Examines the internal corporate venturing process by comparing trial-and-error learning with action persistence. The model developed focuses on two key concepts – uncertainty and ambiguity. To examine numerous hypotheses that result from this model, data were gathered from a venture within a...

In this study, we examine whether there is a relationship between the three key espoused criteria that early-stage investors use for evaluating new venture opportunities (the entrepreneurial team, the market potential and the product/service) and subsequent new venture performance. We test this...