New Business Ventures Session #2: Venture Creation – A Process Framework. PROFESSOR BALAGOPAL VISSA INSEAD 1, Ayer Rajah Avenue Singapore 138676 --- Office: (65) 67995382 Hand phone: (65) 94244573 Email: [email protected]
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
New Business Ventures
Session #2: Venture Creation – A Process Framework
PROFESSOR BALAGOPAL VISSA
1, Ayer Rajah Avenue
Office: (65) 67995382
Hand phone: (65) 94244573
Email: [email protected]
These notes are intended to support class discussions. They should not be considered a comprehensive set of issues to be dealt with.
Crucial: How to get from idea to business?
Source: Based on Reynolds (1994)
“Our venture idea came from an accidental process that just happened to uncover the concept”
Source: Hills and Shrader, “Successful Entrepreneurs’ lusights into Opportunity Recognition”, 1998
Supply & Demand Boundary
Source: Adapted from Bhave (1994), Journal of Business Venturing 9: 223-242
Source: Bhave (1994)
Undertaking activities to generate legitimacy:
How do founders know what resources to pursue and how to transform them?
Source: Gimeno, Folta,
Cooper and Woo (1997), ASQ.