The Lean Startup Framework: Closing the Academic–Practitioner Divide
Author(s) -
Shepherd Dean A.,
Gruber Marc
Publication year - 2021
Publication title -
entrepreneurship theory and practice
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 5.365
H-Index - 155
eISSN - 1540-6520
pISSN - 1042-2587
DOI - 10.1177/1042258719899415
Subject(s) - closing (real estate) , process (computing) , new product development , product (mathematics) , process management , knowledge management , entrepreneurship , dynamic capabilities , business , computer science , marketing , operating system , mathematics , finance , geometry
The lean startup framework is one of the most popular contributions in the practitioner-oriented entrepreneurship literature. This study seeks to generate new insights into how new ventures are started by describing the five main building blocks of the lean startup framework (business model, validated learning/customer development, minimum viable product, perseverance vs. pivoting, market-opportunity navigation), enriching the framework with existing research findings, and proposing promising research opportunities in a way that reduces the academic−practitioner divide. In so doing, we hope to enhance researchers’ understanding of the startup process; provide knowledge for educators; and, ultimately, improve the startup process for practitioners.
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