ABSTRACT

Business research has been dominated by the analysis of mono-causal and often uni-directional relationships between variables for a long time. A great number of studies — for instance on factors relevant for the foundation of new ventures or for business success — has been carried through with large impetus and high means (Busenitz et al. 2003, Grichnik 2006). Large samples of differing quality have hence led to many research results with restricted practical relevance (Tsang/Kwan 1999, Baldridge et al. 2004, Huw et al. 2007). Such research can hardly encompass, and most certainly cannot explain, empirically observable phenomena (Bouckenooghe et al. 2007, Diekmann 2000).