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- Institut für Strategische Innovation und Technologiemanagement - IST (60) (remove)
New Technology-Based Firms (NTBFs) learn their business in the early-stages of their life-cycle. As a central element of the entrepreneurial learning process, the business model describes the value-creation functions that are conceptualized in different stages of the NTBF’s life-cycle. Transaction relations connect the model with the business reality and ideally mature in strength over time to a functioning value-network. This chapter describes the development of a research design that determines, extracts, and evaluates semantics constructs of this entrepreneurial learning out of a convenient sample and three cohorts of business plans submitted to a business plan award between 2008 and 2010. The analysis shows empirical evidence for the survival and growth of those NTBFs that exhibit a balanced status of entrepreneurial learning in the maturity of the value-network that can be characterized as early startup-stage. The empirical findings of the network theory based business plan analysis will allow for a better explanation of the performance in the entrepreneurial process that is discussed for NTBFs based on theory of organizational learning.
The Role of Support-Activities for the successful Implementation of Internal Corporate Accelerators
(2018)
Despite the increased attention dedicated to research on the antecedents and determinants of new venture survival in entrepreneurship, defining and capturing survival as an outcome represents a challenge in quantitative studies. This paper creates awareness for ventures being inactive while still classified as surviving based on the data available. We describe this as the ‘living dead’ phenomenon, arguing that it yields potential effects on the empirical results of survival studies. Based on a systematic literature review, we find that this issue of inactivity has not been sufficiently considered in previous new venture survival studies. Based on a sample of 501 New Technology-Based Firms, we empirically illustrate that the classification of living dead ventures into either survived or failed can impact the factors determining survival. On this basis, we contribute to an understanding of the issue by defining the ‘living dead’ phenomenon and by proposing recommendations for research practice to solve this issue in survival studies, taking the data source, the period under investigation and the sample size into account.
This paper examines the corporate organisational aspects of the implementation of Industry 4.0. Industry 4.0 builds on new technologies and appears as a disruptive innovation to manufacturing firms. Although we do have a good understanding of the technical components, the implementation of the management and organisational aspects of Industry 4.0 is under-researched. It is challenging to find qualitative empirical evidence which provides comprehensive insights about real implementation cases. Based on a case study in a German high value manufacturing firm, we explore the corporate organisation and implementation of Industry 4.0. By using the framework of Complex Adaptive System (CAS), we have identified three key factors which facilitate the implementation of Industry 4.0 namely 1.) Organisational structure changes such as the foundation of a central department for digital transformation, 2.) The election of a Chief Digital Officer as a personnel change, and 3.) Corporate opening up towards cooperating with partners as a cultural change. We have furthermore found that Lean Management is an important enabler that ensures readiness for the adoption of Industry 4.0.
Business coaching is believed to effectively improve survival and success chances of new technology-based firms (NTBFs). However, not much empirical evidence on the support measure's effectiveness is available. Therefore, a pragmatic two-armed Randomized Controlled Trial (RCT) to test the effect of tactical business coaching on NTBF survival capabilities was designed and, for the most part, carried out. However, due to a lower than expected sample size and great attrition between groups, the RCT reveals deviations from the trial design that impede a thorough data assessment. Based on the data given, a first data analysis does not reveal significant differences in survival capability between the two groups. Thus, to provide guidance for future RCTs in business contexts, lessons learned about how to deal with trickle samples and experiment constellations with third parties carrying out the intervention are drawn.
Das 'essential' behandelt die technoökonomischen Grundlagen und deren Anwendung auf die Schlüsseltechnologien der Energiewende. Zunächst erfolgt eine inhaltliche Klärung und formale Herleitung von statischen und dynamischen Skaleneffekten sowie eine Übersicht bzgl. deren unterschiedlicher Kombinationsmöglichkeiten für die Diskussion von Best- und Worst-Case-Szenarien. Für eine Anwendung dieser Grundlagen stehen zunächst die diversen brennstoffbasierten KWK-Varianten, insbesondere Blockheizkraftwerke (BHKW), im Zentrum. Anschließend erfolgt eine Ausweitung der Betrachtungen auf die regenerativen Energietechnologien Photovoltaik und Windkraft. Mit einem kurzen Blick auf weitere Technologien wie Wärmepumpen sowie elektrische und thermische Energiespeicher finden diese Darstellungen ihren Abschluss.
In today's volatile world, established companies must be capable of optimizing their core business with incremental innovations while simultaneously developing discontinuous innovations to maintain their long-term competitiveness. Balancing both is a major challenge for companies, since different types of innovation require different organizational structures, operational modes and management styles. Established companies tend to excel in improving their current business through incremental innovations which are closely related to their current knowledge base and competencies. However, this often goes hand in hand with challenges in the exploration of knowledge that is new to the company and that is essential for the development of discontinuous innovations. In this respect, the concept of corporate entrepreneurship is recognized as a way to strengthen the exploration of new knowledge and to support the development of discontinuous innovation. For managing corporate entrepreneurship more effectively, it is crucial to understand which types of knowledge can be created through corporate entrepreneurship and which organizational designs are more suited to gain certain types of knowledge. To answer these questions, this study analyzed 23 semi-structured interviews conducted with established companies that are running such entrepreneurial activities. The results show (1) that three general types of knowledge can be explored through corporate entrepreneurship and (2) that some organizational designs are more suited to explore certain knowledge types than others are.
Dieses Buch bietet eine kompakte Einführung in die systemische Denkweise und die Methodik des Vernetzten Denkens. Tragfähige Entscheidungen und Handlungen in unserer vernetzten und komplexen Welt erfordern, sich mit anderen Denk- und Sichtweisen vertraut zu machen und in systemisch-vernetzten Zusammenhängen zu denken. Dazu benötigen die Entscheider ein tiefergehendes Verständnis über das Denken in Wirkungszusammenhängen und wie sich diese bildhaft darstellen lassen. Mittels vieler motivierender Beispiele zeigt dieses essential, was Systemdenken ausmacht und wie sich diese Denkweise in die eigene Entscheidungspraxis umsetzen lässt.
Aufgrund der Corona-Pandemie kam es 2020 zu einer verstärkten Nutzung von Homeoffice und Teleworking. Sowohl bzgl. der Wahl des Arbeitsortes als auch der genutzen Kommunikationstechnologien existieren Pfadabhängigkeiten. Der Beitrag thematisiert diese Pfadabhängigkeiten systematisch, insbesondere ihre Ursachen und Folgen sowie die Möglichkeiten zur Pfadbrechung.