scholarly journals A FUZZY FRONT-END PRODUCT DEVELOPMENT FRAMEWORK FOR START-UPS

2021 ◽  
Vol 1 ◽  
pp. 111-120
Author(s):  
Nuno Miguel Martins Pacheco ◽  
Anand Vazhapilli Sureshbabu ◽  
Masaru Charles Nürnberger ◽  
Laura Isabel Durán Noy ◽  
Markus Zimmermann
Keyword(s):  
Two Dimensions ◽  
Fuzzy Front End ◽  
Development Framework ◽  
Front End ◽  
Start Up ◽  
Extended Approach ◽  
Role Based ◽  
Definition Of ◽  
Clear Idea ◽  
Start Ups

AbstractStart-ups tend to form with a central idea that differentiates them from their competitors in the market. It is crucial for them to efficiently transform the idea into a marketable product. Prototyping helps to iteratively achieve a minimum viable product and plays a crucial role by enabling teams to test their ideas with limited resources early on. However, the prototyping process may have wrong focus leading to a suboptimal allocation of resources. Previously, we proposed role-based prototyping for fuzzy front-end development in small teams. It supports (1) resource allocation, (2) the definition of responsibilities, and (3) structuring the development process with milestones. In recent research this was a promising yet incomplete approach. We extend the previous work by refining the prototyping process by adding a prototyping matrix with two dimensions (purpose and lens), a prototyping cycle (plan, execute, test, reflect, assimilate), and a modified Kanban board (Protoban) for planning, managing, and reflecting cycles. This process, named PETRA was tested with a start-up developing an autonomous trash picking robot. The extended approach supported the team significantly in providing a clear idea of what to do at what time.

scholarly journals Innovative start-ups and young entrepreneurs: Definition of venture capital and findings from Switzerland

2017 ◽  
Vol 7 (1) ◽  
pp. 75-81
Author(s):  
Simon Zaby
Keyword(s):  
Venture Capital ◽  
Success Factors ◽  
Total Sample ◽  
Venture Capitalists ◽  
Flow Of Funds ◽  
Start Up ◽  
Capital Financing ◽  
Proper Definition ◽  
Definition Of ◽  
Start Ups

This paper aims to investigate success factors of innovative start-up firms from the perspective of young start-up managers. Which key factors did they experience before and since the foundation of their company? The experience from the quite young Swiss start-up scene pro-vides important insights to entrepreneurs and policy-makers in emerging countries that cur-rently face the necessity of building up a start-up environment. One part of the data has been collected by the author, the other part originates from the Swiss Venture Capital Database (total sample size: 306). The results show a significant role of venture capital financing for the success of innovative start-ups. Interestingly, this is to some extent because the start-ups see various additional benefits from venture capitalists involved in their firm. Thus, the findings shed new light on a proper definition of venture capital that should not solely focus on the flow of funds.

Start-Ups and Spin-Offs in Biotechnology Sector in Poland

Biotechnology ◽  
2019 ◽  
pp. 1293-1321
Author(s):  
Anna Białek-Jaworska ◽  
Renata Gabryelczyk
Keyword(s):  
Business Models ◽  
Stock Exchange ◽  
Early Stage ◽  
Global Strategy ◽  
Third Party ◽  
Start Up ◽  
Warsaw Stock Exchange ◽  
Business Line ◽  
Definition Of ◽  
Start Ups

This chapter concerns the subject of research-developmental activity of biotech spin-offs in Poland with particular reference to their strategy, determinants of their development and determinants of their financial standing. In the chapter, the authors analyse the determinants of biotech spin-offs and start-ups development in Poland in the light of the research commercialisation cooperation on the universities-business line. The literature overview contains the definition of a process for the commercialisation of the results of research and development (R&D) activity and components of companies' business models. The chapter defines key activities in the development of business models in the context of the commercialisation process and the life cycle of the company, especially at the start up and early stage. Quality-quantitative analysis includes the business models of seven biotechnology spin-offs traded on the alternative market of the Warsaw Stock Exchange, especially the structure of their intellectual capital, R&D expenses in relation to received subsides and grants, third-party shares in start up equity, and the ability to realise the “Go Global” strategy.

scholarly journals Creativity as a Competitive Entrepreneurial Enabler

2019 ◽  
Author(s):  
Michael Fascia ◽  
sonny fascia
Keyword(s):  
Qualitative Method ◽  
Business Management ◽  
Alternative Method ◽  
Start Up ◽  
Scottish Government ◽  
Definition Of ◽  
Start Ups ◽  
The Relationship ◽  
Better Than ◽  
Management Thinking

