IDEAS home Printed from https://ideas.repec.org/a/eee/techno/v134y2024ics0166497224001019.html
   My bibliography  Save this article

How start-ups translate learning from innovation failure into strategies for growth

Author

Listed:
  • Corvello, Vincenzo
  • Troise, Ciro
  • Schiuma, Giovanni
  • Jones, Paul

Abstract

Start-ups can make a decisive contribution to the development of innovation. These organizations are designed to experiment with new technologies and business models. In their growth process, learning from failure plays a decisive role. This study enriches our understanding of learning from failure, particularly in start-ups, by analyzing 21 innovative start-ups that have faced experiences of failure. The theories of organizational learning and dynamic capabilities are applied to identify the responses of start-ups to failure and their implications in terms of learning. Six response strategies were identified: external monitoring, internal evaluation, resource acquisition and mobilization, value creation and capture, team-level entrepreneurial, and organizational learning. These response strategies are grouped into the three dynamic capabilities dimensions: sensing, seizing, and transforming. These strategies are relevant for start-ups to overcome difficulties and continue their growth and innovation. They also offer a guideline for start-ups to develop strategies for systematic learning from failures.

Suggested Citation

  • Corvello, Vincenzo & Troise, Ciro & Schiuma, Giovanni & Jones, Paul, 2024. "How start-ups translate learning from innovation failure into strategies for growth," Technovation, Elsevier, vol. 134(C).
    • Handle: RePEc:eee:techno:v:134:y:2024:i:c:s0166497224001019
    DOI: 10.1016/j.technovation.2024.103051
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0166497224001019
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.technovation.2024.103051?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:techno:v:134:y:2024:i:c:s0166497224001019. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/01664972 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.