Version 1
: Received: 4 April 2021 / Approved: 6 April 2021 / Online: 6 April 2021 (11:48:58 CEST)
How to cite:
Russ, M. Ideation for New Ventures: The Reasonings-Outcomes Matrix, Models and Tools. Preprints2021, 2021040172. https://doi.org/10.20944/preprints202104.0172.v1
Russ, M. Ideation for New Ventures: The Reasonings-Outcomes Matrix, Models and Tools. Preprints 2021, 2021040172. https://doi.org/10.20944/preprints202104.0172.v1
Russ, M. Ideation for New Ventures: The Reasonings-Outcomes Matrix, Models and Tools. Preprints2021, 2021040172. https://doi.org/10.20944/preprints202104.0172.v1
APA Style
Russ, M. (2021). Ideation for New Ventures: The Reasonings-Outcomes Matrix, Models and Tools. Preprints. https://doi.org/10.20944/preprints202104.0172.v1
Chicago/Turabian Style
Russ, M. 2021 "Ideation for New Ventures: The Reasonings-Outcomes Matrix, Models and Tools" Preprints. https://doi.org/10.20944/preprints202104.0172.v1
Abstract
The paper summarizes in a step by step ‘recipe’ format a model of developing new ideas (Ideation) that can be used to form a new venture or develop a new product. The proposed ‘recipes’ are widely used and can be applied in tandem with other prevalently available models or tools. The intention of the paper is also to serve as a resource for entrepreneurs and innovators, and the links and references munificently used in the paper are serving this purpose. The author has used the outline and the tools described here in numerous Ideation classes taught for over a decade in several countries around the world. The paper’s intention is not to conduct a systematic review on the subject of new venture creation or propose new research agenda (for that, see for example Shepherd et al., 2021). The purpose is to provide an effective and efficient set of tools, models and techniques that can assist the entrepreneur in her journey to create and achieve her dreams. One such tool is the matrix of Reasonings-Outcomes introduced here for the first time.
Business, Economics and Management, Accounting and Taxation
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.