 |
|
 |
An individual who scores high on both the "Arrangements" scale
and the "Willingness" scale, but low on the "Opportunity-Ability"
scale demonstrates a high New Venture Formation (NVF) infrastructure and
motivation. Thus, venture initiation by such individuals is likely
to occur. It is possible, however, that without the deep NVF knowledge
(indicated by the "Opportunity-Ability" score), venture initiation
may be somewhat premature, with the possible waste of NVF resources as
the result.
If this type of individual is intent upon venturing, it would appear
to be wise to undertake expertise enhancement activities. 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.
|
 |