Ensuring Viability in Early-Stage Digital Ventures: The Role of Digital Resource Orchestration in Pivoting

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dc.contributor.authorPerrelet, Simon
dc.contributor.authorDibbern, Jens
dc.date.accessioned2024-12-26T21:08:51Z
dc.date.available2024-12-26T21:08:51Z
dc.date.issued2025-01-07
dc.description.abstractFounding a new venture is an uncertain endeavor, with most start-ups statistically doomed to failure. Pivoting, the structured course correction to test new fundamental hypotheses is crucial for the survival of new ventures. This study examines how eight early-stage digital ventures in the financial services industry orchestrate their digital resources to pivot and ensure viability. Five key processes of digital resource orchestration are identified: scrounging, interfacing, optimizing, elevating, and reconstructing. The study discusses how these processes enhance our understanding of digital entrepreneurship and the stage-setting role of digital resources in the early stages of venture development.
dc.format.extent10
dc.identifier.doi10.24251/HICSS.2025.612
dc.identifier.isbn978-0-9981331-8-8
dc.identifier.other3521da70-0095-4db5-a418-564c1ebd70cc
dc.identifier.urihttps://hdl.handle.net/10125/109460
dc.relation.ispartofProceedings of the 58th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectInnovation and Entrepreneurship: Theory and Practice
dc.subjectdigital entrepreneurship, digital market offering, digital resources, digital venture, pivoting
dc.titleEnsuring Viability in Early-Stage Digital Ventures: The Role of Digital Resource Orchestration in Pivoting
dc.typeConference Paper
dc.type.dcmiText
prism.startingpage5098

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