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New Venture Survival: A Review and Extension
Author(s) -
SotoSimeone Aracely,
Sirén Charlotta,
Antretter Torben
Publication year - 2020
Publication title -
international journal of management reviews
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.475
H-Index - 107
eISSN - 1468-2370
pISSN - 1460-8545
DOI - 10.1111/ijmr.12229
Subject(s) - entrepreneurship , field (mathematics) , venture capital , new ventures , survival of the fittest , extension (predicate logic) , sociology , business , finance , evolutionary biology , computer science , pure mathematics , biology , programming language , mathematics
Abstract This paper provides an evaluative overview of the new venture survival literature. Since Stinchcombe's primary attempt to explain the mortality rates of new ventures, different research fields, including entrepreneurship, management and sociology, have devoted considerable attention to the antecedents of new venture survival. Despite this lively research commitment, a comprehensive review of the literature on new venture survival – as one of the most essential performance measures for new ventures – is missing. Covering 54 years of research, this paper provides an overview of the factors affecting new venture survival and highlights important methodological aspects in this research field. The review concludes by discussing opportunities for future research.