Passionate bricoleurs and new venture survival

A Systematic Approach to Terahertz-based Glucose Monitoring

“…Christensen et al, 2016). Moreover, studies on micro, small and medium sized organizations' (SMEs) survival provide growing evidence that entrepreneurial passion and originality can, indeed, compensate limited resources (Stenholm & Renko, 2016). This intrinsic motivation and aspiration of abstract nature, i.e.…”

Wearables and Wellness for the Young Elderly - Transforming Everyday Lives?

“…Bricolage means good understanding of the resources at hand; innovative, 'good enough' use of combinations of resources at hand to problems, or, opportunities; and active self-correcting trial-and-error "make do" -behaviour. For example, Stenholm and Renko (2016) suggest that the entrepreneurs passionate about developing their firms and inventing new solutions are more likely to engage in bricolage. This involves "creative manipulation of 'existing' or 'available' resources, such as materials and financial resources, to solve a problem at hand or to create new opportunities" (Stenholm & Renko, 2016).…”

“…For example, Stenholm and Renko (2016) suggest that the entrepreneurs passionate about developing their firms and inventing new solutions are more likely to engage in bricolage. This involves "creative manipulation of 'existing' or 'available' resources, such as materials and financial resources, to solve a problem at hand or to create new opportunities" (Stenholm & Renko, 2016). Furthermore, bricolage is a form of effectual reasoning of an entrepreneur to avoid the hazards embedded in the critical early stages of a new firm (Stenholm & Renko, 2016).…”

“…This involves "creative manipulation of 'existing' or 'available' resources, such as materials and financial resources, to solve a problem at hand or to create new opportunities" (Stenholm & Renko, 2016). Furthermore, bricolage is a form of effectual reasoning of an entrepreneur to avoid the hazards embedded in the critical early stages of a new firm (Stenholm & Renko, 2016). They conclude that "passion for inventing and developing enhances entrepreneurs' "make do" behavior and, consequently, indirectly increases the chances for entrepreneurial survival".…”

Bricolage: A State of Entrepreneurial Excellence

“…Highly passionate entrepreneurs (about their start-ups) use bricolage, an entrepreneurial approach to resource building and utilization. Stenholm and Renko (2016) suggest that entrepreneurial passion is an antecedent to bricolage, which becomes a mediator to early survival. Baker and Nelson (2005) provide an answer to our quest for a relationship between bricoleurs and entrepreneurs as they state that entrepreneurs have essentially three options when confronting environments that present new challenges without providing new resources: (1) to seek resources from domains external to the firm; (2) to avoid new challenges by remaining inert and downsizing; or (3) to enact bricolage by making do by applying combinations of resources at hand to new problems and opportunities.…”