A multilevel study of nascent social ventures

This article develops a multilevel model to explain social ventures' organizational outcome. The study examines the relationships between entrepreneurs' motivations and vision, ventures' strategy and environment, ventures' performance, and five-year survival of nascent Israeli firms. The findings suggest that an entrepreneur's motivation is reflected in their vision, which in turn is transformed into their ventures' strategies. Additionally, the environment is associated with entrepreneur's motivations and strategies and success. The results show that the latter was the only predictor of a ventures five-year survival.