A Process-Based Model of New Venture Creation: Toward Modelling a Practical Application of Extant Theory using SADT Diagrams

Although the field of entrepreneurship abounds in studies attempting to explain the creation of new ventures from an array of theoretical perspectives, the answer to the critical question regarding “how” the process unfolds over time remains unsolved. The main goal of this paper is to demonstrate the importance of integrating an engineering point of view with the new business creation process in order to find the answer. This study will dig deeper into the issue by proposing the use of SADT (Structured Analysis and Design Technique) for modelling the “road map” that could assist entrepreneurs in dealing with uncertainties in a systematic and comprehensive way.
Publisher
CIRP
Issue Date
2011
Keywords

Venture Creation Process; Theory; Models; Practical Focus; Modelling; SADT

Citation

21st CIRP Design Conference

URI
http://hdl.handle.net/10203/23652
Appears in Collection
Proceedings of the 21st CIRP Design Conference
Files in This Item
CIRP-Design-2011-Paper10-Rico-et-al.pdf(369.77 kB)Download
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