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Setting Up a Business in the Netherlands

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  • van Gelderen, A.M.
  • Bosma, N.
  • Thurik, A.R.

Abstract

Why does one person actually succeed in starting a business, while a second gives up, and a third is still trying? To answer this question, a longitudinal study was set up in which 330 nascent entrepreneurs (people setting up a business) were followed over a one-year period. After one year, 47% actually started a business, 27% was still organizing, and 26% gave up the effort. In comparison to the two other groups, starters are different in terms of gender, industry experience, start-up capital, use of third party loans, sector and current activity.

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Bibliographic Info

Paper provided by Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam in its series ERIM Report Series Research in Management with number ERS-2001-15-STR.

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Date of creation: 22 Mar 2001
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Handle: RePEc:ems:eureri:80

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Keywords: nascent entrepreneurs; performance; start-ups; survival;

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References

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  1. Wennekers, Sander & Thurik, Roy, 1999. " Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
  2. Reid, Gavin C & Smith, Julia A, 2000. " What Makes a New Business Start-Up Successful?," Small Business Economics, Springer, vol. 14(3), pages 165-82, May.
  3. Basu, Anuradha & Goswami, Arati, 1999. " Determinants of South Asian Entrepreneurial Growth in Britain: A Multivariate Analysis," Small Business Economics, Springer, vol. 13(1), pages 57-70, August.
  4. Reynolds, Paul & Miller, Brenda, 1992. "New firm gestation: Conception, birth, and implications for research," Journal of Business Venturing, Elsevier, vol. 7(5), pages 405-417, September.
  5. Harvey, Michael & Evans, Rodney, 1995. "Strategic windows in the entrepreneurial process," Journal of Business Venturing, Elsevier, vol. 10(5), pages 331-347, September.
  6. David B. Audretsch & A. Roy Thurik, 2000. "Capitalism and democracy in the 21st Century: from the managed to the entrepreneurial economy," Journal of Evolutionary Economics, Springer, vol. 10(1), pages 17-34.
  7. Carter, Nancy M. & Williams, Mary & Reynolds, Paul D., 1997. "Discontinuance among new firms in retail: The influence of initial resources, strategy, and gender," Journal of Business Venturing, Elsevier, vol. 12(2), pages 125-145, March.
  8. Teece, David J, 1993. "The Dynamics of Industrial Capitalism: Perspectives on Alfred Chandler's Scale and Scope," Journal of Economic Literature, American Economic Association, vol. 31(1), pages 199-225, March.
  9. BodenJR., Richard J. & Nucci, Alfred R., 2000. "On the survival prospects of men's and women's new business ventures," Journal of Business Venturing, Elsevier, vol. 15(4), pages 347-362, July.
  10. Honig, Benson, 1998. "What determines success? examining the human, financial, and social capital of jamaican microentrepreneurs," Journal of Business Venturing, Elsevier, vol. 13(5), pages 371-394, September.
  11. Frederic Delmar & Per Davidsson, 2000. "Where do they come from? Prevalence and characteristics of nascent entrepreneurs," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 12(1), pages 1-23, January.
  12. Cooper, Arnold C. & Gimeno-Gascon, F. Javier & Woo, Carolyn Y., 1994. "Initial human and financial capital as predictors of new venture performance," Journal of Business Venturing, Elsevier, vol. 9(5), pages 371-395, September.
  13. Lerner, Miri & Brush, Candida & Hisrich, Robert, 1997. "Israeli women entrepreneurs: An examination of factors affecting performance," Journal of Business Venturing, Elsevier, vol. 12(4), pages 315-339, July.
  14. Cooper, Arnold C., 1993. "Challenges in predicting new firm performance," Journal of Business Venturing, Elsevier, vol. 8(3), pages 241-253, May.
  15. Fischer, Eileen M. & Reuber, A. Rebecca & Dyke, Lorraine S., 1993. "A theoretical overview and extension of research on sex, gender, and entrepreneurship," Journal of Business Venturing, Elsevier, vol. 8(2), pages 151-168, March.
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Citations

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Cited by:
  1. Werner, Arndt, 2011. "Abbruch und Aufschub von Gründungsvorhaben: Eine empirische Analyse mit den Daten des Gründerpanels des IfM Bonn," IfM-Materialien 209, Institut für Mittelstandsforschung (IfM) Bonn.
  2. Heleen Stigter & Niels Bosma & Sander Wennekers, 2002. "The Long Road to the Entrepreneurial Society," Scales Research Reports A200115, EIM Business and Policy Research.
  3. Michele Cincera & Henri Capron, 2012. "Capital humain et processus de création d’entreprise: Le cas des primo-créateurs wallons," ULB Institutional Repository 2013/147102, ULB -- Universite Libre de Bruxelles.
  4. Christine Tamasy, 2006. "Determinants of regional entrepreneurship dynamics in contemporary Germany: A conceptual and empirical analysis," Regional Studies, Taylor & Francis Journals, vol. 40(4), pages 365-384.
  5. Mikael Samuelsson & Per Davidsson, 2009. "Does venture opportunity variation matter? Investigating systematic process differences between innovative and imitative new ventures," Small Business Economics, Springer, vol. 33(2), pages 229-255, August.
  6. Claus Michelsen & Harald Wolf & Michael Schwartz, 2013. "Regional Entrepreneurial Opportunities in the Biotech Industry: Exploring the Transition from Award-Winning Nascent Entrepreneurs to Real Start-Ups," European Planning Studies, Taylor & Francis Journals, vol. 21(11), pages 1708-1734, November.
  7. P. Mueller, 2006. "Entrepreneurship in the Region: Breeding Ground for Nascent Entrepreneurs?," Small Business Economics, Springer, vol. 27(1), pages 41-58, August.

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