Entry barriers and new venture performance: a comparison of universal and contingency approaches
作者： Kenneth C. Robinson , Patricia Phillips McDougall
DOI: 10.1002/SMJ.186
关键词:
摘要: This study utilized universal and contingency approaches to empirically investigate the effects of entry barriers on new venture performance. Consistent with prior research utilizing approach, this found only limited support for direct independent Conversely, provides strong approach examine complex divergent performance measures. Overall, models incorporating theoretically justified moderating industry life cycle stage strategy explained 31, 61, 45 percent variance in profitability, shareholder wealth creation, sales growth respectively. Copyright © 2001 John Wiley & Sons, Ltd.
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