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Advances in Entrepreneurship, Firm Emergence and Growth
This study examined the effect that venture creation action has on the outcomes of nascent entrepreneurship. A conceptual model was developed which proposes action as a fundamental mechanism in venture creation. Thus, action should rightly be considered as a means which transmits the effects of venture resource endowments on to venture creation outcomes. This conceptual model was empirically supported in a random sample of nascent ventures. Ventures with higher levels of human or social capitaldoi:10.1108/s1074-7540(2012)0000014009 fatcat:cmujhjlgrja2lkgpajgtxivtam