Characteristics and Determinants of New Start-ups in Gujarat, India

2020 ◽  
Vol 1 (2) ◽  
pp. 1-25
Author(s):  
Ajay Kumar ◽  
Bhim Jyoti
Keyword(s):  
Sample Size ◽  
Regression Models ◽  
New Products ◽  
Small Sample ◽  
The Body ◽  
High Tech ◽  
Annual Sale ◽  
Factors Affecting ◽  
Start Up ◽  
Start Ups

Purpose: This study examines the relationship of socio-economic characteristics of start-ups with their size in Gujarat, India. It also assesses the determinants affecting the annual sale of start-ups. Methods: It includes primary information based on a survey of 120 founders of start-ups. Linear and semi-log linear regression models have been applied to assess the determinants of start-ups. Probit regression models have been considered to assess the factors affecting the annual sale of the start-ups. Results: Stage of start-up, the participation of founders in conferences, educational qualification, and new products launched by start-ups, professional connections of founders, source of funding, and support from incubator/accelerator/supporting organizations are found crucial determinants of start-up size in Gujarat. The annual sales of the start-ups are positively associated with stage of start-up, support from a mentor, team members, founder's academic qualification, and collaboration with national or international organizations, unskilled workers. Implications: Technology transfer and commercialization, development of new products, government regulations, the requirement of costumers, free rights for entrepreneurs, appropriate financial support for new entrepreneurs, transparency and clarity in government policies, the establishment of high-tech start-ups, and development of digital infrastructure, increase in R&D spending in research academia, and association of research institutions with entrepreneurs would be conducive to create an appropriate start-ups ecosystem and to reduce regional development disparities across Indian states. Subsequently, it would be helpful to increase sustainable development in India.  Originality: This study has used primary information of 120 founders of start-ups to assess the determinants, and the factors affecting annual sales of start-ups using the regression model in, Gujrat, India. Thus, it has an empirical contribution to the body of knowledge. Limitations: This study could not provide rational justifications on most factors that show an insignificant impact on start-ups due to the small sample size. Further research, therefore, may be considered to identify the association of start-up size with the variables using a large sample size in India.  

Human Resource Blueprints in Irish High-Tech Start-up Firms

2006 ◽  
Vol 20 (2) ◽  
pp. 111-121
Author(s):  
Mary A. Keating ◽  
Mariabrisa Olivares
Keyword(s):  
Empirical Study ◽  
Human Resources ◽  
Human Resource ◽  
Human Resources Management ◽  
High Tech ◽  
Entrepreneurial Firms ◽  
Resources Management ◽  
Start Up ◽  
Research Findings ◽  
Start Ups

Focusing on Irish high-tech start-ups, this paper reports on the results of an empirical study of organization building by entrepreneurial firms, specifically in relation to human resource practices. The research findings are benchmarked with findings from SPEC, the Stanford Project of Emerging Companies (Baron and Hannan, 2002). Human resources management and entrepreneurial research have rarely been combined in the literature and there is no distinct body of work in the area of human resource management in entrepreneurial firms.

Hyperplastic Forming: Process Potential and Factors Affecting Formability

1999 ◽  
Vol 601 ◽  
Author(s):  
Glenn S. Daehn ◽  
Vincent J. Vohnout ◽  
Subrangshu Datta
Keyword(s):  
Boundary Conditions ◽  
Sample Size ◽  
Active Control ◽  
High Velocity ◽  
Size Dependence ◽  
Recent Model ◽  
The Body ◽  
Electromagnetic Forming ◽  
Forming Process ◽  
Factors Affecting

AbstractThis paper has two distinct goals. First, we argue in an extended introduction that high velocity forming, as can be implemented through electromagnetic forming, is a technology that should be developed. As a process used in conjunction with traditional stamping, it may offer dramatically improved formability, reduced wrinkling and active control of springback among other advantages. In the body of the paper we describe the important factors that lead to improved formability at high velocity. In particular, high sample velocity can inhibit neck growth. There is a sample size dependence where larger samples have better ductility than those of smaller dimensions. These aspects are at least partially described by the recent model of Freund and Shenoy. In addition to this, boundary conditions imposed by sample launch and die impact can have important effects on formability.

