Venture gestation process remains an increasingly important area of inquiry in the field of entrepreneurship research. Using a configurational approach (i.e., Doty & Glick, 1994), this study is aimed to address the research question: what are the various configurations of nascent behaviors during the venture gestation process that lead to firm emergence? Because of its multi-dimensional nature, the configurational approach is particularly relevant to study venture creation process. It suggests that venture creation is best understood as clusters of interconnected behaviors, practices and context, rather than as various components that are loosely coupled. A configurational approach therefore takes a systematic and holistic view of the process, where patterns or profiles rather than individual independent variables are related to a process outcome such as organization emergence and first sales.
Liao, Jianwen (Jon) and Ye, Qian
"VENTURE GESTATION PROCESS AND FIRM EMERGENCE: A CONFIGURATIONAL APPROACH (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 29
, Article 3.
Available at: http://digitalknowledge.babson.edu/fer/vol29/iss10/3