Open for entrepreneurship: how open innovation can foster new venture creation

Nazanin Eftekhari; Marcel Bogers

doi:10.1111/caim.12136

Open for entrepreneurship: how open innovation can foster new venture creation

Nazanin Eftekhari, Marcel Bogers

Sektion for Produktion, Markeder og Politik

42 Citationer (Scopus)

Abstract

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.

Originalsprog	Engelsk
Tidsskrift	Creativity and Innovation Management
Vol/bind	24
Udgave nummer	4
Sider (fra-til)	574–584
Antal sider	11
ISSN	0963-1690
DOI	https://doi.org/10.1111/caim.12136
Status	Udgivet - 1 dec. 2015

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10.1111/caim.12136

Citationsformater

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Open for entrepreneurship: how open innovation can foster new venture creation

Abstract

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