Entrepreneurial Ecosystems As Amplifiers of The Lean Startup Philosophy - Management Control Practices In Earliest-Stage Startups

Entrepreneurial Ecosystems As Amplifiers of The Lean Startup Philosophy - Management Control Practices In Earliest-Stage Startups

Author: Sebastian D. Becker

Publisher:

Published: 2022

Total Pages: 0

ISBN-13:

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Entrepreneurial ecosystems play a key role in the development of startups by not only providing support - such as flexible office space and access to skilled employees, mentors and investors - but moreover by promoting concrete ideals about 'good' entrepreneurship. In our empirical analysis of management control systems (MCSs) in earliest-stage startups, we witness a strong influence of such ideals - above all the Lean Startup philosophy - on the MCSs analyzed. Building on cross-sectional field study data resulting from a comprehensive field-immersion strategy and 50 interviews with key actors in an entrepreneurial ecosystem as well as with founder-managers of startups, we consider the entrepreneurial ecosystem as a collective meso-level community that mediates between macro-level institutional pressures and micro-level practices of startups. We show how this community - through a variety of what we term amplifying mechanisms - not only actively deinstitutionalizes a legacy entrepreneurial philosophy epitomized by the business plan concept but propagates the Lean Startup philosophy so that this alternative has become the dominant institutional philosophy in the studied ecosystem and its startups. Due to the amplifying mechanisms exerted by the meso-level, startups use MCSs that play a crucial role in the rapid experimentation and learning process towards finding a scalable business model that is characteristic of the Lean Startup philosophy. We theorize this role of MCSs through the lenses of interactive and enabling control systems and make these concepts amenable to multi-level entrepreneurial settings.


The Startup Way

The Startup Way

Author: Eric Ries

Publisher: Crown Currency

Published: 2017-10-17

Total Pages: 402

ISBN-13: 110190321X

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Entrepreneur and bestselling author of The Lean Startup, Eric Ries reveals how entrepreneurial principles can be used by businesses of all kinds, ranging from established companies to early-stage startups, to grow revenues, drive innovation, and transform themselves into truly modern organizations, poised to take advantage of the enormous opportunities of the twenty-first century. In The Lean Startup, Eric Ries laid out the practices of successful startups – building a minimal viable product, customer-focused and scientific testing based on a build-measure-learn method of continuous innovation, and deciding whether to persevere or pivot. In The Startup Way, he turns his attention to an entirely new group of organizations: established enterprises like iconic multinationals GE and Toyota, tech titans like Amazon and Facebook, and the next generation of Silicon Valley upstarts like Airbnb and Twilio. Drawing on his experiences over the past five years working with these organizations, as well as nonprofits, NGOs, and governments, Ries lays out a system of entrepreneurial management that leads organizations of all sizes and from every industry to sustainable growth and long-term impact. Filled with in-the-field stories, insights, and tools, The Startup Way is an essential road map for any organization navigating the uncertain waters of the century ahead.


The Lean Entrepreneur

The Lean Entrepreneur

Author: Brant Cooper

Publisher: John Wiley & Sons

Published: 2013-02-26

Total Pages: 288

ISBN-13: 111829534X

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Providing a step-by-step approach to best practices, and giving readers a business model analysis guide, the book is rich in cases studies, illustrative graphics, worksheets, and exercises for a truly immersive guide to starting or improving a company. Invaluable reading for all readers in all businesses, the book teaches entrepreneurs how to approach risk head-on and test market ideas immediately, foster stronger customer relations, test different business model risks, and create a customer funnel based on buyers' process in order to eliminate unnecessary time and effort.A lean entrepreneur has already bought into lean startup, customer development, design thinking, and other iterative, customer-centric methods of product development. The lean entrepreneur wants to know how to apply these to their business. In other words: how to get started tomorrow. This book shows the way.


