scholarly journals START-UPS – AN ELEMENT FOR ECONOMIC GROWTH AND INNOVATIVENESS

2018 ◽  
Vol 1 (10) ◽  
pp. 159
Author(s):  
Aija Vonoga
Keyword(s):  
Economic Growth ◽  
Scientific Literature ◽  
Regional Level ◽  
Main Aspect ◽  
Development Trends ◽  
Daily Work ◽  
The Public ◽  
Start Up ◽  
Start Ups ◽  
A Company

The theme of this paper is ,,Start-ups – an Element for Economic Growth and Innovativeness”. Start-ups are innovation of entrepreneurship and a lot of press, scientific literature have articles on this term.  In the paper, the author reviews available definitions for the concept of  ,,start-up’’ in the literature. The aim of the research is the identification of main aspects of term ,,start-up”  and determination, analysis of the term in accordance with the requirements of the modern entrepreneurship and its development trends. Tasks of the paper: to find out the term meaning and main aspects of the term ,,start-up”; to analyze the ,,start-up”  impact on entrepreneurship; to develop  conclusions and suggestions. The key results: the author concludes that the start-up is a company designed to scale very quickly, the main aspect of start-up is its ability to grow, focused on solving a problem, where the solution is not obvious and success is not guaranteed. In articles and papers on start-ups each author suggests an interpretation of the concept according to his/her view. The author suggests the start-up companies to create presentations, organize seminars at the regional level, to introduce the public, stakeholders with the main issues in daily work, in order to help new founders to develop the companies.

Die deutsche Gründerlandschaft im Energiesektor und ressourcenbedingte Voraussetzungen für eine Gründungsfinanzierung eines Energie-Startups

2020 ◽  
Vol 68 (3-4) ◽  
pp. 169-189
Author(s):  
Theresa Fritz ◽  
Wolfgang Burr
Keyword(s):  
Human Capital ◽  
Scientific Literature ◽  
Empirical Studies ◽  
Organizational Level ◽  
Team Members ◽  
Start Up ◽  
Utility Models ◽  
The Individual ◽  
Technological Capital ◽  
Start Ups

Zusammenfassung Empirische Untersuchungen zur Gründungslandschaft der deutschen Energiewirtschaft sind in der wissenschaftlichen Literatur bisher unterrepräsentiert. Im Zuge einer explorativen Darstellung von deutschen Energie-Startups wird zu Beginn ein Überblick über die Gründungsbereiche, die Gründungsteams sowie die finanzielle Lage von 126 deutschen Energie-Startups gegeben. Mithilfe einer Regressionsanalyse werden im nächsten Schritt die Einflüsse von Humankapital und technologischen Ressourcen auf die Akquise von Finanzierungsmitteln überprüft. Im Rahmen der Auswertung kann ein signifikanter Zusammenhang zwischen der Anzahl der Gründer, den individuellen Fähigkeiten der Teammitglieder sowie der Anzahl der Patente und Gebrauchsmuster auf die Akquise von Finanzierungsmitteln nachgewiesen werden. Dies legt den Schluss nahe, dass die Kombination der beiden Ressourcen Humankapital und technologisches Kapital den Aufbau von Kompetenz bei der Finanzierungsmittelakquise auf organisationaler Ebene begünstigen und zum Wachstum des Startups beitragen können. Abstract Empirical studies on the start-up landscape of the German energy industry have so far been underrepresented in the scientific literature. In the course of an exploratory presentation of German energy start-ups, an overview of the start-up areas, the founding teams and the financial situation of 126 German energy start-ups is given at the beginning. In the next step, a regression analysis is used to examine the influence of human capital and technological resources on the acquisition of funding. As part of the evaluation, a significant relationship between the number of founders, the individual skills of the team members and the number of patents and utility models on the acquisition of funding can be demonstrated. This suggests that the combination of the two resources human capital and technological capital can facilitate the development of skills in the acquisition of funding at the organizational level and contribute to the growth of the start-up.

Capital Markets Union

2018 ◽  
Author(s):  
Erik PM Vermeulen
Keyword(s):  
Economic Growth ◽  
Capital Markets ◽  
Lower Cost ◽  
Access To Finance ◽  
Start Up ◽  
Capital Markets Union ◽  
Successful Innovation ◽  
Start Ups ◽  
The Eu

The Capital Markets Union (CMU) aims to strengthen capital markets and investments in the EU. The rationale behind such a union is that it is necessary to provide businesses, particularly start-up companies, with a greater choice of funding at lower cost. More generally, it is assumed that, in the long-term, greater choice increases access to finance and fosters economic growth. This chapter argues that although the CMU may be a necessary step, it has to be situated in a much broader discussion about how to create successful innovation ecosystems. Such an approach highlights the sector-specific needs of start-ups (and scale-ups) and the importance of mobilizing other players, particularly established corporations.

