The elements of organizational learning by new venture include experimenting, absorptive acquisition, critical events-driven learning, entrepreneur’s forward learning, knowledge storing and knowledge application. This six learning elements belong to explorative learning and exploitative learning respectively. Two Dimensions about organizational learning elements by new venture are found. The first dimensions is about the object of organizational learning reflecting the degree of plan and initiative. The second is about subject of organizational learning reflecting the obviousness of knowledge. Based on previous study, an integrated model about elements and dimension of organizational learning by new ventures is constructed.