Scaling New Ventures

Dean A. Shepherd () and Holger Patzelt ()
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Dean A. Shepherd: University of Notre Dame
Holger Patzelt: Technische Universität München

Chapter Chapter 5 in Entrepreneurial Strategy, 2021, pp 101-117 from Springer

Abstract: Abstract Although scalingscaling is a “hot topic” in the practitioner literature, it has mostly been ignored (at least explicitly) in the academic literature. Building on a recent editorial, this chapter highlights the importance of scaling for new venture growthgrowth . ScalingScaling refers to spreading excellence within a venture as it grows (organically or through acquisition) from a new (and often small) organization to an established, large organization (Shepherd & Patzelt in Entrepreneurship Theory and Practice, https://doi.org/10.1177/1042258720950599 , 2020). In this chapter, we explore the drivers and consequences of scaling and explain how knowledge management facilitates scaling, how founderfounder replacement impacts scaling, and how current scaling influences subsequent scaling.

Date: 2021
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DOI: 10.1007/978-3-030-78935-0_5

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