TY  - CHAP
U1  - Konferenzveröffentlichung
A1  - Hornberger, Lisa
A1  - König, Marc
A1  - Zerr, Konrad
A1  - Baltes, Guido H.
T1  - Growth factors of early-stage technology ventures
BT  - a life cycle model for business strategy
T2  - International Conference on Engineering, Technology and Innovation (ICE/ITMC), 27-29 June 2017, Madeira, Portugal
N2  - Growth is a key indicator of the prosperity of an economy. In today's Germany the " Gründerzeit " still describes a period of enormous economic growth. Factors that lead to growth haven't been investigated in the context of the different life cycle stages of early-stage technology ventures so far. This paper proposes a model of early-stage ventures' growth based on factors. From a theoretical angle, we look at the business from the market-based view (MBV) and the resource-based view (RBV) on strategy in the longitudinal perspective of the business life cycle. With this view we get to know what are the stage specific needs and processes of new technology based ventures in order to provide appropriate support. We tested different potential growth indicators for the model with a questionnaire-based survey which was answered by 68 high-tech entrepreneurs. The results suggest that growth factors are stage specific in their relevance. While leading to growth in one stage, certain factors evince no or even negative influence on growth in other stages. Moreover, RBV factors as seen more relevant for the growth than the MBV factors. Further research requires a large and representative population to validate the results. Keywords:-growth factors, early-stage ventures, market-based view, resources based view.
KW  - Growth factors
KW  - Early-stage ventures
KW  - Market-based view
KW  - Resources based view
Y1  - 2017
SN  - 978-1-5386-0774-9
SB  - 978-1-5386-0774-9
SN  - 978-1-5386-0775-6
SB  - 978-1-5386-0775-6
U6  - https://doi.org/10.1109/ICE.2017.8279986
DO  - https://doi.org/10.1109/ICE.2017.8279986
SP  - 964
EP  - 972
PB  - IEEE
ER  -