<title>Abstract</title> This paper develops a model of entrepreneurial learning in order to explain how VCs support the process of entrepreneurial learning and thereby add value to their ventures. We draw on two generic approaches to learning, termed the hypothesis-testing mode and the hermeneutic mode, which...

Risk is central to innovation, but in order to be theoretically interesting and of practical use, the relation between risk and innovation needs to be investigated in more specific situations. This paper explores the risk conceptions of innovators in two large corporations and identifies three...

The notion of opportunities is fast becoming a central theme in the field of entrepreneurship research. As part of this growing interest, the ontological status of opportunities has been scrutinized with researchers tending to view them as either objectively existing or socially created. In the...

While venture capital has become a global phenomenon, our knowledge about regional differences in venture capitalist (VC) behavior is quite poor. Most cross-regional comparisons have been quantitative replications of US based studies, which has made it difficult to discern qualitative...

Research surveys of the field of entrepreneurship suggest that the maturation and institutionalization of entrepreneurship as a research field brings about both new opportunities and constraints from established thoughts and practices. In this chapter we explore some commonly applied questions...

Abstract: Why do entrant firms sometimes gain the upper hand under conditions of discontinuous technological change? Previous research on this topic has either looked at the role of established competencies and/or firm incentives to invest in a new technology. In this paper we explore an...