What do Indonesian start-ups communicate during the COVID-19 pandemic?

2022 ◽  
pp. 1329878X2110684
Author(s):  
Jandy Luik
Keyword(s):  
Qualitative Study ◽  
Human Values ◽  
Media Content ◽  
Mutual Assistance ◽  
The Public ◽  
Start Up ◽  
The Media ◽  
The Right ◽  
Start Ups ◽  
The Impact

This article aims to explore the media content during the COVID-19 pandemic. It focuses on the pandemic-handling videos released by start-up companies in Indonesia through their official YouTube accounts. As start-ups were also experiencing the impact of the pandemic, one of their biggest challenges was to communicate optimistic messages to the public with the right content and context. Therefore, this article examines the contents of the videos released by start-up companies during the COVID-19 pandemic in Indonesia. Drawing from the data collected between March and December 2020, this qualitative study finds four inspirational media themes: ‘ we all are affected by the pandemic’, the appearance of human values, presenting action taken, and optimistic expressions. Further, this article discusses the arrangement of inspirational statements and acts of empathy, which are predominantly mixed with brand identities and echo the value of gotong royong (mutual assistance).

scholarly journals Belbin team roles in a start-up team

2020 ◽  
Vol 83 ◽  
pp. 01002
Author(s):  
Richard Bednár ◽  
Ivana Ljudvigová
Keyword(s):  
Research Paper ◽  
Self Evaluation ◽  
The Third ◽  
Start Up ◽  
Product Service ◽  
Successful Entrepreneurs ◽  
Start Ups ◽  
A Company ◽  
High Uncertainty

Leadership in start-ups has its specific features, which are connected to a high uncertainty, moving of current boundaries, outstanding adaptability and perseverance of the founder. The main goal of this research paper was to identify the role of founders in successful start-ups. The purpose of this research is to determine whether there are certain common characteristics of successful entrepreneurs- start-up founders. In our analysis, we used the questionnaire- Belbin Full Individual Report. This questionnaire analyses and compares self-evaluation of an examined individual with 360-degree analysis of four members of his team. As a successful start-up we defined a company which fulfilled all of the following conditions: creates a unique scalable product/service, exists on the market 4 to 6 years and is achieving revenues in the amount of the third quartile (Q3) in its industry. To make the analysis comparable, analysed figures are only men. In our research we analysed nine founders and CEOs of start-ups base on a 360-degree evaluation- self-evaluation and evaluation of four members of the team. To view cumulative results, we have used the function boxplot.

scholarly journals The Crowdfunding: A New Financial Instrument for the Start-Ups?

2018 ◽  
Vol 13 (11) ◽  
pp. 199
Author(s):  
Marina Damilano ◽  
Cristina Rovera
Keyword(s):  
Life Cycle ◽  
Added Value ◽  
International Level ◽  
Financial Instrument ◽  
First Semester ◽  
National Regulation ◽  
The Public ◽  
Start Up ◽  
Legal Document ◽  
Start Ups

Start-ups are new businesses, which need a good amount of equity to finance investments. Crowdfunding is an alternative instrument to collect money. It does not need the intervention of a bank, but allows to obtain the funds directly from the public by network platforms. This article focuses on the possibility for a start-up to raise capital through crowdfunding. The argument is quite known on an international level, even if scholars often focus on specific problems or on particular moments of the life cycle of the start-up. On the contrary, the two arguments are really new in Italy. The Italian crowdfunding market is young – the main increase in the platforms number (+63%) is between 2013 and 2014 - and the national regulation which allows to finance start-ups by crowdfunding is even more recent (latest legal document in 2017). The novelty of the topic explains the added value of this article. To the best of our knowledge, no previous study focused on the Italian start-ups financed by crowdfunding. We analyze the phenomenon from the birth of the different platforms (2005 for the first one) since the end of the first semester 2018.

scholarly journals How do Lawyers Engineer and Develop LegalTech Projects? A Story of Opportunities, Platforms, Creative Rationalities, and Strategies

2020 ◽  
Vol 2 (2) ◽  
Author(s):  
Christophe Dubois
Keyword(s):  
Qualitative Study ◽  
Technological Innovation ◽  
Research Methodology ◽  
Scientific Literature ◽  
Legal Services ◽  
Limited Knowledge ◽  
Web Document ◽  
Start Up ◽  
Literature Reviews ◽  
Start Ups

