Entrepreneurship
The term “pivot” is used extensively by practitioners and scholars alike, yet little is known about when and how entrepreneurial firms actually choose to change their strategies and when that…
Read More about What is a pivot?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 Founder–inventors and their investors: Spurring firm survival and growthStrategy formation is central to why firms seize novel opportunities while others fail. By comparing three venture-pairs, we develop a fresh framework for strategy formation in nascent markets where strategy…
Read More about Decision Weaving: Forming Novel, Complex Strategy in Entrepreneurial SettingsDesigning an innovation team can be challenging for new ventures. While the presence of a technologically proficient founder or highly accomplished inventor can significantly bolster a new venture’s innovation efforts,…
Read More about Collaboration and informal hierarchy in innovation teamsWe examine how status dynam-ics in heterogeneous evaluator groups affect the evalua-tion of a target venture where some evaluatorsresemble the venture team while some do not. Usingdata from a funding…
Read More about Funding Ventures Similar: How Status Dynamics Within Heterogeneous Groups Affect Venture EvaluationHas 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 entrepreneurshipVenture 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 Foresight