Interest in business management thinking and innovation has continued to growduring recent decades. The Scottish Government identifies that a large proportionof new and start up businesses fail within the first 2 years. Consequently, there aremany areas for the start-up entrepreneur to get information and help, nonethelessthe trend remains. This study offers an alternative method for deciding on intrinsicsuccess factors by outlining the relationship between business start-ups, creativity,and innovation.The focus was on creativity, as an entrepreneurial characteristic, links or effects thestart-up capability of the entrepreneur. The study used a qualitative method tointerpret this complexity and this became more apparent as the study progressessince innovation and innovation which supports a business start-up assume holistic,flux-like and complex concepts. Four main themes emerged from the thematic dataanalysis; Leadership; Ability to Change; Creativeness and Collaboration. Findingsfrom the study indicate that business management thinking and innovationunderpinned by perspective themes, help the entrepreneur see and appreciate thecomplex multi-faceted interactions of innovation, perhaps better than an averageperson. However, actual definition of the precise mechanisms needed to supportbusiness start-ups drawn from creativity were difficult to establish.In conclusion, the study has to say that while elements of creativity were presentwith each of the entrepreneur and were clearly significant to the success of the startup, it would seem very difficult to actually identify if there is such a thing as aguaranteed creativity template for success.

Start-Ups and Spin-Offs in Biotechnology Sector in Poland

2015 ◽  
pp. 192-219
Author(s):  
Anna Białek-Jaworska ◽  
Renata Gabryelczyk
Keyword(s):  
Business Models ◽  
Stock Exchange ◽  
Early Stage ◽  
Global Strategy ◽  
Third Party ◽  
Start Up ◽  
Warsaw Stock Exchange ◽  
Business Line ◽  
Definition Of ◽  
Start Ups

This chapter concerns the subject of research-developmental activity of biotech spin-offs in Poland with particular reference to their strategy, determinants of their development and determinants of their financial standing. In the chapter, the authors analyse the determinants of biotech spin-offs and start-ups development in Poland in the light of the research commercialisation cooperation on the universities-business line. The literature overview contains the definition of a process for the commercialisation of the results of research and development (R&D) activity and components of companies' business models. The chapter defines key activities in the development of business models in the context of the commercialisation process and the life cycle of the company, especially at the start up and early stage. Quality-quantitative analysis includes the business models of seven biotechnology spin-offs traded on the alternative market of the Warsaw Stock Exchange, especially the structure of their intellectual capital, R&D expenses in relation to received subsides and grants, third-party shares in start up equity, and the ability to realise the “Go Global” strategy.

scholarly journals Characteristics and Specificities of Local Innovation Accelerators: A Case of Poland

2021 ◽  
Vol 13 (4) ◽  
pp. 1689
Author(s):  
Konrad Szczukiewicz ◽  
Marek Makowiec
Keyword(s):  
Relevant Literature ◽  
Institutional Support ◽  
Publicly Funded ◽  
Business Angels ◽  
Public And Private ◽  
Policy Makers ◽  
Current State ◽  
Start Up ◽  
Definition Of ◽  
Start Ups

Accelerators are one of the most recent and prominent institutions that support start-up development. The phenomenon of accelerators impacts academia as well as policy makers and practitioners. However, the research on accelerators is still very scant and the majority of research concerns the most prestigious and successful American accelerators. The purpose of this paper is to outline the characteristics of Polish accelerators and their specificities, with the focus on the differences between public and private accelerators. The collateral aim of the authors was to describe characteristics and components of an innovation accelerator and its placement in the ecosystem of institutional support for start-ups. The first part of the study focuses on the definition of an accelerator, the review of relevant literature and the differences between other well established institutions such as incubators and business angels. The second part of the study presents the current state of accelerators in Poland. It is observed that the majority of the accelerators in Poland are publicly funded and accelerators avoid taking equity in accelerated start-ups. This is an effect of the competition from public accelerators, which offer a sizable equity-free grant of 200,000 PLN. This study enriches the research on different models of local accelerators and their acceleration programs.

scholarly journals A Role-based Prototyping Approach for Human-Centred Design in Fuzzy Front-End Scenarios

2020 ◽  
Author(s):  
Nuno Miguel Martins Pacheco ◽  
◽  
Jan Behrenbeck ◽  
Bilal Tariq ◽  
Anand Vazhapilli Sureshbabu ◽  
...  
Keyword(s):  
Fuzzy Front End ◽  
Front End ◽  
Role Based ◽  
Human Centred Design

Start-Ups and Spin-Offs in Biotechnology Sector in Poland

2020 ◽  
pp. 513-541
Author(s):  
Anna Białek-Jaworska ◽  
Renata Gabryelczyk
Keyword(s):  
Business Models ◽  
Stock Exchange ◽  
Early Stage ◽  
Global Strategy ◽  
Third Party ◽  
Start Up ◽  
Warsaw Stock Exchange ◽  
Business Line ◽  
Definition Of ◽  
Start Ups

