Refine
Year of publication
Document Type
- Conference Proceeding (42)
- Article (16)
- Part of a Book (9)
- Other Publications (4)
- Preprint (1)
- Report (1)
Keywords
- Actions (1)
- Ambidexterity (1)
- Artificial Intelligence (1)
- Blended values (1)
- Building with earth (2)
- Business Coaching (1)
- Business Idea Quality (1)
- Business Plan (1)
- Business life-cycle (1)
- Business model (2)
- Business plan (4)
- Case Study (1)
- Case studies (1)
- Circular economy (2)
- Classification (1)
- Co-Specialization (1)
- Co-specialization (1)
- Collaboration (1)
- Combinations (1)
- Component (1)
- Comprehensive view (1)
- Compressed earth (2)
- Content analysis (2)
- Content analysis (keywords) (1)
- Control (1)
- Coordination (1)
- Corporate Entrepreneurship (2)
- Corporate Venturing (1)
- Corporate accelerator (1)
- Corporate entrepreneurship (8)
- Corporate entrepreneurship programs (1)
- Corporate incubator (1)
- Corporate venturing (5)
- Decarbonisation (1)
- Decarbonization (1)
- Demolition wastes (2)
- Discontinuous innovation (2)
- Dual structures (1)
- Dynamic Capabilities (1)
- Dynamic capabilities (1)
- Early-stage technology venture (1)
- Early-stage ventures (1)
- Effective management (1)
- Entrepreneurial activities (1)
- Entrepreneurial employees (1)
- Entrepreneurial motivation (1)
- Entrepreneurship (3)
- Entrepreneurship Education (1)
- Entrepreneurship Support (1)
- Female Entrepreneurship (2)
- Female entrepreneurship (1)
- Formatting (1)
- Freistellungssemesterbericht (1)
- Future research (1)
- Gender (1)
- German Industry (1)
- Goal setting (1)
- Goals (1)
- Growth factors (1)
- Higher education (1)
- Hybrid organizations (1)
- Insert tech ventures (1)
- Interaction (1)
- Internal corporate accelerator (1)
- Knowledge Transfer (1)
- Knowledge exploration (1)
- Literature Review (3)
- Literature review (2)
- Low-carbon construction (2)
- Machine Learning (2)
- Management Routines (1)
- Market-based view (1)
- Measurement methods (2)
- Multiple units (1)
- NTBF Survival (1)
- Network theory (1)
- New Technology-Based Firms (2)
- New technology-based firms (1)
- New venture survival (1)
- Organizational ambidexterity (2)
- Outcome classification (1)
- Principal component analysis PCA (1)
- Rammed earth (2)
- Randomized Controlled Trial (1)
- Recycled materials (2)
- Resources based view (1)
- Role models (1)
- Rough set theory RST (1)
- SME (1)
- Small and medium-sized enterprises (1)
- Social impact (1)
- Strategic Renewal (1)
- Strategic approaches (1)
- Strategic entrepreneurship (1)
- Strategic renewal (1)
- Style (1)
- Styling (1)
- Support Units (1)
- Survival Capability (2)
- Sustainable construction (2)
- Synergies (2)
- Tech ventures (1)
- Technology transfer (1)
- Text Analytics (1)
- Text Mining (2)
- Text mining (1)
- Transaction Relations (2)
- Transaction relations (3)
- Uncertainty (1)
- Value Network (3)
- Value network (1)
- Value-network strength (1)
- Value-networks (1)
- Venture creation (1)
- Venture creation business model (1)
- Venture emergence (2)
- Women in Management (1)
- Zombie firms (1)
- innovation management (1)
- organisational aspects (1)
- technology management (1)
Research credits corporate entrepreneurship (CE) with enabling established companies to create new types of innovation. Scholars have focused on the organizational design of CE activities, proposing specific organizational units. These semi-autonomous units create a tense management situation between the core organization and its CE activities. Management and organization research considers control as a key managerial function for help. However, control has received limited research attention regarding CE units, leaving design issues for appropriate control of CE units unanswered. In this study, we link management control and CE to illustrate how control is understood in the context of CE. For this, we scanned the CE literature to identify underlying attributes and characteristics that allow specifying control for CE. We identified 11 attributes to describe control for CE activities in a first round and to derive future research paths.
The business plan is one of the most frequently available artifacts to innovation intermediaries of technology-based ventures' presentations in their early stages [1]–[4]. Agreement on the evaluations of venturing projects based on the business plans highly depends on the individual perspective of the readers [5], [6]. One reason is that little empirical proof exists for descriptions in business plans that suggest survival of early-stage technology ventures [7]–[9]. We identified descriptions of transaction relations [10]–[13] as an anchor of the snapshot model business plan to business reality [13]. In the early-stage, surviving ventures are building transaction relations to human resources, financial resources, and suppliers on the input side, and customers on the output side of the business towards a stronger ego-centric value network [10]–[13]. We conceptualized a multidimensional measurement instrument that evaluates the maturity of this ego-centric value networks based on the transaction relations of different strength levels that are described in business plans of early-stage technology ventures [13]. In this paper, the research design and the instrument are purified to achieve high agreement in the evaluation of business plans [14]–[16]. As a result, we present an overall research design that can reach acceptable quality for quantitative research. The paper so contributes to the literature on business analysis in the early-stage of technology-based ventures and the research technique of content analysis.
Alles digital – was nun?
