Innovation, Technology, and Knowledge Management

The Experimental Nature of New Venture Creation

Capitalizing on Open Innovation 2.0

Editors: Curley, Martin, Formica, Piero (Eds.)

  • ​Explores the dynamics of innovation, entrepreneurship, and new business creation, with an emphasis on prototyping, experimentation, and intelligence feedback
  • Features case studies of product, service, and process innovation
  • Ideal for business leaders and investors in high-technology and innovative industries
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Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-3-319-00179-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.00
price for USA
  • ISBN 978-3-319-00178-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $159.00
price for USA
  • ISBN 978-3-319-03278-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book presents readers with the opportunity to fundamentally re-evaluate the processes of innovation and entrepreneurship, and to rethink how they might best be stimulated and fostered within our organizations and communities.  The fundamental thesis of the book is that the entrepreneurial process is not a linear progression from novel idea to successful innovation, but is an iterative series of experiments, where progress depends on the persistence and resilience of the individuals involved, and their ability and to learn from failure as well as success. From this premise, the authors argue that the ideal environment for new venture creation is a form of “experimental laboratory,” a community of innovators where ideas are generated, shared, and refined; experiments are encouraged; and which in itself serves as a test environment for those ideas and experiments.  This environment is quite different from the traditional “incubator,” which may impose the disciplines of the established firm too early in the development of the new venture.

Featuring case examples of start-ups across a wide spectrum of industries, from Wikipedia to Ryanair, the authors explore the qualities of successful innovation, including a high tolerance of risk and unpredictability and commitment to building knowledge enterprises that value intangible assets. This volume is a clarion call to those in academia, enterprise, and government who seek to work together to promote innovation and entrepreneurship, with a stark message for academic institutions: engage or be left behind.

Table of contents (14 chapters)

  • Introduction

    Curley, Martin (et al.)

    Pages 1-9

  • University Ecosystems Design Creative Spaces for Start-Up Experimentation

    Curley, Martin (et al.)

    Pages 13-22

  • Capitalizing on Open Innovation 2.0

    Curley, Martin (et al.)

    Pages 23-33

  • Laboratory Experiments as a Tool in the Empirical Economic Analysis of High-Expectation Entrepreneurship

    Curley, Martin (et al.)

    Pages 35-50

  • Accelerating Venture Creation and Building on Mutual Strengths in Experimental Business Labs

    Curley, Martin (et al.)

    Pages 51-58

Buy this book

eBook $119.00
price for USA (gross)
  • ISBN 978-3-319-00179-1
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $159.00
price for USA
  • ISBN 978-3-319-00178-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $159.00
price for USA
  • ISBN 978-3-319-03278-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Experimental Nature of New Venture Creation
Book Subtitle
Capitalizing on Open Innovation 2.0
Editors
  • Martin Curley
  • Piero Formica
Series Title
Innovation, Technology, and Knowledge Management
Copyright
2013
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-00179-1
DOI
10.1007/978-3-319-00179-1
Hardcover ISBN
978-3-319-00178-4
Softcover ISBN
978-3-319-03278-8
Series ISSN
2197-5698
Edition Number
1
Number of Pages
XXII, 164
Topics