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The multiple effects of business planning on new venture performance

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Burke, Andrew, Fraser, Stuart and Greene, Francis J.. (2010) The multiple effects of business planning on new venture performance. Journal of Management Studies, Vol.47 (No.3). pp. 391-415. ISSN 0022-2380

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Official URL: http://dx.doi.org/10.1111/j.1467-6486.2009.00857.x

Abstract

We investigate the multiple effects of writing a business plan prior to start-up on new venture performance. We argue that the impact of business plans depends on the purpose for and circumstances in which they are being used. We offer an empirical methodology which can account for these multiple effects while disentangling real impact effects from selection effects. We apply this to English data where we find that business plans promote employment growth. This is found to be due to the impact of the plan and not selection effects.

Item Type: Journal Article
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Faculty of Social Sciences > Warwick Business School > Centre for Small & Medium-Sized Enterprises
Faculty of Social Sciences > Warwick Business School
Journal or Publication Title: Journal of Management Studies
Publisher: Wiley-Blackwell Publishing Ltd.
ISSN: 0022-2380
Date: May 2010
Volume: Vol.47
Number: No.3
Number of Pages: 25
Page Range: pp. 391-415
Identification Number: 10.1111/j.1467-6486.2009.00857.x
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
URI: http://wrap.warwick.ac.uk/id/eprint/6264

Data sourced from Thomson Reuters' Web of Knowledge

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