Role of Start-up Activities during Firm Formation and Development: Review Paper

Entrepreneurship research has flourished the venture formation studies from many theoretical perspectives, but very little is known about the activities which were executed by the entrepreneurs to start a venture. In this paper, review of previous studies has been done to explore the start-up activities performed by the entrepreneurs during formation of new venture. It recognises the importance of activities and how these activities are executed by the entrepreneurs during the venture formation which is an important research agenda for future new venture studies. Furthermore, a conceptual model is presented with proposed flow of activities during venture formation and its development followed with the conclusion and future scope.