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An individual who scores high on both the "Arrangements" scale
and the "Opportunity-Ability" scale, but low on the "Willingness"
scale demonstrates a high New Venture Formation (NVF) infrastructure and
knowledge, without necessarily possessing the motivation to sustain involvement
in a new venture. As a result, this type of individual can make
an invaluable contribution to new venture (NV) initiation as a mentor--helping
with capital, contacts and sometimes technology, as well as with NV knowledge-based
advice.
When this type of individual initiates a venture, it may be more conceptually
and resource driven. At times this type of venture may be found
to lack staying power, because of the missing motivational component (indicated
by a low score on the Willingness scale). In terms of Expert Information
Processing Theory (EIPT), this type of individual can likely accomplish
script "entry," and can begin but not necessarily complete the
"doing" requirements of a NVF expert script.
DISCLAIMER: The information provided by this instrument IS NOT SUFFICIENT BY ITSELF to predict the success of any given new business. Instead, it is designed to add to the store of information available most preferably before the venture is started, or even if the venture is already underway, with the
intention that the chances of success will be improved..
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