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Academic Spin-offs

Name: Academic Spin-offs
Brand: Springer International Publishing AG
SKU: 9783031222832
Price: 162.96 EUR
Availability: InStock

The Role of Routinized Behaviours in New Venture Success

Автор: Ziad El-Awad

Език:

Корици: С твърди корици

Издател: Springer International Publishing AG

Наличност: Външен склад

Изпращаме след 10-18 дни

162.96 € 318.73 лв

This book discusses the importance of developing routininized behaviours in new venture development...

Информация за книгата

Автор

Ziad El-Awad

Език

Английски език

Корици

Книга - С твърди корици

Издадена

2023

страници

130

EAN

9783031222832

Enbook ID

41934745

Издател

Springer International Publishing AG

Теглоt

354

Размери

148 x 210

Пълно описание

This book discusses the importance of developing routininized behaviours in new venture development, specifically highlighting the unique challenges that academic spin-offs face in this vital step towards successful business creation. During the early development stage, new ventures are informally established and have few routines that inform organizational performance. However, the process of new venture development is characterized by high ambiguity, for example entrepreneurs have to deal with ill-defined technologies that are only vaguely understood or delineated. They also need to gradually make sense of the connections between technological functions, customer preferences and market structures. At the same time, during the early stage of new start-ups, experiences tend to be personal, embodied in specific individuals, such as the founder of founding team. Benefiting from these experiences and developing successful businesses that can exist independently of these individuals requires that these experiences become embedded in the form of routines. The author argues that developing these routines, or 'routinizing behaviours,' plays a critical role in the process of adaptation, learning, and ultimately, success.Focusing on these routinizing behaviours in particular, the book presents primary and empirical research on the specific challenges that academic spin-offs face and delivers a framework for the routinization of behaviours, demonstrating the challenges and opportunities that can intervene in this process. Finally, the author brings together implications that academics and practitioners can take and apply in their own ventures.