Design of a University-Based Venture Gestation Program (UVGP)

2016 ◽  
Vol 24 (01) ◽  
pp. 1-35 ◽  
Author(s):  
Hoe Chin Goi ◽  
Jiro Kokuryo

Design science methodology was used to develop and test a University-based Venture Gestation Program (UVGP), the model built after identifying key problems and reactions to them in student based gestation ventures. The model relied on a three-year longitudinal comparative case study of a successful and an unsuccessful student venture team. The teams came from the same university and were winners of business plan contests in 2012 and 2013. Although the teams were very similar to begin with, analyses revealed that different responses to three shared problems were key determinants of venture gestation success, and failure. Based on these observations, three design principles, termed tenure, competence compatibility and entrepreneurial bricolage, were adapted to derive a solution model, the Venture Gestation Model (VGM), with the aim of improving chances of venture success. To develop the model, the study drew on dynamic capability theory, and subsequently yielded the UVGP which provided concrete tools (prescriptions) toward gestation venture success. As a means of testing the designed solution, an evaluation of the program was conducted by observing the gestation venture of the 2014 winner of the annual contest. Findings show that gestation success depends more on the effectiveness of the program in increasing awareness of internal problems than on reactions to external changes. However, the prescription on competency development requires revision to overcome inadequacy issues.

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Christian Hugo Hoffmann

PurposeFollowing the call for strengthening the third pillar of knowledge in entrepreneurship as well as work-applied management contexts constituted by pragmatic design principles, we present a case study on an insurtech for insurance firms specialized in smart contract insurance solutions such as flight delay or ski resort insurance.Design/methodology/approachDesign science.FindingsThis not only serves as a pointer for how insurances may master their digital transformation while remaining competitive. But moreover, on the meta level, we find that the adoption of entrepreneurial design principles by the students, whose experiential project represents our case study, does not necessarily require continuous support or foundational knowledge to be delivered beforehand. However, for a deeper or more holistic assessment of the case sketched in their project, it makes sense to introduce them to newer developments such as the simple, practical framework of the Entrepreneur's Question Index.Originality/valueInnovative teaching method on innovative topics.


2014 ◽  
Vol 34 (4) ◽  
pp. 422-446 ◽  
Author(s):  
Gerben G. Meyer ◽  
Paul Buijs ◽  
Nick B. Szirbik ◽  
J.C. (Hans) Wortmann

Purpose – Many transportation companies struggle to effectively utilize the information provided by tracking technology for performing operational control. The research as presented in this paper aims to identify the problems underlying the inability to utilize tracking technology within this context. Moreover, this paper aims to contribute to solving these problems by proposing a set of design principles based on the concept of intelligent products. Design/methodology/approach – The study as described in this paper adopts a design science research methodology consisting of three phases. First, a case study in a transportation company has been performed to identify the problems faced when utilizing tracking technology. Second, to overcome these problems, a set of design principles has been formulated. Finally, a prototype system based on the design principles has been developed and subjected to experimental and observational evaluation. Findings – This paper identifies the problems associated with the utilization of tracking technology for the control of transport operations. Moreover, the proposed design principles support the development of information systems which overcome the identified problems and thereby enhance the utilization of tracking technology in a transportation context. Originality/value – The commonly held perception that tracking technology will improve the ability to perform operational control does not unequivocally stand up to empirical scrutiny. While it is widely demonstrated that tracking technology is able to accurately capture the detailed operational information, it remains a fundamental challenge to transform this abundance of information into accurate and timely control decisions. This research provides a valuable contribution with respect to tackling this challenge, by identifying problems and providing solutions related to the utilization of readily available tracking technology.


2016 ◽  
pp. 77-92
Author(s):  
Timothy M. Chana ◽  
Panate Manomaivibool

Co-management which was founded on common-pool resource design principles has been popularized in solving sustainability challenges of nat ional parks. Co-management was im-posed on all national parks in Malawi under the 2000 Wildlife Policy. However, such a top-down approach might neglect the local contexts that influenced policy implementation. The objective of this study was to examine the implementation of co-management and determine the extent of conformity to Ostrom’s eight design principles. The Institutional Analysis and Development (IAD) framework was engaged through a qualitative case study of Liwonde National Park and Majete Wildlife Reserve. Based on co-management documentations and key informant interviews, the research found varied extents of conformity in the two cases despitea unified national policy framework. Majete was more supportive to the design principles than Liwonde because of resource, user and institutional attributes. The study proposed fine tuningthe implementation process towards contextualizing these attributes for long term delivery of perceivable biodiversity and livelihoods benefits.


2020 ◽  
pp. 0000-0000
Author(s):  
John Kurpierz ◽  
Kenneth Alan Smith

Using the Design Science methodology, this article describes a field-tested model of forensic accountants assisting average citizens in improving local governmental accountability and the provision of services via forensic acculturation. While most citizens lack the skills of forensic accountants, citizens have several traits that make them uniquely capable of detecting unhealthy financial behaviors. The field research uncovered systematic patterns of citizens being stymied in moving from the 'being aware stage to the 'making improvements' or 'holding accountable' stages. We label the patterns of being stymied as 10 D's (delay, deflect, distort, etc). We also discovered more successful individuals use behaviors we label 3 P's (Polite, Persistent & Professional) that are common traits among forensic experts. We provide case study evidence of the effects of citizen training and consultation process, and refine a teaching tool ("3 P's and 10 D's") for use in further field tests.


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