Institutionalizing portfolio entrepreneurship: the Venture Studio model

Viglialoro, Davide, Sansone, Giuliano, Ughetto, Elisa, Landoni, Paolo and Lukeš, Martin (2026) Institutionalizing portfolio entrepreneurship: the Venture Studio model. Technovation, 158. ISSN 0166-4972

Preview	PDF (Accepted_paper) - Accepted Version Download (1MB) | Preview
Preview	PDF (1-s2.0-S0166497226002348-main) - Published Version Available under License Creative Commons Attribution. Download (7MB) | Preview

Abstract

Venture Studios (VSs) are organizations that create start-ups by acting as founders or co-founders and operating through standardized venture creation processes conducted in parallel. To examine this organizational model and delineate its distinctiveness from others, we developed a global database, conducted multiple case studies with twelve European VSs and two international networks, and administered a worldwide survey. Drawing on human capital and organizational learning perspectives, this study identifies the architectural characteristics and mechanisms through which VSs institutionalize portfolio entrepreneurship. Our findings reveal how VSs convert individual entrepreneurial expertise into organizationally codified human capital. In doing so, VSs extend entrepreneurial agency and cognition from individuals to organizations, offering an organizational model for parallel venture creation. Finally, we clarify how VSs complement other entrepreneurial actors by reducing early-stage uncertainty and generating validated, investment-ready ventures.

Item Type:	Article
Additional Information:	Data availability: The data that have been used are confidential.
Uncontrolled Keywords:	venture studio,new venture creation,portfolio entrepreneurship,human capital,entrepreneurial learning,entrepreneurial support organizations,sdg 9 - industry, innovation, and infrastructure,4* ,/dk/atira/pure/sustainabledevelopmentgoals/industry_innovation_and_infrastructure
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Strategy and Entrepreneurship
Depositing User:	LivePure Connector
Date Deposited:	28 Aug 2026 15:31
Last Modified:	07 Sep 2026 16:05
URI:	https://ueaeprints.uea.ac.uk/id/eprint/104392
DOI:	issn:0166-4972

Downloads

Actions (login required)

View Item