Preparing for business start-up: 'Pre-start' activities in the new venture creation dynamic

Atherton, Andrew (2007) Preparing for business start-up: 'Pre-start' activities in the new venture creation dynamic. Journal of Small Business and Enterprise Development , 14 (3). pp. 404-417. ISSN 1462-6004

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Abstract

Purpose – The purpose of this research is to examine the activities and behaviours of potential entrepreneurs as they move towards engagement in business start-up.

Design/methodology/approach – Based on in-depth engagement with seven founders of new businesses, and informed by a review of the relevant literature.

Findings – A series of transitions towards business start-up are identified, which in turn produced a five-step framework for examining and understanding the “pre-start” phase of preparation for entrepreneurship.

Research limitations/implications – The case-based approach provided detailed and contextualised insight into how a small group of founders prepared for business start-up. There may be a need to test the framework with a larger group of business founders to assess its wider relevance and applicability.

Practical implications – The pre-start framework identifies how individuals progress towards start-up, and so could be used as the basis for a programme to encourage individuals to move through each step towards engagement in business start-up. The movement from step to step can also be used to assess overall levels of preparation for entrepreneurship within the wider population, and so has the potential to be a useful indicator of overall levels of entrepreneurial orientation.

Originality/value – The paper presents a process-focused model of the pre-start dynamic.

Item Type:Article
Additional Information:Purpose – The purpose of this research is to examine the activities and behaviours of potential entrepreneurs as they move towards engagement in business start-up. Design/methodology/approach – Based on in-depth engagement with seven founders of new businesses, and informed by a review of the relevant literature. Findings – A series of transitions towards business start-up are identified, which in turn produced a five-step framework for examining and understanding the “pre-start” phase of preparation for entrepreneurship. Research limitations/implications – The case-based approach provided detailed and contextualised insight into how a small group of founders prepared for business start-up. There may be a need to test the framework with a larger group of business founders to assess its wider relevance and applicability. Practical implications – The pre-start framework identifies how individuals progress towards start-up, and so could be used as the basis for a programme to encourage individuals to move through each step towards engagement in business start-up. The movement from step to step can also be used to assess overall levels of preparation for entrepreneurship within the wider population, and so has the potential to be a useful indicator of overall levels of entrepreneurial orientation. Originality/value – The paper presents a process-focused model of the pre-start dynamic.
Keywords:Business formation, entrepreneurialism
Subjects:N Business and Administrative studies > N100 Business studies
Divisions:College of Social Science > Lincoln Business School
ID Code:4153
Deposited By: Rosaline Smith
Deposited On:11 Mar 2011 11:16
Last Modified:18 Jul 2011 16:39

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