​Dr. Marta Riquelme Medina presented a paper titled "Measuring Lean Startup: Instrument Development and Validation" at the 84th Annual Meeting of the Academy of Management (AOM 2024) took place in Chicago, Illinois, United States from 9-13 August 2024

Paper Abstract

Despite the widespread adoption of the Lean Startup Method among practitioners, the scientific literature lacks empirical validation of this methodology, primarily due to the absence of suitable measurement instruments for assessing its implementation. This study aims to fill this gap by developing and validating a measurement scale specifically designed for the lean startup method. Data collected from 114 European startups provide preliminary insights into the validation of this instrument. The results indicate that the 11-item instrument exhibits excellent psychometric properties, proving to be a reliable and valid measure for the lean startup method. The development of this instrument contributes to the existing literature, providing a robust foundation for further exploration of the methodology's dimensions and impact. Moreover, it facilitates the integration of practical applications into academic discourse. The study's findings also demonstrate that the application of the lean startup method in startups indeed leads to better outcomes, particularly in terms of new product implementation. Ultimately, the validated instrument serves as a valuable tool for future research, allowing for more in-depth investigations and providing an essential means for conducting quantitative empirical studies to systematically evaluate the overall effectiveness of the lean startup method.

More information: https://journals.aom.org/doi/abs/10.5465/AMPROC.2024.21542abstract