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New Venture Creation: Entrepreneurship for the 21st Century is about the actual process of getting a new venture started, growing the venture, successfully harvesting it, and starting again. It continues to be the product of experience and considerable research in the field--rooted in real-world application and refined in the classroom. The design and flow of the book are..more
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Published September 4th 2008 by Irwin/McGraw-Hill (first published January 1st 1990)
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New Venture Creation: Entrepreneurship for the 21st Century
0073381551 (ISBN13: 9780073381558)
English
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New Venture Creation 8th Edition

Jun 03, 2013Vladislav Tzvetanov rated it it was amazing
J Timmons was a professor who practiced in real business world what he taught at University. Thus the book is excellent tool for starting entrepreneurs, very useful for those whose small companies experience low growth rates and remarkable for theorists who want to write books of interest for practitioners.
While I anticipated some more technical analysis and skills, this book helped me realise that is often just a small part of the entrepenerial process. This book was quite interdisciplinary and has substantial useful information that I have no doubt I'll return to many times.
Aug 03, 2011Deniss Ojastu rated it it was amazing · review of another edition
A good-quality textbook which encompasses all aspects of establishing and leading a new venture. Noteworthy are the focus on recognizing opportunity for a venture, possible troubles and ways to deal with them. One of the biggest values of the book is a great focus on entrepreneurial finance - from obtaining financing, to managing cash flow, to exiting and harvesting gains. Interesting, diverse and detailed cases in the end of each chapter, which are based on real characters and stories.
Sep 23, 2008Brandon rated it really liked it · review of another edition
A definite read for any aspiring entrepreneur. Even though it's a textbook, it's really good and really delves into the process of venture creation. Probably the only textbook I ever enjoyed reading.
I had to read this at university but over the time it has helped me win millions of dollars in business for my employers and helped me organize new ventures effectively and honestly. The information and tools in this book are almost like an MBA in one IMHO.
Oct 11, 2013Joseph marked it as reference
I have 6th edition
a good book
Oct 16, 2010Abdullah ALSOBIYL rated it it was amazing · review of another edition
This book is good for those who wnt to create a new business ,for entrepreneur who is an opportunity seeker.
This was my favourite MBA text- love the subject matter, though! Well written, good case studies, etc.
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New Venture Creation: Entrepreneurship for the 21st Century is about the process of getting a new venture started, growing the venture, successfully harvesting it, and starting again. The book presents the substantial body of knowledge about the entrepreneurial process in a pragmatic way – through text, case studies, and hands-on exercises – to help readers compress their learning curves, reduce their ultimate risk and pain, and allow them to gain more from their subsequent entrepreneurial experiences.
Sample questions asked in the 9th edition of New Venture Creation:
It is often argued that “the rich get richer and the poor get poorer.” How and why has the entrepreneurial revolution affected this stereotype? What are its implications?
Evaluate the analysis presented by Shields and Company in Exhibits 1-7. What criteria would you use to evaluate and select an investment banker?
Describe the advantages of a more formal approach on each of the roles families play in the entrepreneurial process. Give a few contrasting examples from a family firm with which you are familiar .