IDEAS home Printed from https://ideas.repec.org/a/wsi/jdexxx/v11y2006i01ns1084946706000246.html
   My bibliography  Save this article

Venture Opportunity Evaluations: Comparisons Between Venture Capitalists And Inexperienced Pre-Nascent Entrepreneurs

Author

Listed:
  • KAREN BISHOP

    () (College of Business, University of Louisville, Louisville, KY USA 40292, USA)

  • ROBERT D. NIXON

    (College of Business, University of Louisville, Louisville, KY USA 40292, USA)

Abstract

Although we know something about how venture capitalists' (VCs) evaluate opportunities, little is known about entrepreneurs' evaluation processes before venture creation. Opportunity evaluation beliefs are antecedents to goal choice or pre-nascent activities and are different from opportunity exploitation behaviors, which are goal striving or nascent activities. Results show that inexperienced pre-nascent entrepreneurs have not institutionalized VCs criteria as common knowledge and that evaluation criteria are used differently due to differences in learning and experience. Criteria common to VCs were not all predictive for any pre-nascent individual but, as a group, all VC criteria significantly predicted evaluations of potential success.

Suggested Citation

  • Karen Bishop & Robert D. Nixon, 2006. "Venture Opportunity Evaluations: Comparisons Between Venture Capitalists And Inexperienced Pre-Nascent Entrepreneurs," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 19-33.
  • Handle: RePEc:wsi:jdexxx:v:11:y:2006:i:01:n:s1084946706000246
    DOI: 10.1142/S1084946706000246
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1084946706000246
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Scheaf, David J. & Loignon, Andrew C. & Webb, Justin W. & Heggestad, Eric D. & Wood, Matthew S., 2020. "Measuring opportunity evaluation: Conceptual synthesis and scale development," Journal of Business Venturing, Elsevier, vol. 35(2).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jdexxx:v:11:y:2006:i:01:n:s1084946706000246. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Tai Tone Lim). General contact details of provider: http://www.worldscinet.com/jde/jde.shtml .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.