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Growing the Entrepreneurial Firm: Building Lasting Success

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Nurturing Science-based Ventures

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Abstract

A promising opportunity has been identified, a skilled team assembled, a compelling business plan written, and the initial financing secured. Yet this is not the time to lean back – the journey has just started. Now, the venture is supposed to grow and leverage its first sales. Growth, however, entails new challenges and requirements. In this chapter we look at the leadership and management qualities of the new venture team and the organization-building capability required of the entrepreneurial manager. In addition, we will explore different growth strategies and highlight some challenges to be mastered along the way, which are also evident in the case examples included here.

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(2008). Growing the Entrepreneurial Firm: Building Lasting Success. In: Nurturing Science-based Ventures. Springer, London. https://doi.org/10.1007/978-1-84628-874-6_4

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