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New Firm Creation in the United States

Initial Explorations with the PSED II Data Set

  • Book
  • © 2009

Overview

  • Entrepreneurship is an increasingly popular topic—in business research, education, practice and policymaking
  • Presents the most current data from the ongoing PSED project, with contributions from leading researchers in the field
  • Covers a wide range of topics relating to new firm creation, with an emphasis on the people who start new businesses
  • Supported by the Kauffman Foundation and the Small Business Administration
  • Includes supplementary material: sn.pub/extras

Part of the book series: International Studies in Entrepreneurship (ISEN, volume 23)

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Table of contents (15 chapters)

  1. Nascent Entrepreneurs

  2. Start-Up Teams

  3. The Start-Up Process

  4. Emergence of a New Firm

  5. Cross-Study Comparisons

Keywords

About this book

This research program began in 1993. The idea of developing representative samples of those active in the business creation process, now called nascent entrepreneurs, developed from the success of using regional characteristics to 1 predict variations in new firm birth rates in six countries. The initial purpose was to determine those external factors that encouraged individuals to initiate the business creation process and become, as they are now called, nascent entrepreneurs. The research procedures, mainly the critical aspects of the scre- ing procedures, were developed with the Survey Research Laboratory at the University of Wisconsin in Madison to complete the Wisconsin Entrepreneurial 2 Climate Study. Support for an initial test with a national sample was provided by the Institute for Social Research at the University of Michigan. Richard Curtin became involved with the incorporation of the screening module as part 3 of the Survey of Consumers in October and November in 1993. The success of these efforts in providing a detailed description of the ent- preneurial process based on representative samples led to substantial interest among entrepreneurial scholars. A founding team of Nancy Carter, William Gartner, and Paul Reynolds was able to organize the Entrepreneurial Research Consortium (ERC), a collaborative network of 34 research units that shared the financial cost and sweat equity required to implement the first national project, 4 PSED I.

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