Journal of Business & Economic Policy

A Dyadic Test of Trait Impact on Nascent Venture Performance: Where Owner Characteristics are in Cahoots with Organizational Characteristics in a Longitudinal Study
Augustine Yao Dzathor, Jean Baptiste Koffi Dodor

Abstract
This comprehensive study aimed to test the combined impact of individual entrepreneur and organizational traits on Nascent Venture Performance. The study focused on a panel of business cohorts founded in the United States of America in 2004, a context particularly relevant to entrepreneurship and business management. The study found that while Founding Owner-Operator characteristics and Business Demographics impacted Nascent Venture's Performance in two of the four years under study, the combined effect of the two traits on Nascent Venture's Performance lasted longer. This suggests that when individual and organizational characteristics are aligned, they could sustain nascent venture survival and performance for a relatively more extended period. The study's findings have significant implications for both trait theory and the resource-based view. Personal and organizational traits constitute a mix of unique resources that can ensure the survival and competitiveness of nascent ventures, providing valuable insights for entrepreneurs and business managers. These insights can be directly applied to improve the performance and survival of nascent ventures, making the study's findings highly relevant to the reader's interests.

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