{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,9,29]],"date-time":"2026-09-29T14:28:54Z","timestamp":1790692134113,"version":"4.1.0"},"reference-count":49,"publisher":"Wiley","issue":"4","license":[{"start":{"date-parts":[[2005,3,4]],"date-time":"2005-03-04T00:00:00Z","timestamp":1109894400000},"content-version":"vor","delay-in-days":0,"URL":"http:\/\/onlinelibrary.wiley.com\/termsAndConditions#vor"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Strategic Management Journal"],"published-print":{"date-parts":[[2005,4]]},"abstract":"<jats:title>Abstract<\/jats:title>\n                  <jats:p>This study helps to explain why some new ventures make strategic decisions more quickly than others. Drawing on life course theory and human capital theory, I develop a model of how entrepreneurs' individual characteristics affect new venture decision speed. I test the model using survey data from 98 Internet startups and their founder\/managers. Results show that firms made faster decisions when they were managed by older entrepreneurs and by those with prior entrepreneurial experience. In addition, exploratory analyses indicating that fast decision\u2010making firms were more likely to close may indicate that prevailing theory in this area is contextually limited. Copyright \u00a9 2005 John Wiley &amp; Sons, Ltd.<\/jats:p>","DOI":"10.1002\/smj.451","type":"journal-article","created":{"date-parts":[[2005,3,4]],"date-time":"2005-03-04T11:46:38Z","timestamp":1109936798000},"page":"355-366","source":"Crossref","is-referenced-by-count":168,"title":["Managerial determinants of decision speed in new ventures"],"prefix":"10.1002","volume":"26","author":[{"given":"Daniel P.","family":"Forbes","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"311","published-online":{"date-parts":[[2005,3,4]]},"reference":[{"key":"e_1_2_1_2_1","volume-title":"Organizations Evolving","author":"Aldrich H","year":"2000"},{"key":"e_1_2_1_3_1","doi-asserted-by":"publisher","DOI":"10.1177\/002224377701400320"},{"key":"e_1_2_1_4_1","volume-title":"Measuring the Internet Economy: An Exploratory Study","author":"Barua A","year":"1999"},{"key":"e_1_2_1_5_1","doi-asserted-by":"publisher","DOI":"10.1002\/smj.343"},{"key":"e_1_2_1_6_1","volume-title":"Human Capital","author":"Becker G","year":"1994"},{"key":"e_1_2_1_7_1","volume-title":"Crime and the Life Course","author":"Benson M","year":"2001"},{"key":"e_1_2_1_8_1","doi-asserted-by":"publisher","DOI":"10.2307\/256829"},{"key":"e_1_2_1_9_1","doi-asserted-by":"publisher","DOI":"10.2307\/256432"},{"key":"e_1_2_1_10_1","doi-asserted-by":"publisher","DOI":"10.2307\/2096207"},{"key":"e_1_2_1_11_1","doi-asserted-by":"publisher","DOI":"10.1111\/j.1467-6486.1982.tb00058.x"},{"key":"e_1_2_1_12_1","first-page":"41","article-title":"Marketplace information scanning activities of new manufacturing ventures","volume":"30","author":"Brush C","year":"1992","journal-title":"Journal of Small Business Management"},{"key":"e_1_2_1_13_1","doi-asserted-by":"publisher","DOI":"10.2307\/256688"},{"key":"e_1_2_1_14_1","doi-asserted-by":"publisher","DOI":"10.1016\/0883-9026(94)00022-M"},{"key":"e_1_2_1_15_1","first-page":"646","article-title":"The fallacy of \u2018only the strong survive\u2019: a social cognitive perspective on the persistence of underperforming firms","volume":"22","author":"DeTienne D","year":"2002","journal-title":"Frontiers of Entrepreneurship Research"},{"key":"e_1_2_1_16_1","doi-asserted-by":"publisher","DOI":"10.2307\/256434"},{"key":"e_1_2_1_17_1","volume-title":"Perspectives on the Life Course","author":"Elder G","year":"1985"},{"key":"e_1_2_1_18_1","doi-asserted-by":"publisher","DOI":"10.1177\/104225879201600302"},{"key":"e_1_2_1_19_1","first-page":"205","volume-title":"Advances in Strategic Management","author":"Garud R","year":"1998"},{"key":"e_1_2_1_20_1","first-page":"46","volume-title":"Handbook of Aging and the Social Sciences","author":"Hagestad