Making sense out of almost nothing: entrepreneurial sensemaking and innovation in a Chinese biotechnology startup
Jacky Hong,
Xi Zhao and
Robin Snell
Asia Pacific Business Review, 2024, vol. 30, issue 4, 733-763
Abstract:
Until recently, studies of sensemaking typically focused on seasoned practitioners, and there is limited understanding about how sensemaking takes place in start-ups that are run by novice entrepreneurs. Drawing on a case study of a biotechnology firm in China, we investigate how three novice entrepreneurs were able to transcend liabilities of newness and smallness by drawing on guidance from internal and external stakeholders. We develop a grounded model of entrepreneurial sensemaking through three distinctive phases of collective improvisation, collaborative selection, and iterative refinements.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apbizr:v:30:y:2024:i:4:p:733-763
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DOI: 10.1080/13602381.2022.2143234
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