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Silberzahn, Philippe Archives - Ideas for Leaders

Flexibility Vs Commitment in the Entrepreneurial Process

Scholars have identified different approaches to the management of uncertainty in the entrepreneurial process. The ‘classic’ model is ‘focused commitment’. The argument in this stream of research is that making commitments early may secure future opportunities and discourage rivals from investing, accelerate learning and enable economies of scale, and provide ‘first mover’ advantage. Put very […]

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