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• W1582626952 abstract "We describe the development of a novel approach to generating theory about the behaviour of an entrepreneurial or start-up system. The new technology business creation system in and around the cities of Bath and Bristol in the UK was analysed using an inductive modelling approach that hybridises grounded theory with system dynamics, a technique we have called grounded systems modelling. Three models that represent the stages of development of an idea through to successful exploitation have been derived from the data – i) Spotting an opportunity, testing and validation; ii) Realistic equity position, and iii) Scale up and exit. From these models a number of useful dynamic hypotheses have been developed which can be tested by suitable longitudinal studies. The results are discussed in the context of entrepreneurial research and a critique of the methodology is offered. Keywords—System dynamics, grounded theory, inductive modelling, entrepreneur, entrepreneurialism, venture capital, start-up." @default.
• W1582626952 created "2016-06-24" @default.
• W1582626952 creator A5074972555 @default.
• W1582626952 date "2010-01-01" @default.
• W1582626952 modified "2023-09-23" @default.
• W1582626952 title "Inductive modelling of an entrepreneurial system" @default.
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• W1582626952 hasPublicationYear "2010" @default.
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