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Entrepreneurial Strategy

Starting, Managing, and Scaling New Ventures

Authors: Shepherd, Dean A., Patzelt, Holger

  • Addresses fundamental questions to explain how to create, develop and scale new ventures
  • Focuses on the mind and actions of the founder and founding team
  • Brings the different pieces of the new venture puzzle together to provide a big picture of the process's richness
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  • ISBN 978-3-030-78935-0
  • This book is an open access book, you can download it for free on link.springer.com
Hardcover $37.99
price for USA in USD
  • ISBN 978-3-030-78934-3
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
About this book

This open access book focuses on explaining differences amongst organizations regarding various attributes, forms, and outcomes. By focusing on the “how” of new venture creation and management to produce well-established organizations, the authors aim to increase our understanding of the antecedents of most management research assumptions. New ventures are the source of most newly created jobs generated in an economy, new industries and markets, innovative products and services, and new solutions to economic, social, and environmental problems. However, most management research assumes a well-established organization as the starting point of their theorizing.

Building on the notion of guided attention, it details how entrepreneurs can allocate their transient attention to identify potential opportunities from environmental change and how entrepreneurs allocate their sustained attention to form beliefs about radical and incremental opportunities requiring entrepreneurial action. The authors explain how entrepreneurs build such communities and engage community members over time to co-construct potential opportunities for new venture progress.  Using the lean startup framework, they connect the dots between the theorizing on identifying and co-constructing potential opportunities and the startup of new ventures. This leads to a new overarching framework based on are (1) co-creating a startup, (2) organizing a startup, and (3) performing a startup to bring together the many disparate threads of research on new ventures. The authors then theorize on the importance of knowledge in organizational scaling. 
Based on cutting-edge research from the leading entrepreneurship journals, this book expands knowledge on the cognitive aspect of the new venture creation process.

About the authors

Dean A. Shepherd is the Ray and Milann Siegfried Professor of Entrepreneurship at the Mendoza College of Business, Notre Dame University, USA. He is the former Editor-in-Chief of the Journal of Business Venturing and has published over 130 scholarly journal articles and 19 books.
Holger Patzelt is Chair in Entrepreneurship at the School of Management, Technical University of Munich, Germany. His research interests include entrepreneurial cognition and economic, emotional and psychological consequences of failure.​

Table of contents (5 chapters)

Table of contents (5 chapters)
  • Attending to the External Environment to Identify Potential Opportunities

    Pages 1-25

    Shepherd, Dean A. (et al.)

  • Co-constructing an Opportunity with a Community of Inquiry

    Pages 27-50

    Shepherd, Dean A. (et al.)

  • A Lean Framework for Starting a New Venture

    Pages 51-71

    Shepherd, Dean A. (et al.)

  • Managing New Ventures

    Pages 73-99

    Shepherd, Dean A. (et al.)

  • Scaling New Ventures

    Pages 101-117

    Shepherd, Dean A. (et al.)

Buy this book

eBook  
  • ISBN 978-3-030-78935-0
  • This book is an open access book, you can download it for free on link.springer.com
Hardcover $37.99
price for USA in USD
  • ISBN 978-3-030-78934-3
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Entrepreneurial Strategy
Book Subtitle
Starting, Managing, and Scaling New Ventures
Authors
Copyright
2021
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-3-030-78935-0
DOI
10.1007/978-3-030-78935-0
Hardcover ISBN
978-3-030-78934-3
Edition Number
1
Number of Pages
XVII, 131
Number of Illustrations
1 b/w illustrations
Topics