Citation:Semasinge, Dissanayake, Davidsson, Per, and Steffens, Paul R. (2011) Nascent venture performance : linking novelty of venture ideas and commitment of firm founders as predictors. In Maritz, Alex (Ed.) Proceedings of the 8th AGSE International Entrepreneurship Research Exchange, Swinburne University of Technology, Melbourne, Vic, pp. 597-607.
Date:2011
Abstract:
The individual-opportunity nexus emphasizes that both the characteristics of individuals and
venture ideas have roles in the entrepreneurial process (Shane & Venkataraman, 2000). Following
upon this assertion the present study examined whether the venture idea novelty and investment of
resources can make an important part in the venture creation process. Data analysed for a sample of
nascent entrepreneurs in Australia suggests that the novelty of venture ideas restricts the performance
of nascent ventures. However, the more investment of time and money do not show a significant
impact to the venture performance.
