India's Entrepreneurial Path to Green Market Solutions in Waste Management

2021 ◽  
pp. 1-15
Author(s):  
Heather C. Webb
Keyword(s):  
Waste Management ◽  
New Technologies ◽  
Green Economy ◽  
Green Market ◽  
Start Up ◽  
The Government ◽  
Policy Agendas ◽  
Market Solutions ◽  
Start Ups

New technologies and increasing opportunities in sustainable development propel start-ups in the green economy. For an emerging economy such as India, the government is focusing heavily on creating a green economy through changes and development of its governmental policies to strengthen green practices among entrepreneurs and other businesses. Specifically, though, India is focused on creating more marketable solutions for the bottom-of-the-income population. Nonetheless, for green entrepreneurs, starting a business is not easy and even more difficult within the workings of sustainability and other external barriers. Barriers may include weak institutional frameworks, weak supply chains, lack of infrastructure, or lack of regulations, which are more problematic in emerging economies. The chapter defines green entrepreneurship and the green economy while discussing India's policy agendas and path towards green market solutions. It then presents a case study about a green start-up, Carbon Masters, and their path towards an innovative waste management solution.

scholarly journals Business ideas in start-ups

2020 ◽  
Vol 83 ◽  
pp. 01063
Author(s):  
Štefan Slávik
Keyword(s):  
Information And Communication Technologies ◽  
New Technologies ◽  
Legal Protection ◽  
Communication Technologies ◽  
Point Of View ◽  
The Internet ◽  
Development Cycle ◽  
Start Up ◽  
Information And Communication ◽  
Start Ups

Start-up is a modern entrepreneurship form designed to realize original business ideas, mostly based on new technologies and the Internet. It evolves in the development cycle, which is determined by the business idea development cycle and the financing cycle. The purpose of the paper is to describe and analyse the business idea. The business idea is characterized by its content, circumstances of its origin, degree of originality and evidence of this originality. Start-ups are dominated by business ideas based on the application of information and communication technologies, the business idea is most often created by combining professional and business experience, but its originality is from the international point of view only average and the level of legal protection is quite rare.

scholarly journals VALUE CO-CREATION THROUGH SOCIAL MEDIA: A CASE STUDY OF A START-UP COMPANY

2019 ◽  
Vol 20 (1) ◽  
pp. 1-19 ◽  
Author(s):  
Junic Kim ◽  
Hwanho Choi
Keyword(s):  
Social Media ◽  
Value Creation ◽  
Small Businesses ◽  
Start Up ◽  
Media Platform ◽  
Social Media Tools ◽  
Start Ups ◽  
The Relationship ◽  
Social Media Strategy

This research examines social media users’ value-creation processes and the drivers of a start-up company’s successful social media strategy. This research primarily aims to understand start-ups’ effective utilization of social media and value co-creation processes. Although utilizing social media has become key for many organizations, start-ups and small businesses often suffer from a lack of understanding and knowledge of the utilization of social media tools. Therefore, this article uses a case study on the relationship between a social media platform and users’ value co-creation to offer a conceptual framework for start-ups to consider in utilizing social media. Our research reveals that four core drivers of social media success include experience, satisfaction, expression, and sharing ability. Each of these drivers in turn contains conditions for understanding users’ value-creation process and the creation of drivers for successful social media strategies. The research contributes to literature by providing a detailed review of users’ value co-creation as a part of a start-up’s successful social media strategy.

scholarly journals Accelerating chemical start-ups in ecosystems: the need for biotopes

2017 ◽  
Vol 20 (1) ◽  
pp. 135-152 ◽  
Author(s):  
Maarten J.G.M. van Gils ◽  
Floris P.J.T. Rutjes
Keyword(s):  
Open Innovation ◽  
Organizational Capacity ◽  
Innovation Process ◽  
Ecosystem Model ◽  
Innovation Ecosystem ◽  
Content Type ◽  
Start Up ◽  
Innovation Practices ◽  
Start Ups

