Kählig

Facilitating Opportunity Develop Kählig

Master's Thesis from the year 2011 in the subject Business economics - Company formation, Business Plans, grade: 1.0, Technical University of Munich, course: Entrepreneurial Opportunity Development, language: English, comment: Final feedback from my internationally renowned thesis advisor Prof. Dr. Xxxx: "It is a very well organized, sophisticated, and clearly reported study ... Participation rates on your survey were very good and as you reported the results you made good use of quotations to justify and explain your conclusions". Appraisal from Harvard Business School Professor Xxxx: "This is superb work: thorough and well written ... I¿ve already mined your bibliography and discovered a series of articles that have been helpful in my own research". , abstract: The research objective of this study was to explore how the startup idea development progress was experienced by entrepreneurs and how the Lean Startup Approach (LSA) affected that progress in early stage high-tech entrepreneurship. The Lean Startup movement has gained a lot of traction not only in the Silicon Valley area, but also to some extent in Europe. However, with increasing popularity, criticism starts to get formulated as well. Due to the limited coverage of the LSA, its principles and related management practices in academic literature, it remains difficult to critically assess the validity and effectiveness of the proposed concept. With this study, light is shed on the LS phenomenon by interviewing representative high-tech entrepreneurs and leading proponents of the LS principles and practices. In order to better understand LS principles at work with an emphasis on experienced startup idea development progress, semi-structure interviews with seven Lean Startup Machine (LSM) event participants as well as one mentoring subject matter expert were conducted. The interviewed practitioners were purposely selected from the most and least performing teams according to the appraisal of the LSM