Surviving the start: mapping the causal architecture of new venture endurance
Ricardo Correia et al.
What the paper says
Purpose This study aims to model the causal architecture of new venture survival from an enabling-conditions perspective. Design/methodology/approach Using cognitive mapping and Interpretive Structural Modeling (ISM), the authors structure causal relations among 43 prioritized survival factors from a multidisciplinary expert panel and validate the hierarchy via MICMAC. Findings Product–market fit drives survival, human and strategic capabilities mediate it and financial outcomes are downstream consequences, reframing financial fragility as a symptom rather than a root cause. Originality/value The resulting framework supports diagnosis and intervention prioritization based on causal dependencies.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.