Purpose The purpose of this paper is to clarify the relationship between start-ups and an innovation ecosystem. Start-ups need resources available in the ecosystem to grow, but experience organizational capacity limitations during their open innovation practices. This study frames the “open innovation” interface and discloses ways to accelerate the process of connecting start-ups’ demands to ecosystem’s supplies. Design/methodology/approach A case study was used to describe the development of a conceptual ecosystem model to frame the “open innovation” interface and its subsequent implementation at nine start-up hotspots in the Dutch chemical industry. To develop the ecosystem model, the system of innovation concept was enriched with the perspective of a chemical start-up to pinpoint critical resources for growth. Findings It is suggested that the most relevant “open innovation” interface for start-ups looking to grow is an innovation biotope: a well-defined, business-oriented cross-section of an ecosystem. All stakeholders in a biotope are carefully selected based on the entrepreneurial issue at stake: they can only enter the secured marketplace if they are able to provide dedicated solutions to start-ups. The biotope enables “open innovation in a closed system” which results in acceleration of the innovation process. Originality/value This is the first study to report on the definition and implementation of an innovation biotope as the “open innovation” interface between an ecosystem and start-ups. In addition, it provides a powerful tool, the ecosystem canvas, that can help both regional and national innovation systems to visualize their ecosystem and identify blind spots.

The influence of personal and environmental factors on entrepreneurs' performance

Kybernetes ◽  
2013 ◽  
Vol 42 (6) ◽  
pp. 906-927 ◽  
Author(s):  
Doris Omerzel Gomezelj ◽  
Irena Kušce
Keyword(s):  
Environmental Factors ◽  
Multiple Linear Regression Model ◽  
Content Type ◽  
Beneficial Effects ◽  
Business Environments ◽  
Perceived Performance ◽  
Start Up ◽  
Main Determinants ◽  
The Government ◽  
Start Ups

Purpose – This paper aims to analyse the determinants of business start-ups and their impact on entrepreneurial performance. The theoretical part indicates that the importance of small- and medium-sized enterprises (SMEs) considers the role of entrepreneur in the business process and provides an overview of theoretical and empirical findings in the main determinants of business start-ups. Design/methodology/approach – The empirical part is based on quantitative survey results from a model of business start-up factors and relations with the entrepreneurs' performance. The data were analysed using the statistical package for data analysis SPSS for Windows. The factor analysis was performed separately for the set of variables that have measured the reasons for founding the start-up, the personality traits, environmental factors and performance. The paper used a multiple linear regression model to identify the strength, direction and impact of different factors on the start-up performance. Findings – In general, the study identifies which indicators influence entrepreneurs' performance (personal and business) in the first years of their companies. The paper revealed the heterogeneity of the measures for performance and their different natures (from financial indicators to those related to the entrepreneur satisfaction). Consequently, one of the most significant findings of the research is that, in spite of the fact that the most commonly used indicators for the firm performance in the literature are financial, the paper should not neglect the so-called perceived performance. This is how entrepreneurs are satisfied with their success. Research limitations/implications – The study is limited to Slovenian SMEs, but can be generalised to other regions. The study offers notable contributions for research and practice (improvements in SME environmental factors). Practical implications – The personal traits and appropriate business environments can have beneficial effects on the entrepreneur's perceived performance. The findings can be used to guide the government in efficient management of different dimensions of entrepreneur environment. Originality/value – This study proved the existence of latent elements of the entrepreneur's perceived performance. It gives valuable information, which hopefully will help the policy makers and entrepreneurs to give greater respect to the meaning of critical personal and environmental factors.

