We set forth the attributes of forgiving business models that entrepreneurs can use to minimize losses while exploiting ideas to launch new ventures. Venture ideas possessing these attributes have greater potential because they can shift risk to resource providers. Thus, the success of a venture...

Using a sample of 893 SMEs over a ten year period, we test how firms may reduce the inefficiencies in their absorptive capacity (ACAP) due to path dependence. Our research shows that for frequent innovators, potential absorptive capacity (PACAP) has a greater effect than realized absorptive...