scholarly journals Entry Dynamics of Startup Companies and the Drivers of Their Growth in the Nascent Blockchain Industry

Author(s):  
Viktoriia Semenova

The purpose of the paper is to discuss the characteristics of the blockchain (hereinafter “BT”) industry and factors that affect the success of BT-based startup companies. Due to the novelty of BT technology, the current period of its development is associated with a high number of newly emerging firms that are predominant in the BT industry. The study seeks to address the two main research questions: What are the key characteristics of the BT industry? What are the factors that determine the success of BT-based companies? To answer these questions, the method of the systematic literature review was applied. The discussion of the reviewed 43 publications led to the classification of literature sources into six categories, including research streams on BT in the contexts of entrepreneurial finance, institutional theory, digital and social entrepreneurship, business models, and international business. The results suggested that the early success of the BT-based startups’ entry and growth related to the supportive entrepreneurial environments, a greater degree of regulatory clarity, the formation of strategic associations, entrepreneur’s active engagement in sharing expertise and shaping the regulations and standards, a profound business model, and experienced management. It is recommended that policymakers should support the creation of new ventures and the transfer of knowledge about BT. Managers of established companies should cooperate with startups to adopt BT applications into their business models. Future research should be based on empirical research studies, namely cluster analysis, to identify the determinants of success/failure of BT-enabled startup firms. This paper contributes to BT research and the literature on the emergence of new industrial fields and ventures.

2021 ◽  
Vol 13 (9) ◽  
pp. 5036
Author(s):  
Barbara Bigliardi ◽  
Serena Filippelli

Ongoing economic, social and environmental developments have forced the production system to undertake a profound transformation, shifting from a linear to a circular model. The transformation towards a circular economy poses significant challenges for established companies, in many cases requiring a strong modification of their current business models, start-ups and new ventures. Firms need to completely rethink their value proposition, modifying how the product or service is produced, delivered to the customers and disposed of. As a result, interest in business model innovation with a view to a circular system has increased significantly over the last five years, leading to a flourishing literature production. Although several literature reviews have been published on the topic of the circular business model, few of them include the innovation dimension. Moreover, the time horizon covered by the previous reviews extends to 2019 and in one case to 2020. Since 2020 saw a 135% increase in scientific production compared to the previous year, it is necessary to update the prior works, taking into account the new contributions. Our paper aims to bridge this gap by proposing a literature review based on keywords analysis. In this way, it is possible to analyze the issues addressed in the circular business model innovation (CMBI) by categorizing them as core, emerging/phantom, trendy or intermittent. This analysis is particularly suitable for identifying future research directions as signaled by the emerging themes.


Author(s):  
Timothy Galpin ◽  
Julia Hebard

Purpose – Although founders of start-up ventures seem to hold similar views about ethical, social, and environmental principles as those in large firms, entrepreneurs tend to be focussed on their immediate stakeholders, including customers, employees, suppliers, and investors. The purpose of this paper is to compare founders’ views – “what they say” – about sustainable business practices to their described business models – “what they do.” Design/methodology/approach – An opinion survey of prospective business start-up founders, along with a content analysis of their business plans, is used to compare founders’ views – “what they say” – about sustainable business practices to their described business models – “what they do.” Findings – Findings suggest that prospective business founders do value sustainable business practices. However, the content of their business models does not reflect their espoused importance of sustainability. Research limitations/implications – The main limitation of this study is that university students in a business-planning course were used as surrogates for actual start-up venture founders. That being the case, a small percentage (just under 5 percent) of the students indicated at the end of the course that they would like to continue pursuing the venture they helped develop a business plan for. To address this, future research should focus on actual founders of new ventures. Practical implications – The content analysis of the business plans revealed a marked disconnect between the high-value founders reported to place on sustainability and the actual limited inclusion of sustainability in their business models. Therefore, more work needs to be done to educate, encourage, and coach start-up founders to raise their awareness of and desire to include sustainability as key parts of their business models. Originality/value – To date, no studies have attempted to compare start-up venture founders’ views – “what they say” – about sustainable business practices to their described business models – “what they do.”