Global Synfuels' financial and strategic appraisal of a coal-to-liquid project

2012 ◽  
Vol 2 (8) ◽  
pp. 1-10
Author(s):  
Narender Lal Ahuja ◽  
Sweta Agarwal
Keyword(s):  
Strategic Management ◽  
Corporate Finance ◽  
Financial Management ◽  
Coal Gasification ◽  
New Technologies ◽  
Managerial Accounting ◽  
Alternative Source ◽  
Content Type ◽  
The Government

Subject area Financial management, corporate finance, strategic management, managerial accounting and project management. Study level/applicability The case is suitable for courses such as MBA, Bachelor level business courses (in finance, business strategy) and training programs for working executives. Case overview The case study deals with financial and strategic appraisal of a unique coal-to-liquid project. India imported about two thirds of its crude oil requirements resulting in huge outflow of precious foreign exchange. As a result, it became necessary for the country to look for alternative sources of energy. The coal-to-liquid (CTL) technology of coal gasification offers a credible alternative source of fuels as proved by Sasol of South Africa. The Government of India short-listed Global Synfuels Company (name changed) as one of the selected few companies to build a CTL project. While the project is strategically important to the company and highly desirable for the country, there are serious doubts about the commercial viability of the project because of which the company is in dilemma whether to go ahead with the project. The case study presents this decision dilemma in a very interesting way and will be useful for teaching courses in corporate finance and strategic management. Expected learning outcomes The case can be used to engage participants to make a SWOT analysis for a new business opportunity, discuss environmental and financial issues facing a company, use DCF techniques to evaluate the project viability, carry out scenario analysis of the project to the changes in variables as well as challenge the participants to generate strategies for the success of a new project. Participants would also develop a better understanding of: environmental issues involved in CTL projects and new technologies to deal with such issues; and the employment impact of large projects such as the CTL. Supplementary materials Teaching notes are available; please consult your librarian for access.

scholarly journals Analisis Perbandingan Algoritma Decision Tree, kNN, dan Naive Bayes untuk Prediksi Kesuksesan Start-up

2021 ◽  
Vol 6 (3) ◽  
pp. 178-188
Author(s):  
Adhitya Prayoga Permana ◽  
Kurniyatul Ainiyah ◽  
Khadijah Fahmi Hayati Holle
Keyword(s):  
Decision Tree ◽  
Naive Bayes ◽  
Naïve Bayes ◽  
Test Results ◽  
Decision Tree Algorithm ◽  
Tree Algorithm ◽  
Start Up ◽  
The Many ◽  
Start Ups

Start-ups have a very important role in economic growth, the existence of a start-up can open up many new jobs. However, not all start-ups that are developing can become successful start-ups. This is because start-ups have a high failure rate, data shows that 75% of start-ups fail in their development. Therefore, it is important to classify the successful and failed start-ups, so that later it can be used to see the factors that most influence start-up success, and can also predict the success of a start-up. Among the many classifications in data mining, the Decision Tree, kNN, and Naïve Bayes algorithms are the algorithms that the authors chose to classify the 923 start-up data records that were previously obtained. The test results using cross-validation and T-test show that the Decision Tree Algorithm is the most appropriate algorithm for classifying in this case study. This is evidenced by the accuracy value obtained from the Decision Tree algorithm, which is greater than other algorithms, which is 79.29%, while the kNN algorithm has an accuracy value of 66.69%, and Naive Bayes is 64.21%.

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 Leadership and City Waste Politics: A Case Study on the Waste Management in Depok City, West Java Province 2014 – 2017

PCD Journal ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 65-82
Author(s):  
Nur Azizah ◽  
Azifah Retno Astrina ◽  
Nadlirotul Ulfa
Keyword(s):  
Waste Management ◽  
Contributing Factors ◽  
West Java ◽  
Policy Performance ◽  
Main Driver ◽  
The Government ◽  
Bureaucratic Institutions ◽  
Formal Leadership

This article aims to ascertain the role of a local leader in the transformation of waste management in Depok City, West Java, between 2014 and 2017. In 2005, Depok was identified as one of the dirtiest cities in Indonesia; by 2017, it had successfully transformed itself and received the Adipura Award for Indonesia's cleanest city. Based on qualitative fieldwork, we argue that Depok's waste management was transformed through a series of policies made by the mayor in conjunction with the Government of Depok City between 2006 and 2016. The example of Depok shows that formal leadership plays an important role in encouraging the emergence of innovative policies to address public problems. In this case, the vision of the leader was translated into policy and implemented by bureaucratic institutions, thereby driving important changes in the region. Further contributing factors included credibility, protection from opposition, and access to resources. We also emphasize the importance of leadership in giving direct examples to local communities on how we understand waste; how we reduce, reuse, recycle, and participate. The leader's ability to consolidate his ideas within the broader community, as well as his commitment to sustainable change, become the main driver of his policy performance.