The Startup Way

The Startup Way

Author: Eric Ries

Publisher: Penguin UK

Published: 2017-10-17

Total Pages: 397

ISBN-13: 024197271X

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Winner of the Business Book Awards 'Thought Leader' category ----- The Startup Way reveals how organisations of all sizes can harness startup techniques to drive growth. With his million-copy bestseller The Lean Startup, Eric Ries launched a global movement. Concepts like minimal viable product, A/B testing and 'pivoting' changed the language of business. Now he turns his attention to companies of all sizes - and shows how the startup ethos can breathe new life into even the largest and most bureaucratic organisation. In this groundbreaking new book, he draws on inside stories of transformations at multinationals like General Electric and Toyota, titans like Amazon and Facebook, and tech upstarts like Airbnb and Twilio. He lays out a new framework for entrepreneurial management: a comprehensive approach that kick starts innovation and delivers sustained growth, even in highly uncertain environments. The Startup Way is an essential read for leaders, managers and entrepreneurs at any level. It's a revolutionary approach to incubating great ideas, turning all teams into startups, and inspiring everyone to think like an entrepreneur.


Spinning into Control

Spinning into Control

Author: Amiel Kornel

Publisher: Springer

Published: 2017-11-20

Total Pages: 166

ISBN-13: 113751356X

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Could everything we’ve learned about entrepreneurship simply be wrong? There is no shortage of how-to books with ‘manual’ in the title, and articles promising ‘The 7 [or 6 or 10] key traits of successful entrepreneurs’, which breed an infectious optimism all too often quashed as startups fail. Amiel Kornel puts a persuasive case for an alternative theory that while grounded in the natural way great entrepreneurs operate resists reduction to a simple recipe or method. Kornel, who has coached hundreds of entrepreneurs, believes that disciplined planning, lean management, and commitment are no guarantee of success. The limited resources of a startup demand knowing when and how to explore and ‘tinker’, artfully recombining ideas, designs, media, software, and materials on hand. True venture craftsmen harness and redirect the energy of startups that might otherwise spin dangerously out of control towards failure. The stories of entrepreneurs like Sun Basket’s Adam Zbar, Minecraft’s Markus Persson, Y Combinator’s Paul Graham, and Metacode Technologies’ Joel Schatz are woven throughout the book, along with examples from beyond business, including legendary ocean-racing sailor Isabelle Autissier and acclaimed urban designer Gerard Penot. Kornel shows how meeting challenges in a broad variety of fields rife with uncertainty often relies on the ability to loosen the coupling between command and control, a prerequisite of skillful improvisation.


Lean startup

Lean startup

Author: Eric Ries

Publisher: HVG Kiadó Zrt

Published: 2020-01-21

Total Pages: 427

ISBN-13: 9633049091

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Eric Ries szerint a startup olyan vállalkozás, amelynek célja új termék vagy szolgáltatás létrehozása szélsőségesen bizonytalan feltételek között. Ez ugyanúgy igaz a garázsában szerencsét próbáló egyéni vállalkozóra, mint a Fortune 500-as egyik vállalatának tárgyalótermében összegyűlő rutinos szakemberekre. Hiszen ugyanaz a küldetésük: át kell hatolniuk a bizonytalanság ködén, hogy megtalálják a fenntartható vállalkozáshoz vezető sikeres utat. A lean gyártás tapasztalataira építve a Lean Startup forradalmian új menedzsmentmódszert kínál. Arra biztatja az innovatív vállalkozókat – cégmérettől függetlenül –, hogy ne dőljenek be a hiúsági mutatóknak, inkább a tényleges előrehaladást mérjék, és mielőbb derítsék ki, mit is akarnak valójában az ügyfelek. Üzleti elképzeléseiket pedig folyamatosan teszteljék, és igazítsák a körülményekhez, mielőtt még túl késő lenne.


