Exploring the Dynamics of New Venture Strategies: Dimensions, Factors, and Analytical Framework
Keywords:
New venture strategy, Strategic dimensions, Strategic factors, Analytical framework, EntrepreneurshipAbstract
This research explores the multifaceted landscape of new venture strategies, aiming to uncover the underlying dimensions, influential factors, and analytical framework for strategic decision-making in the context of emerging ventures. Through a comprehensive review of literature and empirical analysis, the study identifies key dimensions of new venture strategies, including market positioning, resource allocation, innovation, risk management, and growth trajectories. By examining a diverse range of factors that influence strategic choices in new ventures, such as market dynamics, competitive landscape, organizational capabilities, and external environment, the research provides a nuanced understanding of the strategic decision-making process. Furthermore, the study develops an analytical framework that integrates these dimensions and factors, offering a systematic approach for evaluating and formulating new venture strategies. Leveraging insights from case studies, interviews with industry experts, and quantitative analysis of venture performance data, the research validates the relevance and applicability of the proposed framework in real-world contexts. The findings contribute to advancing theoretical knowledge and practical insights into the strategic management of new ventures, offering valuable guidance for entrepreneurs, investors, and policymakers navigating the complex landscape of startup development and growth.