Entrepreneurs and Investors: Funding-Induced Distortions in Lean Start-up Product Experiments and Innovation
References
- (2014) Why Silicon Valley’s “fail fast” mantra is just hype. Forbes (July 14), https://www.forbes.com/sites/robasghar/2014/07/14/why-silicon-valleys-fail-fast-mantra-is-just-hype/.Google Scholar
- (2004) Managing NPD: Cost and schedule performance in design and manufacturing. Management Sci. 50(4):527–536.Link, Google Scholar
- (2005) The financing of innovation: Learning and stopping. RAND J. Econom. 36(4):719–752.Google Scholar
- (2020) Sequential product development and introduction by cash-constrained start-ups. Manufacturing Service Oper. Management 23(6):1505–1523.Link, Google Scholar
- (2013) Why the lean start-up changes everything. Harvard Bus. Rev. (May), https://hbr.org/2013/05/why-the-lean-start-up-changes-everything.Google Scholar
- (2014) Real option financing under asymmetric information. Rev. Financial Stud. 27(1):180–210.Crossref, Google Scholar
- (1997) New product development structures and time-to-market. Management Sci. 43(4):452–464.Link, Google Scholar
- (2008) Entrepreneurial selection and success: Does education matter? J. Small Bus. Enterprise Development 15(2):239–258.Crossref, Google Scholar
- Entrepreneur (2018) 5 big brands that had massively successful pivots. (February 15), https://entm.ag/u1j.Google Scholar
- (2008) Sequential testing of product designs: Implications for learning. Management Sci. 54(5):956–968.Link, Google Scholar
- (2017) How angel know-how shapes ownership sharing in stage-based contracts. Entrepreneurship Theory Practice 43(4):773–801.Crossref, Google Scholar
- (2006) The Venture Capital Cycle, 2nd ed. (MIT Press, Cambridge, MA).Google Scholar
- (1990) Conjoint analysis in marketing: New developments with implications for research and practice. J. Marketing 54(4):3–19.Crossref, Google Scholar
- (2010) From minds to markets: How human capital endowments shape market opportunity identification of technology start-ups. J. Management 38(5):1421–1449.Google Scholar
- (2003) Measuring preferences for really new products. J. Marketing Res. 40(4):406–420.Crossref, Google Scholar
- (2004) What do entrepreneurs pay for venture capital affiliation? J. Finance 59:1805–1844.Crossref, Google Scholar
- (2014) Crowdsourcing new product ideas under consumer learning. Management Sci. 60(9):2138–2159.Link, Google Scholar
- (2014) Entrepreneurship as experimentation. J. Econom. Perspect. 28(3):25–48.Crossref, Google Scholar
- (2016) Why startup pivots almost never work. Inc. Magazine (September), https://www.inc.com/larry-kim/why-startup-pivots-almost-never-work.html.Google Scholar
- (2011) Integrated product architecture and pricing for managing sequential innovation. Management Sci. 57(11):2040–2053.Link, Google Scholar
- (2001) Product development decisions: A review of the literature. Management Sci. 47(1):1–21.Link, Google Scholar
- (2022) The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale (Crown, New York).Google Scholar
- (2001) Parallel and sequential testing of design alternatives. Management Sci. 47(5):663–678.Link, Google Scholar
- (2019) Race influences professional investors’ financial judgments. Proc. Natl. Acad. Sci. USA 116(35):17225–17230.Crossref, Google Scholar
- (1992) New product models: Practice, shortcomings and desired improvements. J. Product Innovation Management 9(2):128–139.Crossref, Google Scholar
- (2011) Motivating innovation. J. Finance 66:1823–1860.Crossref, Google Scholar
- (1992) The principal-agent relationship with an informed principal, II: Common values. Econometrica 60(1):1–42.Crossref, Google Scholar
- (1958) The cost of capital, corporation finance and the theory of investment. Amer. Econom. Rev. 48(3):261–297.Google Scholar
- (2016) Financing entrepreneurial experimentation. Innovation Policy Econom. 16(1):1–23.Crossref, Google Scholar
- (2017) Entrepreneurial Marketing: An Effectual Approach (Taylor & Francis, London).Crossref, Google Scholar
- (2007) Design architecture and introduction timing for rapidly improving industrial products. Manufacturing Service Oper. Management 10(1):149–171.Link, Google Scholar
- (2011) The Lean Startup (Crown Business, New York).Google Scholar
- (1979) Monopolistic competition with outside goods. Bell J. Econom. 10(1):141–156.Crossref, Google Scholar
- (2010) Why are bad products so hard to kill? Management Sci. 56(7):1161–1179.Link, Google Scholar
- (2004) Selectionism and learning in projects with complexity and unforeseeable uncertainty. Management Sci. 50(10):1334–1347.Link, Google Scholar
- (2007) How smart is smart money? A two-sided matching model of venture capital. J. Finance 62:2725–2762.Crossref, Google Scholar
- (1989) Efficient capital markets, inefficient firms: A model of myopic corporate behavior. Quart. J. Econom. 104(4):655–669.Crossref, Google Scholar
- (2024) Can customer ratings amplify discrimination? Evidence from a gig economy platform. Working paper, Yale School of Management, New Haven, CT.Google Scholar
- (2004) Collaborative prototyping and the pricing of custom-designed products. Management Sci. 50(2):145–158.Link, Google Scholar
- (1998) Managing experimentation in the design of new products. Management Sci. 44(6):743–762.Link, Google Scholar
- (2006) Idea generation, creativity, and incentives. Marketing Sci. 25(5):411–425.Link, Google Scholar
- (2021) A theoretical analysis of the lean start-up method. Marketing Sci. 40(3):395–412.Link, Google Scholar

