Entrepreneurship & Strategy IG
Ventures 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 MuellerWe study the emergence of organizational forms, focusing on two mechanisms—reconfiguration and transposition—that distinguish the founding models of the first 26 biotechnology companies, all created in the industry’s first decade,…
Read More about Amphibious entrepreneurs and the emergence of organizational formsGrowing startups face the question of who to hire and how much to compensate the new hires. Simultaneously, prospective new hires ask which startup to join and how much their…
Read More about Entrepreneurial teams’ acquisition of talentOur research finds that exporting by young firms are enabled to a greater extent (than established firms) when they use Internet technologies and tap into mobile talent (such as cross-national…
Read More about Born globals from emerging economiesThe ability to redeploy resources inside the firm reduces the cost of entry “mistakes.” If a new business turns out to have poor profitability, the ability to redeploy more of…
Read More about Entry, Exit and the Potential for Resource Redeployment