Growth of New Ventures:Influencing Factors,Growth Pathways,and Prospects:Based on the Core Journal Literature Analysis of CNKI
Through a comprehensive review of relevant literature from the China National Knowledge Infrastructure(CNKI)core journals,it is found that factors-behavior analysis framework and behavior patterns/models are two main research approaches in domestic new ventures.Based on the factors-behavior analysis framework,nine key influencing factors for the growth of new ventures are identified by employing literature coding,including the external environment and personal characteristics of entrepreneurs.And based on behavior patterns/models,it is categorized into three growth pathways of new ventures,including progressive growth,breakthrough growth,and stage-based growth paths,and new ventures can choose according to their internal and external conditions and strategic orientation.
new venturesinfluencing factorsgrowth pathwaysresearch prospect