A Model for Predicting the Success of New Ventures

Abstract: After an overview of more than 50 success prediction models for new ventures and identification of success factors and successful model patterns, and analysis of the venture creation process, a model for predicting the success of new ventures is proposed. The success prediction model is extended with measurable variables. Interviews with company owners are […]

Overview of Success Prediction Models for New Ventures

Abstract:  An overview of 42 success prediction models for new ventures is presented. Major success factors are identified and a sequence of development of models is analyzed. A successful model pattern is identified containing industry structure, company strategy and interaction of strategy with structure. Alternative success prediction models are presented. A venture creation process and […]