Financial Statement and Projection Preparation in Start-Up Ventures

2009 ◽  
Vol 84 (1) ◽  
pp. 27-51 ◽  
Author(s):  
Gavin Cassar
Keyword(s):  
Information Economics ◽  
Financial Statements ◽  
Financial Statement ◽  
High Tech ◽  
Economic Significance ◽  
Sales Forecasts ◽  
Start Up ◽  
Fundamental Uncertainty ◽  
Start Ups ◽  
Funding Level

ABSTRACT: Using a representative sample of entrepreneurs who are in the process of starting a business, this study investigates the determinants of the preparation of financial statements and projections in start-up ventures. Consistent with predictions from information economics and contracting, I find that the use of outside funding, level of competition, and venture scale are positively associated with the intended frequency of financial statement preparation. However, comparing the economic significance of alternative influences suggests that the benefit of reducing competitive and fundamental uncertainty is more influential in explaining variations in intentions to prepare financial statements. Further, I find the determinants of preparation frequency vary among different financial statements; for instance, cash statements are more important for start-ups with products in earlier stages of development and with greater competition. In contrast to financial statements, the preparation of projections such as formal financial projections and regular sales forecasts by start-ups is positively associated with the importance of intangible investments such as patents, research and development, and with start-ups in high-tech industries.

scholarly journals Sectoral Evaluation for Economic and Financial Development in Dubai and rest of UAE

2017 ◽  
Vol 1 (1) ◽  
pp. 1-29
Author(s):  
Sumaiyya Wahid Shaikh ◽  
Genanew B Worku ◽  
Ananth Rao
Keyword(s):  
Financial Development ◽  
United Arab Emirates ◽  
Small Sample Size ◽  
Core Competencies ◽  
Business Environment ◽  
Small Sample ◽  
Factors Affecting ◽  
Relative Contribution ◽  
Level Data ◽  
Start Ups

The paper examines sector specific characteristics to analyse the factors affecting the sustainability of the economies of Dubai and rest of the United Arab Emirates (UAE). The study applies system design to analyse the research questions. Consequently, Zellner’s seemingly unrelated regressions (SURE) technique is used to examine the relative contribution of sectors to the economies Dubai, as an individual Emirate, and the rest of UAE as a group of Emirates using time series sectoral level data for 2001–2015. The study shows that there exists positive interdependencies between Dubai and rest of UAE economies. This signifies that the core competencies across various sectors in Dubai and rest of UAE economies need to be promoted further to have overall diversified impact on UAE economy. The positive sizable impact of the finance sector in Dubai and negative sizable impact in the rest of the UAE provide many opportunities for designing diversification programs for sustained economic development of the entire UAE economy. The small sample size, non-availability of detailed sectoral data in four of the seven emirates constrained the scope of the study for generalization to other economies in the middle east.   The study findings are very crucial for identifying structural reforms, to strengthen competitiveness and accelerate private sector-led job creation for nationals, potential on further opening up foreign direct investment (FDI), improving selected areas of the business environment, and easing access to finance for start-ups and SMEs in both the economies. There are very few studies, which have researched the sector specific characteristics to explain the factors affecting the sustainability of the economies of Dubai and the rest of UAE. The study provides insights to the UAE policy makers, for enhancement of policies through development of the key sectors that influence the performance of the two economies. Despite being independent entities though, the seven emirates of the UAE are economically interdependent. Studies on such interactions add unique value to the literature. Keywords: SURE, GDP, Dubai, UAE, Sectoral Evaluation, Financial development.

scholarly journals Are methylation beta-values simplex distributed?

