The Role of Timing in the Business Model Evolution of Spinoffs
Abstract
Overview:The view of time that dominates conventional management thinking, including the Lean Startup movement’s “fail fast and pivot” approach, often leads to failure in the business model evolution of new ventures spinning off from established firms. Timing is critical for spinoffs because it is a key element of the balance between minimizing risk and maximizing opportunity. In the literature on business model evolution and lean startups,...
Paper Details
Title
The Role of Timing in the Business Model Evolution of Spinoffs
Published Date
Jun 26, 2019
Volume
62
Issue
4
Pages
19 - 26
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