Entrepreneurship & Strategy IG
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 ForesightHas the entrepreneurial journey remained unchanged over the past decades? And if there have been substantive changes, what are they? And what are their implications? These are critical questions that…
Read More about A fresh look at patterns and assumptions in the field of entrepreneurshipEntrepreneurs 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 frictionVentures 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 StrategyNew 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 IndustryEntrepreneurial 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 contextFounders of new ventures need to understand the factors that encourage others to give them the help they need for their new firms to survive and grow—what we call venture…
Read More about Saxton, Wesley, & Saxton on “Venture Advocates”The 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 Mueller