The Mechanisms of Learning and the Survival of New Ventures

There are two main activities in entrepreneurial process associated with the survival of new ventures: coping with the liabilities of newness and exploit competitive advantage. Entrepreneurship is a process of learning. Based on available research on entrepreneurship, we identify internal and extern...

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Bibliographic Details
Published in2008 International Conference on Computer Science and Software Engineering Vol. 5; pp. 14 - 18
Main Authors Deng Yingyu, Wang Ye
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.12.2008
Subjects
Computer science
Employment
Engineering management
Innovation management
Knowledge management
learning
liabilities of newness
Management training
new venture
Organizing
Software engineering
Stability
survival of new ventures
Technology management
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Summary:There are two main activities in entrepreneurial process associated with the survival of new ventures: coping with the liabilities of newness and exploit competitive advantage. Entrepreneurship is a process of learning. Based on available research on entrepreneurship, we identify internal and external mechanisms of learning in new ventures and propose that the role of learning is highlighted as central as it provides entrepreneurs the possibility to improve their ability to to learn how to overcome traditional obstacles when organizing and managing new ventures (i.e., the liabilities of newness) and exploit competitive advantage in new ventures.
ISBN:0769533361
9780769533360
DOI:10.1109/CSSE.2008.176