Encountered Problems and Outcome Status in Nascent Entrepreneurship
The relationship is investigated between outcome status and encountered problems in the business start-up process. Contrary to expectations, we find that starters do not differ from quitters in number and type of problems encountered, and that problems encountered generally do not affect outcome status. This Dutch research uses a design that is comparable to the U.S. PSED (Panel Study of Entrepreneurial Dynamics) in which a sample of 414 nascent entrepreneurs were followed over a three year period.
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