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Small Business Economics

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01.11.2012

Panel studies of new venture creation: a methods-focused review and suggestions for future research

verfasst von: Per Davidsson, Scott R. Gordon

Erschienen in: Small Business Economics | Ausgabe 4/2012

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Abstract

Longitudinal panel studies of large, random samples of business start-ups captured at the pre-operational stage allow researchers to address core issues for entrepreneurship research, namely, the processes of creation of new business ventures as well as their antecedents and outcomes. Here, we perform a methods-orientated review of all 83 journal articles that have used this type of data set, our purpose being to assist users of current data sets as well as designers of new projects in making the best use of this innovative research approach. Our review reveals a number of methods issues that are largely particular to this type of research. We conclude that amidst exemplary contributions, much of the reviewed research has not adequately managed these methods challenges, nor has it made use of the full potential of this new research approach. Specifically, we identify and suggest remedies for context-specific and interrelated methods challenges relating to sample definition, choice of level of analysis, operationalization and conceptualization, use of longitudinal data and dealing with various types of problematic heterogeneity. In addition, we note that future research can make further strides towards full utilization of the advantages of the research approach through better matching (from either direction) between theories and the phenomena captured in the data, and by addressing some under-explored research questions for which the approach may be particularly fruitful.

Vorheriger Artikel Social capital of venture capitalists and start-up funding

Nächster Artikel Knowledge context and entrepreneurial intentions among students

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Research based on GEM is not included in our review as GEM data do not follow cases longitudinally on the micro-level.

Following Davidsson (2004), we associate “discovery” with the conceptual side of venture creation—identification, refinement and elaboration of a business idea—whereas “exploitation” refers to the tangible actions of resource acquisition, resource coordination and market making.

We have accepted this as an outcome because of how it has been interpreted by authors applying it; however, we have classified articles using only the reaching of discrete, non-financial milestones as DV in the Process category.

Neither did we code for the use of the “KSCLEANS” program for eliminating cases with inconsistent data in PSED (see http://shaverk.people.cofc.edu).

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Titel: Panel studies of new venture creation: a methods-focused review and suggestions for future research
verfasst von: Per Davidsson
Scott R. Gordon
Publikationsdatum: 01.11.2012
Verlag: Springer US
Erschienen in: Small Business Economics / Ausgabe 4/2012
Print ISSN: 0921-898X
Elektronische ISSN: 1573-0913
DOI: https://doi.org/10.1007/s11187-011-9325-8

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