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Organizational life cycle research seeks to explain changes in firm characteristics as the firm grows and matures. Unlike most life cycle research this paper focuses on changes that occur during the firm's crucial early stages. Specifically, we examine differences in an entrepreneur's time allocation as the young firm moves to later stages. This issue is important for two reasons. First, time is one of the entrepreneur's most valuable resources. Second, this approach fits with the growing popularity of behavioral research in entrepreneurship. Nine hypotheses are tested using data from a three-year, large-scale, nationwide survey of entrepreneurs.
McCarthy et al. (Tue,) studied this question.