2016 ◽  
Vol 6 (3) ◽  
Author(s):  
Arash Najmaei

AbstractThe objective of this article is to explore and explain how entrepreneurs develop new business models for new ventures. Though highly topical, there is little solid empirical knowledge of this issue. Findings from multiple case studies of firms operating in the Australian cloud-computing ecosystem reveal that developing a new business model involves three phases. In the first phase (business modelling ideation (BMI)), various ideas for a viable business model are generated and the most viable one is chosen. The strategic consensus and commitment are generated in the second phase, labelled as the “business modelling strategic commitment” (BMSC). The third phase, labelled as the “business model actualization” (BMAC) is the market-testing phase where the business model is reified or actualized. The theoretical and managerial implications of the findings are discussed and several directions for future research are suggested.


Author(s):  
Ashraf M. Salama

Purpose The purpose of this paper is to present a brief review of the latest developments of Archnet-IJAR: International Journal of Architectural Research while introducing ephemeral observations on the papers published in Vol. 13 No. 1, March 2019. Design/methodology/approach Through a classification of topical contents and an identification of the procedures employed in the studies published in this edition, a reflective narrative on emerging concepts and themes is developed to acknowledge and briefly outline these studies. Findings The discussion conveys the multiplicity and diversity in architectural and urban research where seven themes are identified from 13 papers contributed by researchers from academic institutions in eight countries. Themes include spheres of inquiry; autism and the spatial environment; communication dynamics and professional practice; assemblage aesthetic and place attachment; housing and urbanity in Istanbul; placemaking and sustainability in the Gulf; and from the Doric order to State mosques. Originality/value Establishing key characteristics of various types of research and the originality and values involved would enable engaged and enhanced contributions in architectural and urban research. The identification of themes stimulates the re-thinking of responsive concepts and issues of concerns while invigorating future research endeavors.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Lara Agostini ◽  
Anna Nosella

PurposeFollowing an increasing interest in the area that merges digital/I4.0 technologies and business models (BMs), which led to a proliferation of articles in this domain, the purpose of this article is to systematize this body of literature by means of a structured literature review.Design/methodology/approachAfter a careful selection of articles, we carried out the analysis with the support of bibliometric techniques, using the bibliographic coupling approach complemented with factor analysis and the content analysis of articles.FindingsThe results of the literature review analysis allow us to organize the literature around four main research streams, namely digital technologies and business model innovation, digital strategy and BMs, digital platforms and BMs, and IoT, servitization and BMs. On such a basis, we outline gaps and provide promising avenues for further research in this research area.Research limitations/implicationsThis study has implications for academics in terms of conceptualization of relevant constructs, integration of two streams of research and specific technologies whose relationship with the BM still deserves attention.Practical implicationsThis study has implications also for managers, who may take advantage of the description of some BM archetypes driven by digital/I4.0 technologies and also appreciate the relevance of taking a strategic approach, with a particular focus on the BM, toward the use of digital technologies.Originality/valueThis study merges two relevant streams of research in an attempt to see how they have developed synergically and what potentials their merge could offer for future research.


2021 ◽  
pp. 1-8
Author(s):  
Mokter Hossain ◽  
Jarkko Levänen ◽  
Marleen Wierenga

ABSTRACT Firms are often criticized for their reluctance to embrace sustainability in their business strategies. Frugal innovation is a recent concept that represents a new way for firms to serve underserved customers in developing countries while also promoting sustainability. Based on three cases of frugal innovation at the grassroots level in India, this article demonstrates how frugal innovation presents a promising way to tackle some of today's pressing societal problems with new business models. We use a range of parameters for economic, social, and environmental sustainability to strengthen the case for frugal innovation. This article attempts to inspire scholars to consider frugal innovation further in their future research endeavors and encourage firms to integrate it into their existing business models.


