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- W64133998 abstract "Using the Global Financial Crisis as a natural experiment, we investigate how a major macro-economic crisis affects nascent (i.e., pre-operational) ventures. We hypothesize adverse effects on behaviors, behavioral plans, and expectations for the future, and that these effects would be more pronounced in ventures that are more innovative and/or more relying on loan funding. Overall, we find very limited support for our hypotheses. Our conclusion is that the main reason for the surprising absence of detrimental effects is that a large majority of nascent ventures are mostly affected by a relatively narrow, immediate task environment rather than directly by the fluctuations of the macro-economy." @default.
- W64133998 created "2016-06-24" @default.
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- W64133998 date "2012-01-01" @default.
- W64133998 modified "2023-09-28" @default.
- W64133998 title "Much ado about nothing? The surprising persistence of nascent ventures through the global financial crisis" @default.
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