Building and deploying a minimum viable product (MVP) is often considered a necessary step in the venture development process. Although MVPs are ubiquitous in practice, foundational scholarly work on MVPs is virtually nonexistent. We leverage and build upon the lean start-up literature and the scientific approach to entrepreneurship to develop theory related to the dimensionality, forms, risks, and trade-offs of MVPs. We first define and identify the conceptual boundaries of MVPs and explain the relationship between MVP dimensionality and MVP development decisions. We then specify how MVP risks emerge and how these risks relate to the trade-off decisions that entrepreneurs must grapple with when building and deploying MVPs. We conclude by presenting future research opportunities on this important but previously overlooked phenomenological artifact.

中文翻译：

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最小可行产品 (MVP)：理论与实践

构建和部署最小可行产品 (MVP) 通常被认为是风险开发过程中的必要步骤。尽管 MVP 在实践中无处不在，但关于 MVP 的基础学术工作几乎不存在。我们利用精益创业文献和科学创业方法并以此为基础，开发与 MVP 的维度、形式、风险和权衡相关的理论。我们首先定义和识别 MVP 的概念边界，并解释 MVP 维度和 MVP 开发决策之间的关系。然后，我们详细说明 MVP 风险是如何出现的，以及这些风险与企业家在构建和部署 MVP 时必须应对的权衡决策有何关系。最后，我们提出了关于这一重要但以前被忽视的现象学制品的未来研究机会。