Bootstrapping techniques and new venture emergence
Perry, John T. Chandler, Gaylen N. Yao, Xin Wolff, James
Perry, John T.
Chandler, Gaylen N.
Yao, Xin
Wolff, James
Citations
Altmetric:
Other Names
Location
Time Period
Advisors
Original Date
Digitization Date
Issue Date
2011-03-01
Type
Article
Genre
Keywords
Financing,Bootstrapping,New ventures,PSED,Resource based view
Subjects (LCSH)
Citation
Perry, J. T., Chandler, G. N., Yao, X., & Wolff, J. (2011). Bootstrapping techniques and new venture emergence. New England Journal of Entrepreneurship, 14(1), 35-45. https://doi.org/10.1108/NEJE-14-01-2011-B003
Abstract
Among nascent entrepreneurial ventures, are some types of bootstrapping techniques more successful than others? We compare externally oriented and internally oriented techniques with respect to the likelihood of becoming an operational venture; and we compare cash-increasing and cost-decreasing techniques with respect to becoming operational. Using data from the first Panel Study of Entrepreneurial Dynamics, we find evidence suggesting that when bootstrapping a new venture, the percentage of cash-increasing and cost-decreasing externally oriented bootstrapping techniques that a ventureʼs owners use are positive predictors of subsequent positive cash flow (one and two years later). But, internally oriented techniques are not related to subsequent cash flow.
Table of Contents
Description
Publisher
Emerald Publishing Limited
Journal
New England Journal of Entrepreneurship
Book Title
Series
Digital Collection
Finding Aid URL
Use and Reproduction
Archival Collection
PubMed ID
ISSN
2574-8904
1550-333X
1550-333X