Abstract

When starting a business venture, individuals likely confront a range of problems (Van Gelderen, Thurik, and Patel, 2011). Although problems experienced during the fledgling stages are intuitively expected to be a potential cause for opting to abandon new venture creation efforts (Brush and Manolova, 2004), emerging and inconsistent empirical findings suggest the role of start-up problems remains less than fully understood. In this paper, we investigate entrepreneurial intensity, defined as the level of commitment and single-minded focus toward starting a venture (Liao, Murphy and Welsch, 2005), as a mechanism for explaining why some individuals are able to overcome problems, thus choosing to continue to progress through versus quit the new venture creation process.

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