New venture start‐ups and technological innovation

2012 ◽  
Vol 8 (1) ◽  
pp. 4-35 ◽  
Author(s):  
George W. Blazenko ◽  
Andrey D. Pavlov ◽  
Freda Eddy‐Sumeke
Keyword(s):  
Technological Innovation ◽  
New Venture ◽  
Start Ups

scholarly journals The survival of business takeovers and new venture start-ups

2020 ◽  
Vol 29 (3) ◽  
pp. 797-826
Author(s):  
Guoqian Xi ◽  
Jörn Block ◽  
Frank Lasch ◽  
Frank Robert ◽  
Roy Thurik
Keyword(s):  
Life Cycle ◽  
Survival Rate ◽  
Firm Survival ◽  
Organizational Ecology ◽  
New Venture ◽  
Firm Characteristics ◽  
Entry Modes ◽  
Survival Patterns ◽  
Start Ups ◽  
The Relationship

Abstract Business takeovers and new venture start-ups are two important and distinct entry modes of entrepreneurship. They differ from resource-based and organizational ecology perspectives. We compare firm survival patterns and determinants associated with the two entry modes. From two large French datasets, we find that business takeovers have a higher survival rate than new venture start-ups. However, these differences in survival probability reduce over the entrepreneurship life cycle and when controlling for different entrepreneur and firm characteristics. Moreover, we identify differences in determinants of survival for the two groups, highlighting a distinction between the two entrepreneurship entry modes. This work contributes to the literature on the relationship between entrepreneurship entry and firm survival, thereby contributing to both entrepreneurship and firm survival research.

New Financial Technologies, Cryptocurrencies, Blockchain, and Challenges

2020 ◽  
pp. 85-102
Author(s):  
Burcu Sakiz
Keyword(s):  
Information Systems ◽  
Technological Innovation ◽  
Research Agenda ◽  
The Internet ◽  
Blockchain Technology ◽  
Systems Research ◽  
Information Systems Research ◽  
The World ◽  
Start Ups

As technological innovation transforms our economies, companies and start-ups all over the world are performing developments on financial technologies called “FinTech/fintech” for a chance to thrive. It even sparked the invention of blockchain and the inception of cryptocurrencies (digital/virtual money) such as Bitcoin. The blockchain technology provides Bitcoin's public ledger, an ordered and timestamped record of transactions. Blockchain is one of a kind decentralized technology mainly used by fintechs and it is a distributed as well as decentralized ledger that presents a radical, new, modern, and disruptive way of conducting all manner of transactions over the internet. Blockchain-based applications provide many opportunities to create a more sustainable world. With this research agenda, this chapter contributes to the discussion on future avenues for sustainability and information systems research on fintechs, especially cryptocurrencies and blockchain-based platforms and services.

scholarly journals European automotive technological innovation systems in the age of disruption: The suppliers’ view

2020 ◽  
Vol 12 (3) ◽  
pp. 53-77
Author(s):  
Ana Hafner ◽  
Dolores Modic
Keyword(s):  
Technological Innovation ◽  
Automotive Industry ◽  
Empirical Studies ◽  
Autonomous Driving ◽  
Innovation Systems ◽  
Innovation Activity ◽  
Electric Cars ◽  
Start Ups ◽  
Original Equipment Manufacturers ◽  
Method Approach

Abstract Although empirical studies show that suppliers’ innovativeness enhances original equipment manufacturers’ (OEM) total innovation performance, some evidence reveals that suppliers’ innovation affects OEM in quantitatively and qualitatively limited ways. This study aims to explore innovation systems of European automobile producers, i.e., OEM. Technological innovation systems (TIS) remain relatively underexplored, but the approach is especially valuable for explaining why and how sustainable and circular innovation develop and spread. We applied a mixed-method approach and conducted patent analyses and interviews with 20 respondents from Slovenia, Austria, and Hungary, which are representatives of suppliers for the automotive industry and automotive clusters. We confirm that the European OEMs build innovation ecosystems that are more closed than their Asian counterparts. Furthermore, we define three paths of how inventions of suppliers can reach the OEMs, with developmental suppliers (large companies) having the highest probability of influencing the innovation activity of OEMs. The entry of small and medium-sized enterprises (SME) and start-ups with their inventions is difficult. However, it is not impossible, especially if they develop new solutions connected to current disruptive trends in the automotive industry: electric cars, autonomous driving and digitalisation.

Collaboration Inside the Firm

2019 ◽  
pp. 680-704
Author(s):  
Elena Kulchina
Keyword(s):  
Empirical Studies ◽  
Early Years ◽  
New Venture ◽  
Managerial Control ◽  
Collaborative Process ◽  
Start Ups

Founding and operating a firm is a collaborative process, but still little is known about the nature of collaboration between entrepreneurs and other members of the new-venture team, particularly key employees. For example, traditional entrepreneurship literature believed that founders always run their start-ups personally, at least in the early years of operation. However, recent empirical studies suggest that a significant share of founders hire CEOs for their start-ups at the time of founding or soon thereafter. This chapter explores what motivates founders to delegate managerial control to a hired agent, how founders choose their managers, and how they govern relationships with their CEOs.

scholarly journals When Brands Complement Patents in Securing the Returns from Technological Innovation: The Case of Bayer Aspirin

2010 ◽  
Vol 14 (3) ◽  
pp. 73-86 ◽  
Author(s):  
Klaus Jennewein ◽  
Thomas Durand ◽  
Alexander Gerybadze
Keyword(s):  
Life Cycle ◽  
Competitive Advantage ◽  
Technological Innovation ◽  
Brand Equity ◽  
Early Period ◽  
Technological Revolution ◽  
Technology Life Cycle ◽  
Established Firms ◽  
Marketing Costs ◽  
Start Ups

This paper deals with brand equity as a way to complement patents and other technological assets in technology intensive industries. The longitudinal case of Bayer Aspirin is presented. The discussion suggests that while Hi-tech start-ups build a competitive advantage through technology, they can also use this early period to build significant brand equity at limited marketing costs. In turn this brand equity may become increasingly important as the technology life-cycle unfolds. When the next technological revolution strikes, brands may serve as a shield to help the now well-established firms survive through the change.

The Relationship Between Technological Innovation Ability, Atmosphere and Innovation Performance

2020 ◽  
Vol 13 (2) ◽  
pp. 47-58
Author(s):  
Shiqiang Sun ◽  
Qiu Yan Tao
Keyword(s):  
Technological Innovation ◽  
Resource Development ◽  
Positive Influence ◽  
Innovation Performance ◽  
Learning Ability ◽  
Positive Effects ◽  
First Choice ◽  
Innovation Ability ◽  
Start Ups ◽  
The Relationship

Under the influence of the action mechanism of the enterprise innovation atmosphere, a technological innovation ability has become the first choice for Chinese start-ups to improve their performance and upgrade their transformation. By collecting the survey data of 223 Chinese start-ups, this article uses the method of multiple hierarchical regression to explore the relationship between technological innovation ability, innovation atmosphere, and innovation performance. The results show that the technological innovation ability has a significantly positive influence on the innovation performance of the surveyed start-ups. At the same time, resource development ability, marketing ability, and learning ability all have significant positive effects on innovation performance. The innovation atmosphere is positively regulating the relationship between resource development capabilities, learning capabilities and innovation performance. The atmosphere of innovation negatively regulates the relationship between market capacity and innovation performance.

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