Abstract
Economics, history, organizational theory, psychology, public policy, social psychology, sociology, and strategy have all had something to say about business creation. Though the multiple lenses have produced important insights, they have not always defined the phenomenon in terms that can easily be translated from one discipline to another. Operational definitions differ. Convenience samples may suffer from retrospective biases. However, representative samples are expensive to gather. The Panel Studies of Entrepreneurial Dynamics (PSED) are almost alone in examining the actions of entrepreneurs at the time they are organizing their businesses. This Special Issue presents a selected set of refereed papers involving the Norwegian PSED (NPSED) and Swedish PSEDs (SPSED) as well as PSED I and PSED II from the USA. In the context of highlighting the articles in this issue, some insights are offered about the kinds of research accomplishments that have been achieved. Challenges for future research on nascent entrepreneurs are also suggested.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
References
Aldrich, H. (1999). Organizations evolving. Newbury Park, CA: Sage.
Bird, B., & Schjoedt, L. (2009). Entrepreneurial behavior: Its nature, scope, recent research, and agenda for future research. In A. Carsrud & M. Brännback (Eds.), Understanding the entrepreneurial mind: Opening the black box (pp. 327–358). Dordrecht: Springer.
Brush, C. G., Manolova, T. S., & Edelman, L. F. (2008). Properties of emerging organizations: An empirical test. Journal of Business Venturing, 23, 547–566.
Cassar, G., & Craig, J. (2009). An investigation of hindsight bias in nascent venture activity. Journal of Business Venturing, 24, 149–164.
Crowne, D. P., & Marlowe, D. (1964). The approval motive. New York, NY: Wiley.
Davis, A. E., & Shaver, K. G. (2009). Social motives in the PSED II. In P. D. Reynolds & R. T. Curtin (Eds.), New firm creation in the United States: Initial explorations with the PSED II data set (pp. 19–34). New York, NY: Springer.
Delmar, F., & Shane, S. (2003). Does business planning facilitate the development of new ventures? Strategic Management Journal, 24, 1165–1185.
Edelman, L. F., & Yli-Renko, H. (2010). The impact of environment and entrepreneurial perceptions on venture creation efforts: Bridging the discovery and creation views of entrepreneurship. Entrepreneurship Theory and Practice, 34, 833–856.
Fischoff, B. (1975). Hindsight ≠ foresight: The effect of outcome knowledge on judgment under uncertainty. Journal of Experimental Psychology: Human Perception and Performance, 1, 288–299.
Frid, C., Gordon, S., & Davidsson, P. (2011). Publications based on the Panel Study of Entrepreneurial Dynamics. Available at: http://www.psed.isr.umich.edu/psed/documentation.
Gartner, W. B. (2008). Variations in entrepreneurship. Small Business Economics, 31, 351–361.
Gartner, W. B., Shaver, K. G., Carter, N. M., & Reynolds, P. D. (Eds.). (2004a). The handbook of entrepreneurial dynamics: The process of business creation. Thousand Oaks, CA: Sage Publications.
Gartner, W. B., Shaver, K. G., Carter, N. M., & Reynolds, P. D. (2004b). Foreword. In W. B. Gartner, K. G. Shaver, N. M. Carter, & P. D. Reynolds (Eds.), The handbook of entrepreneurial dynamics: The process of business creation (pp. ix–xxiii). Thousand Oaks, CA: Sage Publications.
Honig, B., & Karlsson, T. (2004). Institutional forces and the written business plan. Journal of Management, 30, 29–48.
Johnson, P. S., Parker, S. C., & Wijbenga, F. (2006). Nascent entrepreneurship research: Achievements and opportunities. Small Business Economics, 27, 1–4.
Katz, J., & Gartner, W. B. (1988). Properties of emerging organizations. Academy of Management Review, 13, 429–441.
Kelley, D., Bosma, N., & Amorós, J. E. (2011). Global entrepreneurship monitor: 2010 Global report. Babson Park, MA: Babson College.
Liao, J., & Gartner, W. B. (2006). The effects of pre-venture plan timing and perceived environmental uncertainty on the persistence of emerging firms. Small Business Economics, 27, 23–40.
Liao, J., & Welsch, H. (2008). Patterns of venture gestation process: Exploring the differences between tech and non-tech entrepreneurs. Journal of High Technology Management Research, 19, 102–113.
Reynolds, P. D. & Curtin, R. (2009) Business creation in the United States: Entry, startup activities and the launch of new ventures. In C. Moutray (Ed.), The small business economy for data year 2008: report to the president (pp. 165–240). Washington, DC: U.S. Small Business Administration Office of Advocacy
Robb, A., & Reynolds, P. D. (2009). PSED II and the Kauffman firm survey. In P. D. Reynolds & R. T. Curtin (Eds.), New firm creation in the United States: Initial explorations with the PSED II data set (pp. 279–302). New York, NY: Springer.
Rosenthal, R. (1966). Experimenter effects in behavioral research. New York, NY: Appleton-Century-Crofts.
Ruef, M. (2010). The entrepreneurial group. Princeton, NJ: Princeton University Press.
Shane, S., & Delmar, F. (2004). Planning for the market: Business planning before marketing and the continuation of organizing efforts. Journal of Business Venturing, 19, 767–785.
Steyaert, C. (2007). ‘Entrepreneuring’ as a conceptual attractor? A review of process theories in 20 years of entrepreneurship studies. Entrepreneurship and Regional Development, 19, 453–477.
Vroom, V. H. (1964). Work and motivation. New York, NY: Wiley.
Wasserman, D., Lempert, R. O., & Hastie, R. (1991). Hindsight and causality. Personality and Social Psychology Bulletin, 17, 30–35.
Weick, K. E. (1984). Small wins: Redefining the scale of social problems. American Psychologist, 39, 29–31.
Xu, H., & Ruef, M. (2004). The myth of the risk-tolerant entrepreneur. Strategic Organization, 2, 331–355.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Gartner, W.B., Shaver, K.G. Nascent entrepreneurship panel studies: progress and challenges. Small Bus Econ 39, 659–665 (2012). https://doi.org/10.1007/s11187-011-9353-4
Accepted:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s11187-011-9353-4