Article Abstract:
A new study explores the relationship between management experimentation, strategic change and final performance, focusing on new ventures.
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Article Abstract:
Predicting new firm performance is a difficult task since it is a relatively young field and there are many complications inherent in the process. These complications include research style which refer to the numeroustypes of research done and the method of analysis. Complications also include environmental factors or external events, internal change, varied goals of the entrepreneur, type of management and type of business.
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Article Abstract:
The satisfaction of entrepreneurs in their business after three years of business ownership is estimated. Satisfaction may be perceived as a measure of performance and may be a determinant on the entrepreneur's decision to invest more, downsize or close. The discrepancy theory was used. Findings show that entrepreneurs focusing on non-economic goals gained more satisfaction than entrepreneurs with economic goals. Evidence was gathered that women achieved more satisfaction than men.
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