Abstract:This research studies the measurement of Chinese new ventures’resource development process to propel the theoretical research of entrepreneurship. Meanwhile, this can guide new ventures to acquire resource effectively. After interviewing 12 entrepreneurs from different regions and industries, we develop the measurement of resour ce development process, including resource identification, resource acquisition, resource combination and resource utilization. Resource identification contains self-evaluation, refine requirements and source determination; resource acquisition constitutes types of resources and sources of resources; resource combination constitutes combined approach and combined process; and resource utilization contains capabilities utilization and capabilities promotion. The results of 306 samples from Beijing, Guanzhou and Jilin show the validity and reliability of the questionnaire. We also find that the new measurement of resource development process is associated with the characteristics of new ventures and the conditions of transitional economies.