G","year":"1985"},{"key":"e_1_2_1_21_1","doi-asserted-by":"publisher","DOI":"10.2307\/256864"},{"key":"e_1_2_1_22_1","doi-asserted-by":"publisher","DOI":"10.1016\/0883-9026(85)90005-9"},{"key":"e_1_2_1_23_1","first-page":"369","volume-title":"Research in Organizational Behavior","author":"Hambrick D","year":"1987"},{"key":"e_1_2_1_24_1","doi-asserted-by":"publisher","DOI":"10.2307\/258434"},{"key":"e_1_2_1_25_1","doi-asserted-by":"publisher","DOI":"10.2307\/3069334"},{"key":"e_1_2_1_26_1","doi-asserted-by":"publisher","DOI":"10.1002\/smj.4250120502"},{"key":"e_1_2_1_27_1","volume-title":"Principles of Psychology","author":"James W","year":"1981"},{"key":"e_1_2_1_28_1","doi-asserted-by":"publisher","DOI":"10.2307\/256451"},{"key":"e_1_2_1_29_1","doi-asserted-by":"publisher","DOI":"10.2307\/2393569"},{"key":"e_1_2_1_30_1","first-page":"63","article-title":"Between \u2018paralysis by analysis\u2019 and \u2018extinction by instinct\u2019","volume":"36","author":"Langley A","year":"1995","journal-title":"Sloan Management Review"},{"key":"e_1_2_1_31_1","volume-title":"The New New Thing","author":"Lewis M","year":"1999"},{"key":"e_1_2_1_32_1","doi-asserted-by":"publisher","DOI":"10.2307\/258103"},{"key":"e_1_2_1_33_1","doi-asserted-by":"publisher","DOI":"10.1002\/(SICI)1097-0266(199807)19:7<683::AID-SMJ965>3.0.CO;2-T"},{"key":"e_1_2_1_34_1","volume-title":"Aging and the Meaning of Time","author":"McFadden S","year":"2001"},{"key":"e_1_2_1_35_1","doi-asserted-by":"publisher","DOI":"10.2307\/256075"},{"key":"e_1_2_1_36_1","doi-asserted-by":"publisher","DOI":"10.2307\/2392045"},{"key":"e_1_2_1_37_1","doi-asserted-by":"publisher","DOI":"10.1287\/orsc.8.4.414"},{"key":"e_1_2_1_38_1","doi-asserted-by":"publisher","DOI":"10.2307\/3069323"},{"key":"e_1_2_1_39_1","volume-title":"Competitive Advantage through People","author":"Pfeffer J","year":"1996"},{"key":"e_1_2_1_40_1","volume-title":"The Knowing\u2013Doing Gap","author":"Pfeffer J","year":"2000"},{"key":"e_1_2_1_41_1","volume-title":"New York New Media Industry Survey","author":"PricewaterhouseCoopers","year":"2000"},{"key":"e_1_2_1_42_1","volume-title":"How to Conduct Your Own Survey","author":"Salant P","year":"1994"},{"key":"e_1_2_1_43_1","doi-asserted-by":"publisher","DOI":"10.1177\/002224379803500107"},{"key":"e_1_2_1_44_1","doi-asserted-by":"publisher","DOI":"10.1037\/0033-2909.86.2.420"},{"issue":"2","key":"e_1_2_1_45_1","first-page":"85","article-title":"The heart of entrepreneurship","volume":"63","author":"Stevenson H","year":"1985","journal-title":"Harvard Business Review"},{"key":"e_1_2_1_46_1","first-page":"142","volume-title":"Handbook of Organizations","author":"Stinchcombe A","year":"1965"},{"key":"e_1_2_1_47_1","doi-asserted-by":"publisher","DOI":"10.1016\/0883-9026(90)90029-S"},{"key":"e_1_2_1_48_1","first-page":"227","article-title":"Factors related to household risk tolerance: an ordered probit analysis","volume":"42","author":"Sung J","year":"1996","journal-title":"Consumer Interests Annual"},{"key":"e_1_2_1_49_1","doi-asserted-by":"publisher","DOI":"10.2307\/255626"},{"key":"e_1_2_1_50_1","doi-asserted-by":"publisher","DOI":"10.2307\/256605"}],"container-title":["Strategic Management Journal"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/api.wiley.com\/onlinelibrary\/tdm\/v1\/articles\/10.1002%2Fsmj.451","content-type":"unspecified","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/sms.onlinelibrary.wiley.com\/doi\/pdf\/10.1002\/smj.451","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,10,26]],"date-time":"2025-10-26T13:33:13Z","timestamp":1761485593000},"score":1,"resource":{"primary":{"URL":"https:\/\/sms.onlinelibrary.wiley.com\/doi\/10.1002\/smj.451"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2005,3,4]]},"references-count":49,"journal-issue":{"issue":"4","published-print":{"date-parts":[[2005,4]]}},"alternative-id":["10.1002\/smj.451"],"URL":"https:\/\/doi.org\/10.1002\/smj.451","archive":["Portico"],"relation":{},"ISSN":["0143-2095","1097-0266"],"issn-type":[{"value":"0143-2095","type":"print"},{"value":"1097-0266","type":"electronic"}],"subject":[],"published":{"date-parts":[[2005,3,4]]}}}