Situating the construct of lean start-up: adjacent conversations and possible future directions

The lean startup approach has garnered tremendous amount of interest in recent years and has become mainstream among entrepreneurs. However, this practitioners’ conversation has been largely decoupled from the broader academic literature in management and technology strategy. This paper attempts to fill this gap. We situate the construct of lean startup within its underlying roots in the research traditions of organizational learning, real options, new product development, and technology evolution. We then comment on the economic and technological forces that have caused this organizational form to become prevalent. By juxtaposing these related, but distinct, lines of research we are able to identify a number of novel and interesting avenues for researchers in both entrepreneurship and the broader management literature that lie at the intersection of these domains.