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Scaling New Ventures

In: Entrepreneurial Strategy

Author

Listed:
  • Dean A. Shepherd

    (University of Notre Dame)

  • Holger Patzelt

    (Technische Universität München)

Abstract

Although scalingscaling is a “hot topic” in the practitioner literature, it has mostly been ignored (at least explicitly) in the academic literature. Building on a recent editorial, this chapter highlights the importance of scaling for new venture growthgrowth . ScalingScaling refers to spreading excellence within a venture as it grows (organically or through acquisition) from a new (and often small) organization to an established, large organization (Shepherd & Patzelt in Entrepreneurship Theory and Practice, https://doi.org/10.1177/1042258720950599 , 2020). In this chapter, we explore the drivers and consequences of scaling and explain how knowledge management facilitates scaling, how founderfounder replacement impacts scaling, and how current scaling influences subsequent scaling.

Suggested Citation

  • Dean A. Shepherd & Holger Patzelt, 2021. "Scaling New Ventures," Springer Books, in: Entrepreneurial Strategy, chapter 0, pages 101-117, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-78935-0_5
    DOI: 10.1007/978-3-030-78935-0_5
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