2012
DOI: 10.1111/j.1540-627x.2012.00357.x
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Planning and the Entrepreneur: A Longitudinal Examination of Nascent Entrepreneurs in Sweden

Abstract: We studied 623 nascent entrepreneurs during a six‐year period, examining how their planning decisions impact venture‐level performance. Our study is unique in that we tracked nascent ventures, examining their planning behavior, including changes to plans. Relying on the theory of legitimacy, this paper adds to the scholarly debate over the merits of business planning by examining, longitudinally, the impact of planning during a six‐year period, accounting for both pre‐emergent nascent activity and post‐emergen… Show more

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Cited by 81 publications
(76 citation statements)
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References 81 publications
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“…If business plans are formulated and developed in a way that facilitates and regulates action, they should promote success in the entrepreneurial process (Delmar & Shane 2003, Liao & Gartner 2006. If business plans lack these aspects, their function may be limited to only legitimating the new venture (Honig & Samuelsson 2012). Thus, it is important to consider the action-regulating or action-facilitating function of business plans to better understand their role in the entrepreneurial process.…”
Section: Business Planningmentioning
confidence: 99%
“…If business plans are formulated and developed in a way that facilitates and regulates action, they should promote success in the entrepreneurial process (Delmar & Shane 2003, Liao & Gartner 2006. If business plans lack these aspects, their function may be limited to only legitimating the new venture (Honig & Samuelsson 2012). Thus, it is important to consider the action-regulating or action-facilitating function of business plans to better understand their role in the entrepreneurial process.…”
Section: Business Planningmentioning
confidence: 99%
“…For example, opportunity identification and evaluation (Foo, Uy, & Murnieks, 2015;Grichnik, Smeja, & Welpe, 2010;Welpe, Sporrle, Grichnik, Michl, & Audretsch, 2012) can be considered types of envisioning, while entrepreneurial goal-setting and planning Frese, van Gelderen, & Ombach, 2000;Gielnik et al, 2014;Honig & Samuelsson, 2012; van Gelder, de…”
Section: Self-regulation In Entrepreneurs 12mentioning
confidence: 99%
“…We chose business planning as an example of a concept that is included in all of the textbooks listed in Figure 1, the need for which is being presented as fact. By itself, this may be problematic because business planning is controversial in terms of its purported value in the entrepreneurship process (Honig and Karlsson, 2004;Honig and Samuelsson, 2012). The fact that most of the textbooks we reviewed in Figure 1 had chapters devoted to business planning that were largely unquestioning of their value demonstrates the ideological influence of textbooks on EE pedagogy (Cameron et al, 2003;Mir, 2003).…”
Section: Theoretical Implicationsmentioning
confidence: 99%