000			01580naa a2200217uu 4500
001			6121117460421
003			OSt
005			20190211161628.0
008			061211s1997 xx ||||gr |0|| 0 eng d
100	1		_aGIMENO, Javier _928981
245	1	0	_aSurvival of the fittest? Entrepreneurial human capital and the persistence of underperforming firms
260			_aIthaca : _bJohnson Graduate School of Management, _cDecember 1997
520	3		_aThe model developed here explains why some firms survive while other firms with equal economic performance do not. We argue that organizational survival is not strictly a function of economic performance but also depends on a firm's own threshold of performance. We apply this threshold model to the study of new venture survival, in which the threshold is determined by the entrepreneur's human capital characteristics, such as alternative employment opportunities, psychic income from entrepreneurships, and cost of switching to other occupations. Using a sample of 1,547 entrepreneurs of new businesses in the US, we find strong support for the model. The findings suggest that firms with low threshold may choose to continue or survive despite comparatively low performance
700	1		_aFOLTA, Timothy B. _93635
700	1		_aCOOPER, Arnold C. _928982
700	1		_aWOO, Carolyn Y _928983
773	0	8	_tAdministrative Science Quarterly _g42, 4, p. 750-783 _dIthaca : Johnson Graduate School of Management, December 1997 _xISSN 00018392 _w
942			_cS
998			_a20061211 _b1746^b _cNatália
998			_a20101027 _b1625^b _cCarolina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c20604 _d20604
041			_aeng