The Nature of the Gap

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Copyright: 2023
Pages: 15
Source title: Moving From R&D Development to Production and Sales in Start-Up Companies
Source Author(s)/Editor(s): Amiram Porath (APC, Israel)
DOI: 10.4018/978-1-7998-5685-6.ch005

Keywords: Business & Management / Business & Organizational Research / Business Science Reference / Small and Medium Enterprises

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Abstract

This chapter describes the gap between the complete firm and the TSU and the challenge it presents to the enterprise and to the entrepreneur/owner. First, the different aspects of the gap are presented. The description of the required changes follows. This includes the establishment and growth of missing units/activities in the TSU required to make it a complete firm along with the demands this change places on the entrepreneurs/owners. The issue of the required learning relating to the required accumulation of managerial capabilities is presented. This leads to a discussion of the potential crisis that may result from the need to address the new demands. Some potential risks for the entrepreneur are presented regarding the change.

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