Affected Factors for Solid Waste Management in the Upstream of Watershed and Touristic Area using Analytic Hierarchy Process. A Case Study of Pai District, Thailand

2019 ◽  
Vol 10 (3) ◽  
pp. 563
Author(s):  
Jessadanan WIANGNON ◽  
Thares SRISATIT ◽  
Ananya POPRADIT
Keyword(s):  
Waste Management ◽  
Solid Waste ◽  
Solid Waste Management ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Tourist Attractions ◽  
The Government ◽  
Negative Impacts ◽  
Hierarchy Process

The promotion of tourism by the government and the creation of local tourist attractions are becoming extremely popular. This has direct negative impacts on the environment, especially the existence of a significant quantity of garbage and its ineffective management. The upstream areas that experience considerable tourism often face problems in solid waste management (SWM), especially in areas with management limitations. The purpose of this study is to study the various important factors that affect the efficiency of SWM from tourism in the upstream areas by exploring the attitudes of those involved in the Pai district, Mae Hong Son Province, using the questionnaire. The questionnaire has been analysed by statistical methods using the SPSS program, and, then, the data has been analysed by 16 experts from 8 related fields using the analytical hierarchy process (AHP) to prioritise the factors affecting the efficiency of waste management from tourism in upstream areas. The study indicated that a total of 30 factors were grouped into 5 groups. The highest important factor is personnel and knowledge, followed by budget and equipment, area and strategy, cooperation and process, and economy and society. Executive vision is the most important secondary factor towards SWM resulting from tourism in the upstream areas. The summary of this research can be used to effectively drive spatial work, which is suitable for small cities located in upstream areas, and growth in tourism, and such information can be applied to other areas that have similar characteristics, which will lead to efficient spatial SWM.

scholarly journals Open accelerators for start-ups success: a case study

2017 ◽  
Vol 20 (1) ◽  
pp. 80-111 ◽  
Author(s):  
Cinzia Battistella ◽  
Alberto F. De Toni ◽  
Elena Pessot
Keyword(s):  
Open Innovation ◽  
Research Question ◽  
Innovation Process ◽  
Open Approach ◽  
Content Type ◽  
Start Up ◽  
The One ◽  
Innovation Practices ◽  
Start Ups

Purpose The purpose of this paper is to investigate how the context of open innovation offered by accelerators can affect the successful growth of start-ups. The authors explore accelerators practices and tools in sustaining start-ups and increasing survival probability in their innovation process, with the aim of addressing the following research question: how can start-ups benefit from participation in an accelerator programme from an open innovation perspective? Design/methodology/approach A review of the literature on start-up successes and failures and on major practices in the open innovation paradigm was carried out, delineating them in the context of accelerators. Given the absence of literature on accelerator practices for supporting start-ups, and aiming at a comprehensive understanding of how the open environment within the accelerator influences a start-up’s survival (or even success) by mitigating the probability of failure, the authors conducted an exploratory case study in an English accelerator. Findings The open innovation practices mediated by an accelerator and the ones that are not covered, but that can benefit a start-up’s survival, are shown. On the one hand, main effective practices, such as dyadic co-creation with accelerator network partners and crowdsourcing, are revealed to address mostly the lack of, or wrong direction in, product, marketing and relative managerial abilities, which are not usually owned by a start-up due to its “newness”. On the other hand, some causes of failures, such as the intrinsic characteristics of founder teams, do not seem to be addressed by an open approach and neither does participation in an accelerator programme. Originality/value This paper is the first to study and link the literature on accelerators, start-ups and open innovation.

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