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Book Cover
E-book
Author El-Awad, Ziad, author

Title Academic spin-offs : the role of routinized behaviours in new venture success / Ziad El-Awad
Published Cham, Switzerland : Palgrave Macmillan, 2023

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Description 1 online resource (130 pages) : illustrations (black and white)
Contents Chapter one: Academic spin-offs and their role in society -- Chapter two: Routinizing behaviors in academic spin-offs -- Chapter three: Routinizing behaviors as a multilevel learning process -- Chapter four: Routines and the critical role of the venture team -- Chapter five: Routines for efficiency or change! -- Chapter six: learnings and implications for your business
Summary This book discusses the importance of developing routinized behaviours in new venture development, explicitly highlighting the unique challenges that academic spinoffs face in this vital step towards successful business creation. During the early development stage, new ventures are informally established and have few routines that inform organizational performance. However, the process of new venture development is characterized by high ambiguity; for example, entrepreneurs have to deal with ill-defined technologies that are only vaguely understood or delineated. They also need to gradually make sense of the connections between technological functions, customer preferences and market structures. At the same time, during the early stage of new start-ups, experiences tend to be personal, embodied in specific individuals, such as the founder or founding team. Benefiting from these experiences and developing successful businesses that can exist independently of these individuals requires that these experiences become embedded in the form of routines. Presenting primary and empirical research, the author delivers a framework for the routinization of behaviours, demonstrating the challenges and opportunities that can intervene in this process. Finally, the author brings together implications that academics and practitioners can take and apply in their own ventures. Ziad El-Awad is a researcher at Sten K Johnson Centre for Entrepreneurship- Lund university. His research explores the routinisation of task work in new ventures and the role that entrepreneurial ecosystems play in supporting new ventures' development. In addition, his research unpacks enterprising activities in and around entrepreneurial ecosystems and identifies policies and economic implications of such activities
Bibliography Includes bibliographical references and index
Notes Print version record
Subject New business enterprises.
Venture capital.
Entrepreneurship.
entrepreneurs.
Entrepreneurship
New business enterprises
Venture capital
Form Electronic book
ISBN 9783031222849
3031222849