The Experimental Nature of New Venture Creation

Capitalizing on Open Innovation 2.0

Business & Finance, Management & Leadership, Production & Operations Management, Nonfiction, Science & Nature, Science
Cover of the book The Experimental Nature of New Venture Creation by , Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9783319001791
Publisher: Springer International Publishing Publication: June 13, 2013
Imprint: Springer Language: English
Author:
ISBN: 9783319001791
Publisher: Springer International Publishing
Publication: June 13, 2013
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Springer International Publishing

Cover of the book Interprétations phénoménologiques de la 'Physique' d’Aristote chez Heidegger et Patočka by
Cover of the book What is Fundamental? by
Cover of the book The Theoretical and Practical Dimensions of Regionalism in East Asia by
Cover of the book Guide to Automotive Connectivity and Cybersecurity by
Cover of the book Recent Advances in Computational Methods and Clinical Applications for Spine Imaging by
Cover of the book Pediatric Electrocardiography by
Cover of the book Technologies and Innovation by
Cover of the book Design, User Experience, and Usability: Design Thinking and Methods by
Cover of the book Climate Change and Health by
Cover of the book Collaboration Technologies and Social Computing by
Cover of the book Procedural Justice and Legitimacy in Policing by
Cover of the book New Trends in Mechanism and Machine Science by
Cover of the book Intelligent Autonomous Systems 13 by
Cover of the book Proceedings of the European Automotive Congress EAEC-ESFA 2015 by
Cover of the book Police Socialisation, Identity and Culture by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy