In addition to having a direct impact on the entrepreneur’s actual (follow-up) exit, entrepreneurial harvest and exit strategies are an essential component of the entrepreneurial process because they are often developed early in the life of the company, when many of the firm’s potential future orientations may be formed and thus helps in deciding the sustenance of business in market.
Highlights:
1. The innovation process in entrepreneurship depends on having appropriate harvest and exit strategies because they offer a disciplined framework for controlling risk, allocating resources, attracting investment, and gathering input from the market.
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