Renewal Through Internal Development

Part 1 Introduction: the problem; the purpose of the study; a short presentation of the cases studied; the structure of the book. Part 2 Business development as investment: how are investments initiated?; how are ideas for new ventures shaped?; the planning phase and learning; entrepreneurship and the impetus process; vision versus control; business development and investment. Part 3 Business development as the development of competence: competence and success; how has competence been acquired?; competence on the production side; competence on the market side; competence on the administrative side; business idea and structure; some observations on competence. Part 4 Business development as diversification: the decision to diversify; the choice of direction of diversification; barriers to entry; the mode of entry; relatedness - a concept with many interpretations; concluding remarks. Part 5 Experiences and financial results: the experiences and advice of the interview subjects; anticipated versus real outcomes; absence of fit; lack of learning. Part 6 Conclusions and summary: some causes of success and failure; ten basic themes and lessons. Appendices: research methodology; the 13 cases.