2019 ◽  
Author(s):  
Lara Nonell ◽  
Juan R González
Keyword(s):  
Dna Methylation ◽  
Sample Size ◽  
Microarray Data ◽  
Regression Models ◽  
Real Data ◽  
Small Sample ◽  
Beta Regression ◽  
Data Sets ◽  
Methylation Data ◽  
Simplex Distribution

AbstractDNA methylation plays an important role in the development and progression of disease. Beta-values are the standard methylation measures. Different statistical methods have been proposed to assess differences in methylation between conditions. However, most of them do not completely account for the distribution of beta-values. The simplex distribution can accommodate beta-values data. We hypothesize that simplex is a quite flexible distribution which is able to model methylation data.To test our hypothesis, we conducted several analyses using four real data sets obtained from microarrays and sequencing technologies. Standard data distributions were studied and modelled in comparison to the simplex. Besides, some simulations were conducted in different scenarios encompassing several distribution assumptions, regression models and sample sizes. Finally, we compared DNA methylation between females and males in order to benchmark the assessed methodologies under different scenarios.According to the results obtained by the simulations and real data analyses, DNA methylation data are concordant with the simplex distribution in many situations. Simplex regression models work well in small sample size data sets. However, when sample size increases, other models such as the beta regression or even the linear regression can be employed to assess group comparisons and obtain unbiased results. Based on these results, we can provide some practical recommendations when analyzing methylation data: 1) use data sets of at least 10 samples per studied condition for microarray data sets or 30 in NGS data sets, 2) apply a simplex or beta regression model for microarray data, 3) apply a linear model in any other case.

scholarly journals Comparing Bootstrapping High-Tech Start-Up Companies in the West and in a Transition Country

2020 ◽  
Vol 7 (1) ◽  
pp. 7-14
Author(s):  
Dragana Popovic Renella ◽  
Vojin Senk ◽  
Fuada Stankovic
Keyword(s):  
Essential Feature ◽  
High Tech ◽  
Information Feedback ◽  
Industrialized Countries ◽  
Transition Country ◽  
The West ◽  
Start Up ◽  
The One ◽  
Start Ups

This is a study of the process of the development of high-tech start-up companies through the mechanisms of bootstrapping in two extremely different environments: the one of highly industrialized countries, such as USA and Switzerland; the other of Serbia, which is a post-communist transition country with particular difficulties. The research method is the analysis of case studies. One case study of US and two of Swiss start-ups build the base for the analysis. All three cases show common patterns: from the very beginning, these companies sell R&D services in their fields of expertise; and using the cash from these early sales, and the information feedback from cooperation with the early customers, they develop their resources and, eventually, also their own high-tech products. The essential feature of this process is the selling of R&D services and the first products in the neighborhoods. Then also two cases of high-tech start-ups from Serbia are analyzed. Both Serbian start-ups are founded in partnership with small high-tech companies from highly industrialized countries (Switzerland and Germany). The Western partners use their reputations and contacts to enable the early sales of the Serbian start-ups in the industrialized countries. This is crucial for the Serbian start-ups, because they have no domestic market for R&D services. Apart of this element, all other essential patterns of the Serbian cases are very similar to those of the Western cases.

scholarly journals System and Neural Network Analysis of Economic and Financial Development – A case study of Dubai and rest of UAE

2018 ◽  
Vol 1 (1) ◽  
pp. 51-67
Author(s):  
Genanew B Worku ◽  
Ananth Rao
Keyword(s):  
Neural Network ◽  
Financial Development ◽  
Small Sample Size ◽  
Core Competencies ◽  
Business Environment ◽  
Small Sample ◽  
Factors Affecting ◽  
Jel C32 ◽  
Using Data ◽  
Start Ups

The study examines the factors affecting the economic and financial development by applying Zellner’s seemingly unrelated regressions (SURE) and Neural Network techniques. It applies multivariate and neural network frameworks for analysing the GDP of Dubai and rest of UAE using data for 2001–2015. The study shows that there exists positive interdependencies between Dubai and rest of UAE economies. This signifies that the core competencies across various sectors in Dubai and rest of UAE economies need to be promoted further to have overall diversified impact on UAE economy. The positive sizable impact of the finance sector in Dubai and negative sizable impact in the rest of the UAE provide many opportunities for designing diversification programs for sustained economic development of the entire UAE economy. The small sample size, non-availability of detailed sectoral data in four of the seven emirates constrained the scope of the study for generalization to other economies in the Middle East. The study findings are crucial for identifying structural reforms, to strengthen competitiveness and accelerate private sector-led job creation for nationals, potential on further opening up foreign direct investment (FDI), improving selected areas of the business environment, and easing access to finance for start-ups and SMEs in both the economies. JEL: C32, C52, D85, N15, N25