2021 ◽  
pp. 1-7
Author(s):  
Martina Madl ◽  
Marietta Lieb ◽  
Katharina Schieber ◽  
Tobias Hepp ◽  
Yesim Erim

<b><i>Background:</i></b> Due to the establishment of a nationwide certification system for cancer centers in Germany, the availability of psycho-oncological services for cancer patients has increased substantially. However, little is known about the specific intervention techniques that are applied during sessions in an acute care hospital, since a standardized taxonomy is lacking. With this study, we aimed at the investigation of psycho-oncological intervention techniques and the development of a comprehensive and structured taxonomy thereof. <b><i>Methods:</i></b> In a stepwise procedure, a team of psycho-oncologists generated a data pool of interventions and definitions that were tested in clinical practice during a pilot phase. After an adaptation of intervention techniques, interrater reliability (IRR) was attained by rating 10 previously recorded psycho-oncological sessions. A classification of interventions into superordinate categories was performed, supported by cluster analysis. <b><i>Results:</i></b> Between April and June 2017, 980 psycho-oncological sessions took place. The experts agreed on a total number of 22 intervention techniques. An IRR of 89% for 2 independent psycho-oncological raters was reached. The 22 techniques were classified into 5 superordinate categories. <b><i>Discussion/Conclusion:</i></b> We developed a comprehensive and structured taxonomy of psycho-oncological intervention techniques in an acute care hospital that provides a standardized basis for systematic research and applied care. We expect our work to be continuously subjected to further development: future research should evaluate and expand our taxonomy to other contexts and care settings.


2021 ◽  
Vol 13 (3) ◽  
pp. 1589
Author(s):  
Juan Sánchez-Fernández ◽  
Luis-Alberto Casado-Aranda ◽  
Ana-Belén Bastidas-Manzano

The limitations of self-report techniques (i.e., questionnaires or surveys) in measuring consumer response to advertising stimuli have necessitated more objective and accurate tools from the fields of neuroscience and psychology for the study of consumer behavior, resulting in the creation of consumer neuroscience. This recent marketing sub-field stems from a wide range of disciplines and applies multiple types of techniques to diverse advertising subdomains (e.g., advertising constructs, media elements, or prediction strategies). Due to its complex nature and continuous growth, this area of research calls for a clear understanding of its evolution, current scope, and potential domains in the field of advertising. Thus, this current research is among the first to apply a bibliometric approach to clarify the main research streams analyzing advertising persuasion using neuroimaging. Particularly, this paper combines a comprehensive review with performance analysis tools of 203 papers published between 1986 and 2019 in outlets indexed by the ISI Web of Science database. Our findings describe the research tools, journals, and themes that are worth considering in future research. The current study also provides an agenda for future research and therefore constitutes a starting point for advertising academics and professionals intending to use neuroimaging techniques.


2021 ◽  
Vol 13 (5) ◽  
pp. 2566
Author(s):  
Isabel Marques ◽  
João Leitão ◽  
Alba Carvalho ◽  
Dina Pereira

Values guide actions and judgements, form the basis of attitudinal and behavioral processes, and have an impact on leaders’ decision-making, contributing to more sustainable performance. Through a bibliometric study and content analysis, 2038 articles were selected from Scopus, from the period 1994–2021, presenting global research tendencies on the subject of values, public administration, and sustainability. The results indicate that Sustainability is the most productive journal, the main research category is in social sciences, the most productive institution is the University of Queensland, the location with the most publications and research collaborations is the USA, and the authors with the greatest number of articles are Chung, from Chung-Ang University; García-Sánchez, from the University of Salamanca; and Pérez, from the University of Cantabria. Analysis of keywords shows that the most relevant are “sustainability”, “CSR”, “sustainable development”, “innovation”, and “leadership”. Time analysis of keywords reveals a tendency for lines of research in the social and work area. The results also provide data about the framing of studies in sustainability pillars and the types of values referred to and indicate the main areas of public administration studied. Finally, a future research agenda is proposed.


Molecules ◽  
2021 ◽  
Vol 26 (11) ◽  
pp. 3095
Author(s):  
Alírio E. Rodrigues ◽  
Idelfonso Nogueira ◽  
Rui P.V. Faria

In the last two decades, scientific methodologies for the prediction of the design, performance and classification of fragrance mixtures have been developed at the Laboratory of Separation and Reaction Engineering. This review intends to give an overview of such developments. It all started with the question: what do we smell? The Perfumery Ternary Diagram enables us to determine the dominant odor for each perfume composition. Evaporation and 1D diffusion model is analyzed based on vapor-liquid equilibrium and Fick’s law for diffusion giving access to perfume performance parameters. The effect of matrix and skin is addressed and the trail of perfumes analyzed. Classification of perfumes with the perfumery radar is discussed. The methodology is extended to flavor and taste engineering. Finally, future research directions are suggested.


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