Integrating research on the persistence of founding conditions and the effects of environmental change, we explore how a venture's performance outcomes following environmental change depend on the venture's environmental conditions at founding. Using a unique sample of 1,060 new ventures from a comprehensive survey of university alumni, our analysis indicates that the interaction of high environmental dynamism at founding and a functionally diverse founding team is beneficial to venture survival when environmental dynamism increases over time. However, the same founding conditions result in a decreased likelihood of positive exit when environmental dynamism decreases.

中文翻译：

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生于混乱：创业条件如何影响企业在经历环境变化时生存或繁荣

结合对创始条件的持续性和环境变化影响的研究，我们探讨了环境变化后企业的绩效结果如何取决于企业创始时的环境条件。通过对大学校友进行全面调查，我们对 1,060 个新企业进行了独特的样本分析，结果表明，当环境活力随着时间的推移而增强时，创始时的高环境活力与职能多元化的创始团队之间的相互作用有利于企业的生存。然而，当环境活力减弱时，相同的成立条件会导致积极退出的可能性降低。