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The lingering living dead phenomenon: Distorting venture survival studies?

  • Despite the increased attention dedicated to research on the antecedents and determinants of new venture survival in entrepreneurship, defining and capturing survival as an outcome represents a challenge in quantitative studies. This paper creates awareness for ventures being inactive while still classified as surviving based on the data available. We describe this as the ‘living dead’ phenomenon, arguing that it yields potential effects on the empirical results of survival studies. Based on a systematic literature review, we find that this issue of inactivity has not been sufficiently considered in previous new venture survival studies. Based on a sample of 501 New Technology-Based Firms, we empirically illustrate that the classification of living dead ventures into either survived or failed can impact the factors determining survival. On this basis, we contribute to an understanding of the issue by defining the ‘living dead’ phenomenon and by proposing recommendations for research practice to solve this issue in survival studies, taking the data source, the period under investigation and the sample size into account.

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Metadaten
Author:Christina UngererORCiD, Kevin ReutherORCiD, Guido H. BaltesORCiDGND
DOI:https://doi.org/10.1016/j.jbvi.2021.e00250
ISSN:2352-6734
Parent Title (English):Journal of Business Venturing Insights
Volume:16
Publisher:Elsevier
Place of publication:Amsterdam u.a.
Document Type:Article
Language:English
Year of Publication:2021
Release Date:2022/01/08
Tag:Entrepreneurship; Outcome classification; New venture survival; Zombie firms; New technology-based firms
First Page:1
Last Page:11
Article Number:e00250
Institutes:Institut für Strategische Innovation und Technologiemanagement - IST
Relevance:Peer reviewed Publikation in Master Journal List
Open Access?:Nein
Licence (German):License LogoUrheberrechtlich geschützt