Enterprise survival in the high-tech community: persuasion and power in board decisions

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ronit Yitshaki ◽  
Eli Gimmon ◽  
Susanna Khavul
Keyword(s):  
High Tech ◽  
Structured Interviews ◽  
Board Size ◽  
Term Survival ◽  
Long Term Survival ◽  
Content Type ◽  
Board Processes ◽  
Start Up ◽  
Start Ups

Purpose This study aims to examine the extent to which board size, the use of power by venture capital investors and entrepreneurs’ interpersonal tactics such as persuasion to sway board decisions, influence the long-term survival of start-ups. Design/methodology/approach This study used a mixed-methods approach. The quantitative part is based on data collected from 179 chief executive officers (CEOs) of high-tech start-ups community financed by venture capitalists (VCs) in Israel of which 59 did not survive. To achieve a better understanding of these findings, semi-structured interviews with 12 entrepreneurs were conducted. Findings Smaller boards were positively associated with venture survival. The use of power by VC investors positively influenced start-up survival. CEO persuasion had a negative effect on venture survival; however, its interaction with board size suggests that it had a lesser effect on very small boards. Practical implications Although investors’ control over decision-making contributes to long-term survival, entrepreneurs should be aware of the possible detrimental effects of exercising a high level of persuasion in board processes. The findings also suggest that a small board size is preferable for start-up survival. Originality/value Exploring the effect of board processes on venture survival is considered complex. A unique sample of high-technology start-ups consisting of both surviving and failed start-ups was analyzed to explore the effects of persuasion and power in board processes.

scholarly journals Start-Up Nation

2017 ◽  
Vol 31 (3) ◽  
pp. 350-388 ◽  
Author(s):  
Steven Fraiberg
Keyword(s):  
Technical Communication ◽  
High Tech ◽  
High Tech Industry ◽  
Methodological Nationalism ◽  
Start Up ◽  
The World ◽  
Per Capita ◽  
Actor Networks ◽  
Coworking Spaces ◽  
Start Ups

This study focuses on start-up entrepreneurs on the move—in coordination with an array of other actors—as they weave and are woven into transnational networks. Central to this study is a shift from activity to mobility systems. Building on technical communication scholarship, the frame integrates actor networks and activity theory knotworks. Disrupting workplace and national container models (methodological nationalism), the analysis is grounded in a study of Israeli start-up entrepreneurs. Dubbed the Start-Up Nation, Israel contains more start-ups per capita than any other country in the world, with its high-tech industry made up of a dense ecosystem of conferences, accelerators, meetups, social media, and coworking spaces. Tracing actants’ trajectories across this social field, the author argues for a conceptualization of entrepreneurs as knotworkers who mobilize genres, modes, languages, and spaces.

When the going gets tough, do the tough get going? The pre-entry work experience of founders and high-tech start-up survival during an industry crisis

2010 ◽  
Vol 29 (6) ◽  
pp. 626-647 ◽  
Author(s):  
Luca Grilli
Keyword(s):  
Work Experience ◽  
Theoretical Perspective ◽  
High Tech ◽  
Specific Work ◽  
Start Up ◽  
Technology Services ◽  
Information And Communication ◽  
Econometric Analyses ◽  
Start Ups ◽  
Boom Period

This article explores the possibility that under an intensely negative industry-specific shock, the positive relationship between the human capital of founders and the survival prospects of start-up businesses may actually be negative. Starting from a theoretical perspective to derive testable hypotheses, the study examines a sample of 179 Italian start-ups operating in the information and communication technology services market created during the boom period from 1995 to early 2000. Econometric analyses provide evidence that, during an intense industry crisis (that is, early 2000 to 2003) entrepreneurs with a substantial amount of prior work experience may pursue an exit strategy. This also highlights the importance of distinguishing between different types of work experience and different exit routes: founding teams with highly specific work experience show a higher probability of pursuing mergers and acquisitions (M&A), while a higher level of generic work experience is found to be more conducive to firm closure.

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