An individual-level perspective for assessing nascent venturing outcomes

ISSN： 1462-6004

Source： Journal of Small Business and Enterprise Development, Vol.18, Iss.2, 2011-05, pp. : 232-250

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Abstract

Purpose ‐ Entrepreneurship scholars have become more demanding concerning detailed investigations of nascent venturing processes. The purpose of this paper is to propose indicators measuring the impact that these processes in general, and support actions in particular, have on individuals. Design/methodology/approach ‐ Existing theories that could be used to analyze the impact of nascent venture experiences on individuals are reviewed. Literature and official statements regarding the underlying objectives of different stakeholders in company creation in France are then presented. Following this, performance indicators used by researchers and French support networks are discussed in relation to these objectives. Findings ‐ It is shown that indicators that could provide information regarding the potential effects of startup processes on individuals exist but remain to be used with nascent entrepreneurs. A proposal as to how these indicators might be adapted to the specific needs of nascent entrepreneurship research is made. Research limitations/implications ‐ The indicators proposed here are identified in a review of the literature, in which studies are primarily undertaken on student samples. Their practical adaptation to populations of nascent entrepreneurs remains to be implemented. Practical implications ‐ The suggested indicators should be of use to professional support actors who constantly look to improve their service to nascent entrepreneurs. They should also provide valuable information to the individuals considering or involved in startups on how to use support more efficiently, to policy makers for assessing the impact of specific support efforts and to academics designing entrepreneurship programmes. Originality/value ‐ The paper proposes readily applicable indicators for nascent entrepreneurship outcomes by drawing on a variety of research streams and linking them to practical information.