Beyond traditional developmental models: A fresh perspective on entrepreneurial new venture creation

Journal article


Publication Details

Author(s): Becker A, Knyphausen-Aufseß DZ, Brem A
Journal: International Journal of Entrepreneurial Venturing
Publisher: Inderscience Publishers
Publication year: 2015
Volume: 7
Journal issue: 2
Pages range: 152-172
ISSN: 1742-5360
eISSN: 1742-5379
Language: English


Abstract


Opportunity discovery and creation are key areas of research in entrepreneurship literature. Based on the ongoing discussion, this paper proposes an integrative view of a dynamic multi–stage new venture emergence. In particular, the findings of our research show how to match these approaches with the life cycle stages of an emerging venture. This paper contributes to existing entrepreneurship research by acknowledging the value of parallel sequential process combinations, by including customer demand as part of a market participant's selection criteria, and by recognising failure as valuable outcome. The implication for entrepreneurs is that, beyond discovering a potential venture idea, substantial development efforts are required to form a sustainable business model. For entrepreneurship research, our model is a first step towards an integrative discussion of new venture emergence aimed at fostering further research and the advancement of new theoretical insights.



FAU Authors / FAU Editors

Brem, Alexander Prof. Dr.
Lehrstuhl für Technologiemanagement


External institutions
Technische Universität Berlin


How to cite

APA:
Becker, A., Knyphausen-Aufseß, D.Z., & Brem, A. (2015). Beyond traditional developmental models: A fresh perspective on entrepreneurial new venture creation. International Journal of Entrepreneurial Venturing, 7(2), 152-172. https://dx.doi.org/10.1504/IJEV.2015.068591

MLA:
Becker, Alexander, Dodo Zu Knyphausen-Aufseß, and Alexander Brem. "Beyond traditional developmental models: A fresh perspective on entrepreneurial new venture creation." International Journal of Entrepreneurial Venturing 7.2 (2015): 152-172.

BibTeX: 

Last updated on 2018-11-08 at 00:42