Researchers have described a "fully developed new firm" with a number of characteristics, including:

Question

Quizplus · Accepted Answer

A fully developed new firm typically involves the full-time commitment of the founders and owners and requires formal financial support to establish and grow the business. Minimal hiring may be a characteristic of a lean startup approach, but it is not a defining characteristic of a "fully developed" new firm.

Researchers Have Described a "Fully Developed New Firm" with a Number