The impact of business advice: interplay between entrepreneur and experts. (3rd July 2016) - Ljungkvist, Torbjörn
Abstract : During a springboard session, the entrepreneur meets an expert panel which gives him or her strategic advice. How these meetings transpire is of great importance when it comes to the support of regional, as well as national entrepreneurship and economic growth. The purpose of this paper is to investigate what is verbally expressed during these meetings and how this can assist entrepreneurship. Eleven different springboards are investigated via the method of content analysis. These springboards concerned entrepreneurs who merely sought strategic business advice or those who applied for venture capital. The results indicate that the entrepreneurs who applied for venture capital had less use for the advice than the other group. This can partly be explained by panel members' focus on risk and the institutionalized conditions which build on a rational discourse.