369-390
Number of pages22
ISSN1742-5360
DOIs
Publication statusPublished - 2013

    Research areas

  • Entrepreneurship - start-up development, growth phase, consolidation period, stage models, Entrepreneurial process, Entrepreneurship, Established start-ups, Firm size, Growth phase, Life cycle models, New venture development, New ventures, Organisational life cycle, Panel data, Small and medium-sized enterprises, Small firms, SMEs, Stage models, Start-ups

DOI

Recently viewed

Researchers

  1. Roland Rink

Publications

  1. Telomere length and environmental conditions predict stress levels but not parental investment in a long-lived seabird
  2. Correction to
  3. The effects of pre-intervention mindset induction on a brief intervention to increase risk perception and reduce alcohol use among university students
  4. Estimation of baseflow and water transfer in karst catchments in Mediterranean Turkey by nonlinear recession analysis
  5. Notting Hill Gate 3 Basic
  6. Steering for sustainable development
  7. B7-H1 Selectively Controls TH17 Differentiation and Central Nervous System Autoimmunity via a Novel Non-PD-1-Mediated Pathway
  8. Standing up against Discrimination and Exclusion
  9. Absorbing the gaze, scattering looks
  10. Mythen der Edda in der deutschen Dichtung
  11. "I put in effort, therefore I am passionate": Investigating the path from effort to passion in entrepreneurship
  12. The Boundary Objects Concept: Theorizing Film and Media.
  13. Accelerated increase in plant species richness on mountain summits is linked to warming
  14. Die Liebe der Soziologie
  15. Weibliche Medien um 1900
  16. Silence, remembering, and forgetting in Wittgenstein, Cage, and Derrida
  17. Seabirds as a subsistence and cultural resource in two remote Alaskan communities
  18. 'Where is everybody?' An empirical appraisal of occurrence, prevalence and sustainability of technological species in the Universe
  19. Priming of CD8+ T-cell responses after DNA immunization is impaired in TLR9- and MyD88-deficient mice.
  20. Commentaries on articles 49-52 of the statute of the International Court of Justice
  21. Innovation for Sustainability
  22. Ego depletion and the use of mental contrasting
  23. By Means of Which
  24. Neighbourhood‐mediated shifts in tree biomass allocation drive overyielding in tropical species mixtures
  25. Becoming prosumer
  26. Future and organization studies
  27. Cultural stability, managerial behavior, and employee attitudes in M&A projects
  28. Resultant (moral) luck: Post hoc decision evaluation as dependent on belief truth, belief justification, and outcome in moral and prudential situations