Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America
Many entrepreneurial firms risk falling into a cash flow “Valley of Death”‐the stage of a young firmʼs life when seed funding is running dry but the firm has yet to secure sufficient additional funding to carry it through to product commercialization.This is particularly true in the nascent cleantec...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2012-03-01
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| Series: | New England Journal of Entrepreneurship |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/NEJE-15-01-2012-B002/full/pdf?title=persistence-and-survival-in-entrepreneurship-the-case-of-the-wave-energy-conversion-corporation-of-america |
| _version_ | 1811288328696233984 |
|---|---|
| author | Giles Jackson Randy Boxx |
| author_facet | Giles Jackson Randy Boxx |
| author_sort | Giles Jackson |
| collection | DOAJ |
| description | Many entrepreneurial firms risk falling into a cash flow “Valley of Death”‐the stage of a young firmʼs life when seed funding is running dry but the firm has yet to secure sufficient additional funding to carry it through to product commercialization.This is particularly true in the nascent cleantech sector, where investments are often complex and capital intensive. Drawing on an in-depth interview with seasoned entrepreneur Brian Cunningham, CEO of the Wave Energy Conversion Corporation of America, this article explores the role of persistence in entrepreneurship, distinguishing between “calculated” and “blind” persistence. |
| first_indexed | 2024-04-13T03:34:27Z |
| format | Article |
| id | doaj.art-ff770324c7314540b886a190d6c7c37a |
| institution | Directory Open Access Journal |
| issn | 2574-8904 |
| language | English |
| last_indexed | 2024-04-13T03:34:27Z |
| publishDate | 2012-03-01 |
| publisher | Emerald Publishing |
| record_format | Article |
| series | New England Journal of Entrepreneurship |
| spelling | doaj.art-ff770324c7314540b886a190d6c7c37a2022-12-22T03:04:22ZengEmerald PublishingNew England Journal of Entrepreneurship2574-89042012-03-01151192710.1108/NEJE-15-01-2012-B002Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of AmericaGiles Jackson0Randy Boxx1Shenandoah UniversityShenandoah UniversityMany entrepreneurial firms risk falling into a cash flow “Valley of Death”‐the stage of a young firmʼs life when seed funding is running dry but the firm has yet to secure sufficient additional funding to carry it through to product commercialization.This is particularly true in the nascent cleantech sector, where investments are often complex and capital intensive. Drawing on an in-depth interview with seasoned entrepreneur Brian Cunningham, CEO of the Wave Energy Conversion Corporation of America, this article explores the role of persistence in entrepreneurship, distinguishing between “calculated” and “blind” persistence.https://www.emerald.com/insight/content/doi/10.1108/NEJE-15-01-2012-B002/full/pdf?title=persistence-and-survival-in-entrepreneurship-the-case-of-the-wave-energy-conversion-corporation-of-americaentrepreneurshipentrepreneurial traits |
| spellingShingle | Giles Jackson Randy Boxx Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America New England Journal of Entrepreneurship entrepreneurship entrepreneurial traits |
| title | Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America |
| title_full | Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America |
| title_fullStr | Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America |
| title_full_unstemmed | Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America |
| title_short | Persistence and survival in entrepreneurship: The case of the wave energy conversion corporation of America |
| title_sort | persistence and survival in entrepreneurship the case of the wave energy conversion corporation of america |
| topic | entrepreneurship entrepreneurial traits |
| url | https://www.emerald.com/insight/content/doi/10.1108/NEJE-15-01-2012-B002/full/pdf?title=persistence-and-survival-in-entrepreneurship-the-case-of-the-wave-energy-conversion-corporation-of-america |
| work_keys_str_mv | AT gilesjackson persistenceandsurvivalinentrepreneurshipthecaseofthewaveenergyconversioncorporationofamerica AT randyboxx persistenceandsurvivalinentrepreneurshipthecaseofthewaveenergyconversioncorporationofamerica |