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How Do New Ventures Evolve? An Inductive Study of Archetype Changes in Science-Based Ventures

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  • Tina C. Ambos

    (Vienna University of Economics and Business, A-1090 Vienna, Austria)

  • Julian Birkinshaw

    (London Business School, London NW1 4SA, United Kingdom)

Abstract

This paper presents a process study on the evolution of new ventures. We adopt the theoretical lens of “archetypes,” which allows us to take a holistic perspective on new venture evolution and to provide rich insights into the interdependencies between the multiple contributory factors that shape the evolutionary process. Our analysis identifies three distinct “venture archetypes,” which typically emphasize one focal area of a business, and it sheds light on the sequencing of these archetypes. We show how the case ventures go through interarchetype transitions, which are triggered by collective cognitive dissonance between the venture leaders' understanding of the old interpretive scheme and the emerging reality and are resolved through internal negotiations. The research provides insights into new venture evolution, the theory of organizational archetypes, and punctuated equilibrium perspectives on organizational change.

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  • Tina C. Ambos & Julian Birkinshaw, 2010. "How Do New Ventures Evolve? An Inductive Study of Archetype Changes in Science-Based Ventures," Organization Science, INFORMS, vol. 21(6), pages 1125-1140, December.
    • Handle: RePEc:inm:ororsc:v:21:y:2010:i:6:p:1125-1140
    DOI: 10.1287/orsc.1090.0504
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    Cited by:

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    4. Per Davidsson & Jan Henrik Gruenhagen, 2021. "Fulfilling the Process Promise: A Review and Agenda for New Venture Creation Process Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1083-1118, September.
    5. Abdelghani Es-Sajjade & Terry Wilkins, 2017. "Design, Perception and Behavior in the Innovation Era: Revisiting the Concept of Interdependence," Journal of Organization Design, Springer;Organizational Design Community, vol. 6(1), pages 1-12, December.
    6. Mathias, Blake D. & Williams, David W., 2018. "Giving up the hats? Entrepreneurs' role transitions and venture growth," Journal of Business Venturing, Elsevier, vol. 33(3), pages 261-277.
    7. Marius Tuft Mathisen & Einar Rasmussen, 2019. "The development, growth, and performance of university spin-offs: a critical review," The Journal of Technology Transfer, Springer, vol. 44(6), pages 1891-1938, December.
    8. Lauto, Giancarlo & Salvador, Elisa & Visintin, Francesca, 2022. "For what they are, not for what they bring: The signaling value of gender for financial resource acquisition in academic spin-offs," Research Policy, Elsevier, vol. 51(7).
    9. Fabrice L. Cavarretta & Nathan R. Furr, 2014. "An Inquiry into the Epistemic Properties of Entrepreneurs' Theories of Action," Working Papers hal-01083875, HAL.
    10. Julian Birkinshaw & Tina C. Ambos & Cyril Bouquet, 2017. "Boundary Spanning Activities of Corporate HQ Executives Insights from a Longitudinal Study," Journal of Management Studies, Wiley Blackwell, vol. 54(4), pages 422-454, June.
    11. Colombo, Massimo G. & Mohammadi, Ali & Lamastra, Cristina Rossi, 2014. "Innovative business models for high-tech entrepreneurial ventures: the organizational design challenges," Working Paper Series in Economics and Institutions of Innovation 366, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    12. Antonella La Rocca & Andrea Perna & Ivan Snehota & Francesco Ciabuschi, 2019. "The role of supplier relationships in the development of new business ventures," Post-Print hal-02285105, HAL.
    13. Hao Zhang & Xinbo Sun & Chan Lyu, 2017. "Exploratory Orientation, Business Model Innovation and New Venture Growth," Sustainability, MDPI, vol. 10(1), pages 1-15, December.
    14. Tali Hadasa Blank & Abraham Carmeli, 2021. "Does founding team composition influence external investment? The role of founding team prior experience and founder CEO," The Journal of Technology Transfer, Springer, vol. 46(6), pages 1869-1888, December.
    15. Davidsson, Per & Gruenhagen, Jan Henrik, 2022. "Two types of entrepreneurship process research revisited: Solidifying the evidence and moving forward," Journal of Business Venturing Insights, Elsevier, vol. 18(C).
    16. Jayasuriya, Lennart, 2023. "Managing Customer Success: An Evolutionary Process Model for Role Development in SaaS Entrepreneurial Ventures," Junior Management Science (JUMS), Junior Management Science e. V., vol. 8(3), pages 591-616.
    17. Peter Kalum Schou, 2023. "Coming Apart While Scaling Up – Adoption of Logics and the Fragmentation of Organizational Identity in Science‐Based Ventures," Journal of Management Studies, Wiley Blackwell, vol. 60(3), pages 688-721, May.
    18. Weiqi Dai & Mingqing Liao & Qiao Lin & Jincai Dong, 2022. "Does entrepreneurs’ proactive attention to government policies matter?," Asian Business & Management, Palgrave Macmillan, vol. 21(3), pages 396-431, July.
    19. Revital Hollander Shabtai & Or Tzofi & Tali Hadasa Blank, 2025. "Unlocking growth potential: investigating the significance of firm location for music startups," International Entrepreneurship and Management Journal, Springer, vol. 21(1), pages 1-20, December.
    20. Lecluyse, Laura & Knockaert, Mirjam, 2020. "Disentangling satisfaction of tenants on science parks: A multiple case study in Belgium," Technovation, Elsevier, vol. 98(C).
    21. Cavarretta, Fabrice & Furr , Nathan, 2014. "An Inquiry into the Epistemic Properties of Entrepreneurs' Theories of Action," ESSEC Working Papers WP1415, ESSEC Research Center, ESSEC Business School.
    22. Snihur, Yuliya & Clarysse, Bart, 2022. "Sowing the seeds of failure: Organizational identity dynamics in new venture pivoting," Journal of Business Venturing, Elsevier, vol. 37(1).
    23. Lien Denoo & Anneleen Van Boxstael & Andrea Belz, 2024. "Help, I need somebody! Business and technology advisors in emerging science-based ventures at American universities," The Journal of Technology Transfer, Springer, vol. 49(5), pages 1567-1605, October.
    24. Weiqi Dai & Mingqing Liao, 2019. "Entrepreneurial attention to deregulations and reinvestments by private firms: Evidence from China," Asia Pacific Journal of Management, Springer, vol. 36(4), pages 1221-1250, December.
    25. Massimo G. Colombo & Cristina Rossi-Lamastra, 2013. "The organizational design of high- tech start- ups: state of the art and directions for future research," Chapters, in: Anna Grandori (ed.), Handbook of Economic Organization, chapter 21, Edward Elgar Publishing.

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