Conclusions: Learnings and Implications for your Business

Ziad El-Awad ()
Additional contact information
Ziad El-Awad: Lund University

Chapter 7 in Academic Spin-offs, 2023, pp 119-136 from Springer

Abstract: Abstract New ventures typically rely on the experiences of entrepreneurs and staff members to solicit customer information, seek feedback, experiment, and react to market opportunities (Edmondson., 1999; Flatten et al., 2015). However, relying on individuals is insufficient to support a sustainable venture that can produce new products, services, or processes consistently. Instead, entrepreneurs must build productive learning processes so that experiences residing within individuals can be routinized and embedded in venture-wide behaviours. Routinizing behaviours is necessary for coordinating the skills and cognitions of organizational members and is a critical step for new ventures to continuously interpret and serve new market demands.

Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-22284-9_7

Ordering information: This item can be ordered from
http://www.springer.com/9783031222849

DOI: 10.1007/978-3-031-22284-9_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().