Abstract

One shared characteristic of emerging ventures is that they lack the resources needed for firm survival and growth. Accordingly, the pursuit of creative ways of acquiring resources in non- traditional ways—without borrowing money or taking on equity financing—is a defining entrepreneurial behavior in new and small ventures. This behavior is known, among researchers and practitioners alike, as bootstrapping. After nearly three decades of research, there is no quantitative synthesis of the literature. In the present work, we perform such a synthesis.

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