Conclusions and implications for research and practice


Chapter 6. 1. serves to put the propositions derived from the empirical study in the overall context of the research questions set out in the beginning. With regard to this, 6. 1. also sets forth important limitations of the study, both conceptually and methodically. Finally, in chapter 6. 2., central implications for research and practice will be suggested.


Entrepreneurial Intention Entrepreneurial Process Venture Creation Funding Option Initial Funding 
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  1. 215.
    However, financier screening may become more and more standardized and rule-like, for example in bank lending based on sector-wide credit scoring of small businesses’ loan applications (cf. Berger & Frame, 2007 for the US case) or in credit rating based on financial regulation in the context of the Basel II Accord (cf. 4. 2. above).Google Scholar
  2. 216.
    E.g. possible framing effects in perceived financier feedback relative to the existing financing situation of the entrepreneur; here, concepts from behavioural finance may be useful — cf., for example, Kahneman et al. (1984).Google Scholar
  3. 218.
    Cf. Ruef and Scott (1998) again for the domain-specific character of organizational legitimizing.Google Scholar

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© Gabler | GWV Fachverlage GmbH, Wiesbaden 2008

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