Entrepreneurship & Strategy IG
Venture capital funds have alimited lifecycle. As the fund ages, venture capitalists(VCs) are motivated to promote venture exit discus-sions with the venture board. We investigate the impactof VCs’ exit pressure…
Read More about Venture capital exit pressure and venture exit: A board perspectiveVentures operating under uncertainty face challenges defining a sustainable value proposition. Six longitudinal case studies reveal two approaches to business model development: focused commitment and simultaneous experimentation. While focused commitment…
Read More about Simultaneous Experimentation as a Learning StrategyGiven the increasingly competitive landscape for entrepreneurship education programs, it is important to understand when and for whom they have the greatest impact. Using 5 years of data from a technology…
Read More about Laurina Zhang: Who does (not) benefit from entrepreneurship programs?We study how learning by expe-rience across projects affects an entrepreneur’s strategicforesight. In a quantitative study of 314 entrepreneursacross 722 crowdfunded projects supplemented with aprogram of qualitative interviews, we counterintuitivelyfind…
Read More about Entrepreneurial Learning and Strategic ForesightEntrepreneurial actions can be based on one of two behavioral logics: causation (rigorous forward-looking analysis, relying on well-prepared plans, pre-defined goals, and required resources) or effectuation (leveraging the existing resources…
Read More about Navigating the emerging market contextEntrepreneurs entering new markets must consider how their products or services create value for customers. What customers value, however, is often shaped by competition between different stakeholders who seek to…
Read More about From Farms to Fuel Tanks – Who defines the market and why it matters.This study examines whethersmall firms that offer health insurance to theiremployees have better performance outcomes. Eventhough health insurance is a costly investment for smallfirms, there has been scant strategy- and…
Read More about Health insurance benefits as a labor market frictionThe role of founders and founder competences is critical as firms progress along their life cycles, whereby founders face decisions about which tasks deserve their attention and which ones they…
Read More about Interview with 2019 Best Video Abstract Award Winners Carolin Häussler and Elisabeth MuellerNew technological breakthroughs present managers of existing firms and aspiring entrepreneurs with opportunities to create altogether new industries. During the vibrant incubation period, we find that multiple firms capitalize on…
Read More about Mahka Moeen and Rajshree Agarwal: Incubation of an IndustryHow many projects can youwork on simultaneously? We study this question in thecontext of new product development (NPD) projects ina multinational organization. We suggest that multi-project work (MPW) might be…
Read More about Multi-project Work and Project Performance: Friends or Foes?