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New Venture Ideas: An analysis of their Origin and Early Development
Linköping University, The Institute of Technology. Linköping University, Department of Management and Economics.ORCID iD: 0000-0002-5960-9270
2005 (English)In: Technology Analysis & Strategic Management, ISSN 0953-7325, Vol. 17, no 1, 105-119 p.Article in journal (Refereed) Published
Abstract [en]

One of the requirements for starting a firm is an idea that can be developed into a business opportunity. This paper focuses on the early development of a firm's business idea and the factors that affect this process. The assumption is that the founders of the firm have a core importance in the formulation of the first draft of the idea, but that the continued development and polishing that turns the idea into a business opportunity occurs in interaction with a number of actors in the market such as clients, financiers, suppliers and other collaboration partners. Five wholly newly started knowledge-intensive firms - A-TV, A-Tech, S-Tire, M-Qon and M-Point, all of whom are spin-offs from Linköping University or from firms - are analysed. The results of the study agree with previous research on business opportunities and ideas and the link to the skills base of the founders, envíronmental effects, and changes in the idea over time. Practical and theoretical implications of new venture idea development and entrepreneurship training are presented.

Place, publisher, year, edition, pages
2005. Vol. 17, no 1, 105-119 p.
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:liu:diva-32324DOI: 10.1080/09537320500044776Local ID: 18216OAI: oai:DiVA.org:liu-32324DiVA: diva2:253146
Available from: 2009-10-09 Created: 2009-10-09 Last updated: 2016-05-04

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Klofsten, Magnus

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