The Lean Startup

The Lean Startup

Author: Eric Ries

Publisher: National Geographic Books

Published: 2011-09-13

Total Pages: 0

ISBN-13: 0307887898

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Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business. The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Inspired by lessons from lean manufacturing, it relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. Rather than wasting time creating elaborate business plans, The Lean Startup offers entrepreneurs—in companies of all sizes—a way to test their vision continuously, to adapt and adjust before it’s too late. Ries provides a scientific approach to creating and managing successful startups in a age when companies need to innovate more than ever.


Research Handbook on Start-Up Incubation Ecosystems

Research Handbook on Start-Up Incubation Ecosystems

Author: Adam Novotny

Publisher: Edward Elgar Publishing

Published: 2020-02-28

Total Pages: 464

ISBN-13: 1788973534

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This insightful and comprehensive Handbook explores the concept of start-up incubation ecosystems, investigating the various factors that interact to provide a nurturing environment suitable for the successful development of start-ups and illustrating the critical part this plays within entrepreneurial ecosystems. Chapters include literature reviews, theoretical studies, and empirical research featuring both quantitative and qualitative methods, using data from a range of countries analyzed by an international team of authors.


Facilitating Opportunity Development: Increasing Understanding of the Lean Startup Approach in Early Stage High-Tech Entrepreneurship

Facilitating Opportunity Development: Increasing Understanding of the Lean Startup Approach in Early Stage High-Tech Entrepreneurship

Author: Christian Kählig

Publisher: GRIN Verlag

Published: 2011-07-05

Total Pages: 146

ISBN-13: 3640951077

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Master's Thesis from the year 2011 in the subject Business economics - Company formation, Business Plans, grade: 1.0, Technical University of Munich, course: Entrepreneurial Opportunity Development, language: English, abstract: The research objective of this study was to explore how the startup idea development progress was experienced by entrepreneurs and how the Lean Startup Approach (LSA) affected that progress in early stage high-tech entrepreneurship. The Lean Startup movement has gained a lot of traction not only in the Silicon Valley area, but also to some extent in Europe. However, with increasing popularity, criticism starts to get formulated as well. Due to the limited coverage of the LSA, its principles and related management practices in academic literature, it remains difficult to critically assess the validity and effectiveness of the proposed concept. With this study, light is shed on the LS phenomenon by interviewing representative high-tech entrepreneurs and leading proponents of the LS principles and practices. In order to better understand LS principles at work with an emphasis on experienced startup idea development progress, semi-structure interviews with seven Lean Startup Machine (LSM) event participants as well as one mentoring subject matter expert were conducted. The interviewed practitioners were purposely selected from the most and least performing teams according to the appraisal of the LSM event judges. The main reason for choosing the LSM event is the fact that the LSM projects, while somewhat artificial, do provide condensed versions of real life startups, which provides a high information to effort ratio to me as a researcher. Furthermore, a LSA survey tailored to the opportunity development process and a post-LSM-event survey were conducted. The purpose of the multiple mini-cases study (which treated each team working on an entrepreneurial idea as a mini-case) was to explore the opportunity development progress and the role of LS principles and practices from the perspective of consumer Internet high-tech entrepreneurs and LS proponents (mentors) in a highly time-constrained real world LS practitioner event in the USA. Learning about how participants of the event perceived and experienced development progress and the LSA provided insights into the relevance of the LS methodology as a means to accelerate the development progress of an early stage startup idea towards a viable opportunity.


Public Accelerators in Entrepreneurial Ecosystems

Public Accelerators in Entrepreneurial Ecosystems

Author: Jan Harima

Publisher: Springer Nature

Published: 2020-08-27

Total Pages: 263

ISBN-13: 3658316551

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Entrepreneurial ecosystems have recently received considerable attention from scholars and policymakers. This study sheds light on public accelerators as anchor tenants of entrepreneurial ecosystems and aims at investigating their roles in the early ecosystem evolution. Based on a single case study with the Santiago entrepreneurial ecosystem in Chile, this study reveals five steps in which public accelerators orchestrate resources and develops a framework of the role of public accelerators in the evolution of entrepreneurial ecosystems.