Our paper provides two major insights. First, we find sequence analyses (SA) to be a useful tool for the study of venture creation processes. More concretely, our SA studies of the PSED2 database identify 16 ideal-typical ways of venture creation. We also identify those factors that lead entrepreneurs to set up their business in one way rather than another, which include: the composition of the founding team, the start-up motive, the venture`s industry and its region. Second, to offer guidance on how to use SA methods, we develop a decision tree that makes the alternatives of running SA analyses explicit.
Herrmann, Andrea M. and Putten, Kim van der
"UNRAVELING VENTURE CREATION PROCESSES WITH THE HELP OF SEQUENCE ANALYSES (INTERACTIVE PAPER),"
Frontiers of Entrepreneurship Research: Vol. 31
, Article 2.
Available at: http://digitalknowledge.babson.edu/fer/vol31/iss20/2