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      Focus on opportunities as a mediator of the relationship between business owners' age and venture growth

      , ,

      Journal of Business Venturing

      Elsevier BV

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          Most cited references 47

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          A Monte Carlo study of the effects of correlated method variance in moderated multiple regression analysis

           Martin Evans (1985)
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            On the incomplete architecture of human ontogeny. Selection, optimization, and compensation as foundation of developmental theory.

             P B Baltes (1997)
            Drawing on both evolutionary and ontogenetic perspectives, the basic biological-genetic and social-cultural architecture of human development is outlined. Three principles are involved. First, evolutionary selection pressure predicts a negative age correlation, and therefore, genome-based plasticity and biological potential decrease with age. Second, for growth aspects of human development to extend further into the life span, culture-based resources are required at ever-increasing levels. Third, because of age-related losses in biological plasticity, the efficiency of culture is reduced as life span development unfolds. Joint application of these principles suggests that the life span architecture becomes more and more incomplete with age. Degree of completeness can be defined as the ratio between gains and losses in functioning. Two examples illustrate the implications of the life span architecture proposed. The first is a general theory of development involving the orchestration of 3 component processes: selection, optimization, and compensation. The second considers the task of completing the life course in the sense of achieving a positive balance between gains and losses for all age levels. This goal is increasingly more difficult to attain as human development is extended into advanced old age.
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              UPPER ECHELONS THEORY: AN UPDATE.

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                Author and article information

                Journal
                Journal of Business Venturing
                Journal of Business Venturing
                Elsevier BV
                08839026
                January 2012
                January 2012
                : 27
                : 1
                : 127-142
                Article
                10.1016/j.jbusvent.2010.05.002
                © 2012

                http://www.elsevier.com/tdm/userlicense/1.0/

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