Online from: 1994
Subject Area: Enterprise and Innovation
|Title:||Preparing for business start-up: “pre-start” activities in the new venture creation dynamic|
|Author(s):||Andrew Atherton, (University of Lincoln, Lincoln, UK)|
|Citation:||Andrew Atherton, (2007) "Preparing for business start-up: “pre-start” activities in the new venture creation dynamic", Journal of Small Business and Enterprise Development, Vol. 14 Iss: 3, pp.404 - 417|
|Keywords:||Business formation, Entrepreneurialism|
|Article type:||Research paper|
|DOI:||10.1108/14626000710773510 (Permanent URL)|
|Publisher:||Emerald Group Publishing Limited|
Purpose – The purpose of this research is to examine the activities and behaviours of potential entrepreneurs as they move towards engagement in business start-up.
Design/methodology/approach – Based on in-depth engagement with seven founders of new businesses, and informed by a review of the relevant literature.
Findings – A series of transitions towards business start-up are identified, which in turn produced a five-step framework for examining and understanding the “pre-start” phase of preparation for entrepreneurship.
Research limitations/implications – The case-based approach provided detailed and contextualised insight into how a small group of founders prepared for business start-up. There may be a need to test the framework with a larger group of business founders to assess its wider relevance and applicability.
Practical implications – The pre-start framework identifies how individuals progress towards start-up, and so could be used as the basis for a programme to encourage individuals to move through each step towards engagement in business start-up. The movement from step to step can also be used to assess overall levels of preparation for entrepreneurship within the wider population, and so has the potential to be a useful indicator of overall levels of entrepreneurial orientation.
Originality/value – The paper presents a process-focused model of the pre-start dynamic.
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