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Resourcing Lab Experiments for New Ventures: The Potential of a Start-up Database

In: The Experimental Nature of New Venture Creation

Author

Listed:
  • Alberto Pietrobon

    (IBM Svenska AB)

Abstract

In the past few decades, venture capitalists and business angels have typically financed start-ups based on new ideas and products. The proposal for a system of laboratory experiments is designed to provide new entrepreneurs not only with money, but also with experience and knowledge before they venture into the market. The main objectives are to minimize mistakes, to increase efficiency and enable the entrepreneur to operate effectively from the very beginning. From this perspective, laboratory experiments should make it possible to reach positive results that otherwise could have been achieved only after several years of experience in the ‘real world’.

Suggested Citation

  • Alberto Pietrobon, 2013. "Resourcing Lab Experiments for New Ventures: The Potential of a Start-up Database," Innovation, Technology, and Knowledge Management, in: Martin Curley & Piero Formica (ed.), The Experimental Nature of New Venture Creation, edition 127, chapter 0, pages 93-96, Springer.
    • Handle: RePEc:spr:innchp:978-3-319-00179-1_9
    DOI: 10.1007/978-3-319-00179-1_9
    as

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