Over the last 15 years, the working context of lawyers has undergone many changes. Evolving in an increasingly competitive, deregulated, and globalized market, they are subject to higher tax pressure while being exposed to unbridled technological innovation. Indeed, a growing number of entrepreneurs are using digital solutions to provide online legal services that are supposed to be faster and cheaper. If many of them are nonlawyer legal entrepreneurs, many lawyers are also engineering innovative projects and launching their own start-up companies, known as “LegalTech” or “LawTech.” However, few studies—or none to our limited knowledge—provide an empirically grounded analysis of such projects, leaving some questions unanswered. Who are these entrepreneurial lawyers? How and why do they engineer and develop LegalTech projects? How do they challenge the legal profession? To answer these questions, this article draws on a qualitative study of three contrasted start-ups Belgian lawyers have recently developed. The research methodology combines gray and scientific literature reviews, web-document (hereafter “manifestos”) analysis, and semi-directive interviews led with the start-up’s founders (n = 5), the Bar Association’s representatives (n = 3), and some members of the main Belgian LegalTech network (n = 4).  

scholarly journals EFFECTUATION VS. CAUSATION: CAN ESTABLISHED FIRMS USE START-UP DECISION-MAKING PRINCIPLES TO STAY INNOVATIVE?

2019 ◽  
Vol 24 (01) ◽  
pp. 2050002 ◽  
Author(s):  
PASCAL HENNINGER ◽  
ALEXANDER BREM ◽  
FERRAN GIONES ◽  
PETER M. BICAN ◽  
CHRISTINE WIMSCHNEIDER
Keyword(s):  
Decision Making ◽  
Alternative Mechanism ◽  
Entrepreneurship Research ◽  
Start Up ◽  
Willingness To Change ◽  
Entrepreneurial Decision ◽  
Established Firms ◽  
High Flexibility ◽  
Start Ups ◽  
A Company

More and more, established companies try to cooperate with start-ups, build their own, or try to imitate their mindsets. But, do they make decisions like expert entrepreneurs? Effectuation theory describes entrepreneurial decision-making, it has been popular in entrepreneurship research for the last two decades, but still underexplored in contexts such as established company’s decision-making. Therefore, this study answers the question of which factors affect the use of effectuation in established companies. Furthermore, the current use of the start-up decision-making principle is investigated. The research results show a higher use of effectuation over causation (alternative mechanism) in established companies. However, decision-making principles like “Mean orientation” and “Contingency orientation” are still dominated by causation. Identified factors for implementing effectuation in established companies are divided into six categories. In particular, effectuation requires a high flexibility and willingness to change goals. Using the already available means and resources of a company to pursue new goals, is another argument for using effectuation. Additionally, a more open and transparent culture, encouraging the identification and admittance of mistakes, also supports the use of effectuation. Based on this research, established companies should be able to understand better on which factors the implementation of effectuation depends and where it makes sense to use it.

Entrepreneurial Universities for the UK: A ‘Stanford University’ at Bamburgh Castle?

2010 ◽  
Vol 24 (4) ◽  
pp. 251-256 ◽  
Author(s):  
Henry Etzkowitz
Keyword(s):  
Economic Growth ◽  
Foreign Language ◽  
Half Time ◽  
Entrepreneurial Universities ◽  
Education Spending ◽  
Knowledge Based ◽  
Start Up ◽  
The Uk ◽  
Uk Higher Education ◽  
Start Ups

It is suggested that the value of projected cuts in UK higher education spending should be redirected to fund start-up entrepreneurial universities as part of a strategy for knowledge-based economic growth. Two specific elements of academic entrepreneurial redesign are outlined: the Professor of Practice, linking university and industry through half-time roles in each, and the Novum Trivium tripartite undergraduate degree, including a speciality subject, entrepreneurship education and a foreign language. A far-reaching response to resolve the economic crisis by hastening the foundation of university start-ups and their development into new clusters is envisioned.

When Too Much Is Too Little: Evaluating the Italian Startup Act

2018 ◽  
Keyword(s):  
Economic Growth ◽  
Public Policies ◽  
Developed Countries ◽  
Local Context ◽  
The Real ◽  
Start Up ◽  
Start Ups ◽  
Economic Goal

Public policies aimed at incentivizing the birth and growth of start-up ecosystems in developed countries have so far produced mixed results, and the vast majority have resulted in wasting taxpayers’ money. This failure is the result of mechanically importing policies that have worked in other countries without understanding (1) the real economic goal of start-up policies and (2) how to adopt strategies that have worked elsewhere to the local context. Countries should promote start-ups not because they are a “nice to have” but because, if done right, start-ups can boost the innovation content of an economy and spur economic growth. Governments indeed have a role to play but must target innovation, or they are wasteful. Applying this framework to the Italian 2012 Startup Act, the author finds the effort has not yet produced good results and propose some solutions.

Sign in / Sign up

Export Citation Format

Share Document