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PSED II and the Kauffman Firm Survey

In: New Firm Creation in the United States

Author

Listed:
  • Alicia Robb

    (University of California)

  • Paul D. Reynolds

    (University of California)

Abstract

While new firm creation is an important feature of modern economies, research on major aspects of the early stages of the business life course is hampered by the length and complexity of the process. Conceptual complexity is reflected in the difficulty of developing simple, precise measures of initiating the firm gestation process, or conception, as well as the transition from a nascent enterprise to an operating business – a new firm birth. The length of the process is reflected in the substantial time many nascent enterprises stay in the gestation process. It takes over 5 years after conception for over 90% to reach a resolution as new firms or to be abandoned; one-third seem to continue indefinitely as nascent enterprises (Reynolds, 2007).

Suggested Citation

  • Alicia Robb & Paul D. Reynolds, 2009. "PSED II and the Kauffman Firm Survey," International Studies in Entrepreneurship, in: Richard T. Curtin & Paul D. Reynolds (ed.), New Firm Creation in the United States, chapter 0, pages 279-302, Springer.
    • Handle: RePEc:spr:inschp:978-0-387-09523-3_14
    DOI: 10.1007/978-0-387-09523-3_14
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    Cited by:

    1. William Gartner & Kelly Shaver, 2012. "Nascent entrepreneurship panel studies: progress and challenges," Small Business Economics, Springer, vol. 39(3), pages 659-665, October.
    2. Shahid, Pirzada Syed Rizwan, 2023. "Founder's Human Capital and the Entrepreneurial Process Duration," OSF Preprints yf6mg, Center for Open Science.

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