Open for Entrepreneurship: How Open Innovation Can Foster New Venture Creation

Nazanin Eftekhari, Marcel Bogers

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

25 Citationer (Scopus)

Resumé

This paper explores how an open approach to new venture creation - purposefully managing knowledge flows across the venture's organizational boundary - can be beneficial for start-up entrepreneurs. Our inductive case study, of both failure and success, identifies the key attributes of this open approach and how they affect start-ups' short-term survival. We find that ecosystem collaboration, user involvement and an open environment directly influence new venture survival, and that their effects were moderated by the entrepreneurs' open mindset. These findings carry a number of implications for entrepreneurship and innovation research and practice, providing some attention points for researchers, entrepreneurs, investors and policy makers interested in developing successful new ventures.

OriginalsprogEngelsk
TidsskriftCreativity and Innovation Management
Vol/bind24
Udgave nummer4
Sider (fra-til)574-584
ISSN0963-1690
DOI
StatusUdgivet - 2015

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Ecosystems
Innovation
New venture creation
Entrepreneurs
Entrepreneurship
Open innovation
New ventures
User involvement
Mindset
Knowledge flow
Start-ups
Start-up
Investors
Organizational boundaries
Venture
Politicians
Ecosystem

Citer dette

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Open for Entrepreneurship : How Open Innovation Can Foster New Venture Creation. / Eftekhari, Nazanin; Bogers, Marcel.

I: Creativity and Innovation Management, Bind 24, Nr. 4, 2015, s. 574-584.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

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