The temporal nature of growth determinants in new bank foundings: implications for new venture research design |
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| Authors: | Charles E. Bamford Thomas J. Dean Thomas J. Douglas |
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| Affiliation: | a M.J. Neeley School of Business, Texas Christian University, 365 Dan Rogers Hall, TCU Box 298530, Fort Worth, TX 76129, USA;b Graduate School of Business Administration, University of Colorado at Boulder, Campus Box 419, Boulder, CO 80309-0419, USA;c Management Department, Clemson University, 101 Sirrine Hall, Clemson, SC 29634, USA |
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| Abstract: | Several authors have suggested the founding period as a critical time in the development of a firm, arguing that the resource and decision choices made at this point have a substantive impact on the firm's future. Yet, historically, most studies have measured new venture choices considerably after the founding period. We suggest that the uniqueness of the founding event is important and test its validity through the examination of two implicit assertions. These implicit assertions are those of temporal stability and temporal locus of growth determinants. |
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| Keywords: | Founding Initial resources and decisions Temporal stability Growth |
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