Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/wiley/managerial-determinants-of-decision-speed-in-new-ventures-gjMWqgl39h
References (40)
-
C. Brush (1992)
Market Place Information Scanning Practices of New Manufacturing VenturesJournal of Small Business Management, 30
-
Stevenson Stevenson, Gumpert Gumpert (1985)
The heart of entrepreneurshipHarvard Business Review, 63
-
T. Blum, D. Fields, Jodi Goodman (1994)
Organization-Level Determinants of Women in ManagementAcademy of Management Journal, 37
-
A. Langley (1989)
In search of rationality: the purposes behind the use of formal analysis in organizations.Administrative science quarterly, 34 4
-
DeTienne DeTienne, Shepherd Shepherd, DeCastro DeCastro (2002)
The fallacy of ‘only the strong survive’: a social cognitive perspective on the persistence of underperforming firmsFrontiers of Entrepreneurship Research, 22
-
Henry Mintzberg, Duru Raisinghani, A. Theoret (1976)
The Structure of "Unstructured" Decision ProcessesAdministrative Science Quarterly, 21
-
R. Lord, K. Maher (1990)
Alternative Information-Processing Models and Their Implications for Theory, Research, and PracticeAcademy of Management Review, 15
-
M. Hitt, L. Bierman, K. Shimizu, R. Kochhar (2001)
Direct and Moderating Effects of Human Capital on Strategy and Performance in Professional Service Firms: A Resource-Based PerspectiveAcademy of Management Journal, 44
-
R. Sutton (2000)
The knowing-doing gap -
Séamus Sweeney (2001)
The new New Thing Malcolm Gladwell The tipping point: hoThe Lancet, 357
-
Nils Brunsson (1982)
THE IRRATIONALITY OF ACTION AND ACTION RATIONALITY: DECISIONS, IDEOLOGIES AND ORGANIZATIONAL ACTIONSJournal of Management Studies, 19
-
Richard Makadok (1998)
Can first-mover and early-mover advantages be sustained in an industry with low barriers to entry/imitation?Strategic Management Journal, 19
-
William Judge, A. Miller (1991)
Antecedents and Outcomes of Decision Speed in Different Environmental Contexts -
Henry Mintzberg, J. Waters (1982)
Tracking Strategy in an Entrepreneurial Firm1Academy of Management Journal, 25
-
A. Cooper, Tim Folta, Carolyn Woo (1995)
Entrepreneurial information searchJournal of Business Venturing, 10
-
D. Hambrick, Eric Abrahamson (1995)
Assessing Managerial Discretion across Industries: A Multimethod ApproachAcademy of Management Journal, 38
-
Venkatesh Shankar, Gregory Carpenter, L. Krishnamurthi (1998)
Late Mover Advantage: How Innovative Late Entrants Outsell Pioneers:Journal of Marketing Research, 35
-
Hitt Hitt, Tyler Tyler (1991)
Strategic decision models: integrating different perspectivesStrategic Management Journal, 12
-
K. Eisenhardt (1989)
Making Fast Strategic Decisions In High-Velocity EnvironmentsAcademy of Management Journal, 32
-
A. Langley (1995)
Between 'Paralysis by Analysis' and 'Extinction by Instinct'Sloan Management Review, 36
-
W. Gartner, Barbara Bird, Jennifer Starr (1992)
Acting as If: Differentiating Entrepreneurial from Organizational BehaviorEntrepreneurship Theory and Practice, 16
-
L. Perlow, Gerardo Okhuysen, N. Repenning (2002)
The Speed Trap: Exploring the Relationship Between Decision Making and Temporal ContextAcademy of Management Journal, 45
-
Ronald Taylor (1975)
Age and Experience as Determinants of Managerial Information Processing and Decision Making PerformanceIEEE Engineering Management Review, 6
-
Sung Sung, Hamma Hamma (1996)
Factors related to household risk tolerance: an ordered probit analysisConsumer Interests Annual, 42
-
M. Hitt, Beverly Tyler (1991)
Strategic decision models: Integrating different perspectivesSouthern Medical Journal, 12
-
Taylor Taylor (1975)
Age and experience as determinants of managerial information processing and decision making performanceAcademy of Management Journal, 18
-
J. Armstrong, Terry Overton (1977)
Estimating Nonresponse Bias in Mail SurveysJournal of Marketing Research, 14
-
J. Brüderl, Peter Preisendörfer, R. Ziegler (1992)
Survival Chances of Newly Founded Business OrganizationsAmerican Sociological Review, 57
-
J. Pfeffer (1994)
Competitive Advantage Through People -
Ming-Jer Chen, D. Hambrick (1995)
Speed, Stealth, and Selective Attack: How Small Firms Differ From Large Firms in Competitive BehaviorAcademy of Management Journal, 38
-
J. Baum, S. Wally (2003)
STRATEGIC DECISION SPEED AND FIRM PERFORMANCEStrategic Management Journal, 24
-
S. Wally, J. Baum (1994)
Personal and Structural Determinants of the Pace of Strategic Decision MakingAcademy of Management Journal, 37
-
R. Stuart, P. Abetti (1990)
Impact of entrepreneurial and management experience on early performanceJournal of Business Venturing, 5
-
P. Shrout, J. Fleiss (1979)
Intraclass correlations: uses in assessing rater reliability.Psychological bulletin, 86 2
-
P. Salant, D. Dillman (1994)
How to conduct your own survey -
Chen Chen, Hambrick Hambrick (1995)
Speed, stealth and selective attack: How small firms differAcademy of Management Journal, 38
-
W. Boeker (1989)
Strategic Change: The Effects Of Founding And HistoryAcademy of Management Journal, 32
-
E. Mosakowski (1997)
Strategy Making Under Causal Ambiguity: Conceptual Issues and Empirical EvidenceOrganization Science, 8
-
D. Hambrick, P. Mason (1984)
Upper Echelons: The Organization as a Reflection of Its Top ManagersAcademy of Management Review, 9
-
D. Hambrick, L. Crozier (1985)
Stumblers and stars in the management of rapid growthJournal of Business Venturing, 1
- Publisher
- Wiley
- Copyright
- Copyright © 2005 John Wiley & Sons, Ltd.
- ISSN
- 0143-2095
- eISSN
- 1097-0266
- DOI
- 10.1002/smj.451
- Publisher site
- See Article on Publisher Site
Abstract
This study helps to explain why some new ventures make strategic decisions more quickly than others. Drawing on life course theory and human capital theory, I develop a model of how entrepreneurs' individual characteristics affect new venture decision speed. I test the model using survey data from 98 Internet startups and their founder/managers. Results show that firms made faster decisions when they were managed by older entrepreneurs and by those with prior entrepreneurial experience. In addition, exploratory analyses indicating that fast decision‐making firms were more likely to close may indicate that prevailing theory in this area is contextually limited. Copyright © 2005 John Wiley & Sons, Ltd.
Journal
Strategic Management Journal – Wiley
Published: Apr 1, 2005