This chapter concerns the subject of research-developmental activity of biotech spin-offs in Poland with particular reference to their strategy, determinants of their development and determinants of their financial standing. In the chapter, the authors analyse the determinants of biotech spin-offs and start-ups development in Poland in the light of the research commercialisation cooperation on the universities-business line. The literature overview contains the definition of a process for the commercialisation of the results of research and development (R&D) activity and components of companies' business models. The chapter defines key activities in the development of business models in the context of the commercialisation process and the life cycle of the company, especially at the start up and early stage. Quality-quantitative analysis includes the business models of seven biotechnology spin-offs traded on the alternative market of the Warsaw Stock Exchange, especially the structure of their intellectual capital, R&D expenses in relation to received subsides and grants, third-party shares in start up equity, and the ability to realise the “Go Global” strategy.

scholarly journals 266 Fuzzy front-end studies: current state and future directions for new product development

2021 ◽  
Author(s):  
Dongmyung Park ◽  
Ji Han ◽  
Peter R. N. Childs
Keyword(s):  
Product Development ◽  
New Product Development ◽  
Process Parameters ◽  
Model Development ◽  
Innovation Process ◽  
New Product ◽  
Two Dimensions ◽  
Fuzzy Front End ◽  
Front End ◽  
Performance Structure

Abstract266 fuzzy front-end (FFE) studies in the new product development (NPD) sector were examined. The studies were selected using a bibliometrics method, and chronologically and statistically examined with ten criteria divided into two dimensions. The first dimension is associated with overall attributes of the FFE, consisting of six criteria: the study taxonomy, model type, NPD speed, NPD attributes, model characteristic, and model structure. The second dimension is relevant to the FFE performance structure related to process parameters, comprised of four criteria: the FFE task, activity, performance method, and toolkit. In terms of those two dimensions, the paper looks at previous FFE studies to gain an understanding of features of each FFE study along with related knowledge and theories, as well as identification of evolution trends of FFE studies. Based on the identification, an FFE model development strategy for each criterion is formulated, and this paper proposes possible options for executing those strategies which exert influence on the form of the cluster network. The intention is for the database to be utilised as an overview of all existing FFE studies and allow specific FFE studies to be selected to examine FFE approaches.This paper provides FFE model development guidance on how to deal with the overall attributes and outcomes of the FFE which affect the entirety of the innovation process, and how to manage the performance structure related to process parameters.

El método Lean Startup. Cómo crear empresas de éxito utilizando la innovación continua de Eric Ries

2019 ◽  
Vol 1 (1) ◽  
pp. 83-88
Author(s):  
Ysmael Jesús Ayala Colqui
Keyword(s):  
A Priori ◽  
El Paso ◽  
Start Up ◽  
Start Ups ◽  
Lean Startup

Una start-up es definida como una empresa destinada solucionar problemas de maneras no obvias, donde el éxito no está garantizado de antemano y, solo en los casos de éxito efectivo, se adquiere un crecimiento rápido y significativo (Robehmed, 2013). Ejemplos clásicos de start-ups serían Facebook, Uber o AirBnB que, con comienzos modestos, pero con ideas innovadoras, se convirtieron con el paso del tiempo en empresas de ingresos millonarios. Una de las tantas preguntas al respecto sería la siguiente: ¿cómo lograr una start-up de éxito a sabiendas que el éxito no está garantizado a priori y, aún más, que la gran mayoría de estas fracasan?

Wer gewinnt den ‚War for Talent’: Konzerne oder Start-ups?

2015 ◽  
Vol 12 (4) ◽  
pp. 24-31 ◽  
Author(s):  
Rabea Laugemann ◽  
Christopher Buschow ◽  
Beate Schneider
Keyword(s):  
Start Up ◽  
Soziale Beziehungen ◽  
Start Ups ◽  
War For Talent

Im ‚War for Talent‘ konkurrieren heutzutage große Konzerne mit innovativen Start-ups um vielversprechenden Nachwuchs. Was bestimmt die Attraktivität von Arbeitgebern bei Medien- und Kommunikationsstudierenden? Diese Frage wird im Rahmen einer quantitativen Online-Befragung untersucht, vor allem im Hinblick darauf, ob Start-ups oder Konzerne als erste Arbeitgeber präferiert werden. Befragte, denen Prestige wichtig ist, bevorzugen eher Konzerne als Arbeitgeber. Wer Wert auf ein innovatives Arbeitsumfeld und soziale Beziehungen legt, entscheidet sich vermehrt für ein Start-up. Im Wettbewerb um die besten Köpfe sind damit junge Unternehmensgründungen inzwischen eine ernst zu nehmende Konkurrenz für Konzerne.

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