Research on learning processes in an entrepreneurial context is still in an early stage. Only recently, researchers’ attention has shifted on the cognitive processes that take place as opportunities are explored, solutions are developed, and their potential risk and returns are gradually made...

The conditions that influence successful learning inentrepreneurial innovation are explored.First, the learning context inentrepreneurial ventures, which is marked by ambiguity and a paucity ofresources, is described.Next, data from interviews with the foundingpartners and employees of a...