(2018)
Text produced by entrepreneurs represents a data source in entrepreneurship research on venture performance and fund-raising success. Manual text coding of single variables is increasingly assisted or replaced by computer-aided text analysis. Yet, for the development of prediction models with several variables, such dictionary-based text analysis methods are less suitable. Natural language processing techniques are an alternative; however, the implementation is more complex and requires substantial programming skills. More work is required to understand how text analytics can advance entrepreneurship research. This study hence experiments with different artificial intelligence methods rooted in Natural Language Processing and deep learning. It uses 766 business plans to train a model for the automated measurement of transaction relations, a construct which is an indicator for new technology-based firm survival. Empirical findings show that the accuracy of construct measurement can be significantly increased with automated methods and improves with larger amounts of training data. Language complexity sets limits to the precision of automated construct measurement though. We therefore recommend a hybrid approach: making use of the inherent advantages of combining automated with human coding until the amount of training data is sufficiently large to substitute the human coding completely. The study provides insights into the applicability of different text analytics methods in entrepreneurship research and points at future research potential.
What drives entrepreneurial action to create a lasting impact? The creation of new ventures that aim at having an impact beyond their financial performance face additional challenges: achieving economic sustainability and at the same time addressing social or environmental issues. Little is known on how these new hybrid organizations, aiming for multiple impact dimensions, manage to be congruent with their blended values. A dataset of 4,125 early-stage ventures is used to gain insights into how blended values are converted into financial, social and environmental impacts, giving shape to different types of hybrid organizations. Our findings suggest new hybrid organizations might opt to sacrifice financial impact to achieve social impact, yet this is not the case when they aim to generate environmental or sustainable impact. Therefore, the tensions and sacrifices related to holding blended values are not homogeneous across all types of new hybrid organizations.
Beidhändig gestalten
(2018)
Beidhändig zum Erfolg
(2018)
Validity of the business model is a key indicator for buying into ventures in the early-stage. Business models of early-stage ventures decrease in validity when developing the business over the progressing stages of the business life-cycle. By doing so, the ventures are validating their business model when building transaction relationships to the surrounding value network. In prior research, we developed a research design based on existing business innovation proposals (onepager, pitch decks, business plans) that is assumed to evaluate the status of business model validation. The core hypothesis of the research design is that transaction relations represent a strong anchor between the business model and the business reality, thus providing information on the business model validity. In this research, we test this hypothesis by designing and analyzing a survey that was directed to founders taking part in a business plan competition. We compared the relationships described in the submitted business plans to the relations explicitely stated in the follow-up questionnaire. We identified that the described relations to customers, investors, and people (human resources) match the relationships expressed in questionnaires quite well. A significant disagreement, however, exists in the relationships to suppliers. We conclude that there is still a theoretical and empirical gap that leads to disagreement between business plans and reality in the group of suppliers.
Corporate entrepreneurship (CE) supports the strategic renewal of established companies. Corporate venturing represents one key concept of CE that supports companies to strengthen their innovation capabilities. For the successful implementation of corporate ventures dual structures are recommended. The question, how the interface should be designed, plays a crucial role. Although it seems to be an important factor, this aspect requires further attention. One relevant element of the interface design are the different roles of the individuals that are interacting within the interface. This study is based on nine interviews that are representing six internal corporate ventures within one large German corporate from the ICT sector. The results that were mirrored with short case studies of 25 additional companies of the data sample, contribute to a better understanding of the interface design by adding insights about roles in corporate entrepreneurship. This deeper understanding about roles allows to draw conclusions on the interface design from a structural point of view.
Nachhaltiger Unternehmenserfolg erfordert die Umsetzung von Ambidextrie in der Organisation: Das Nebeneinander von effizienter Optimierung im Kerngeschäft und strategischer Innovation und Transformation in neue Geschäftsfelder. „Eingebettete Unternehmerteams“ werden in diesem Kapitel als eine konkrete Form der Implementierung hierzu vorgestellt. Mit kleinen, autonomen und agilen Teams werden iterativ und unternehmerisch neue Geschäftsfelder aufgebaut. Dies verbessert die Innovationsfähigkeiten und Veränderungskompetenzen und unterstützt die notwendige digitale Transformation im Unternehmen. Für solche hybriden Formen der Organisation sind spezielle Rollen und Profile erfolgskritisch: Der angestellte Unternehmer bzw. Corporate Entrepreneur oder Intrapreneur und sein Team. Dieses Kapitel stellt diese Rollen mit den wesentlichen Aufgaben vor und diskutiert detailliert hierfür erfolgskritische Kompetenzen und Charakteristiken sowie das Zusammenspiel im Team. Anhand zahlreicher Praxisbeispiele werden erfolgreiche angestellte Unternehmer beschrieben, sodass für den Leser ein greifbares Bild dieser Rolle und dafür geeigneter Persönlichkeiten entsteht. Darüber hinaus zeigt das Kapitel auf, wie die Einführung und Umsetzung eingebetteter Unternehmerteams das unternehmerische Handeln, Corporate Entrepreneurship in der Organisation und mit alternativen Karrierepfaden auch die Attraktivität als Arbeitsgeber stärkt.
Corporate venturing is one way for corporations to
introduce strategic renewal into their business portfolios, which is
imperative for ongoing success in innovation-driven industries.
Prior research finds that corporate ventures should be separated
from the mainstream business in loosely coupled sub-units, but
scholars continue to discuss how loose or tight the ventures should
be to balance exploration and exploitation. Hence, the antecedents
for successful venture management are yet to be fully explored and
our study contributes to this effort. The study shows that
corporate venture success is enhanced when corporate
management grants job and strategic autonomy to the venture
managers. This is further amplified when corporate management
simultaneously imposes an exploitative policy that forces venture
managers to prioritize extensions to and improvements of existing
competences and product-market offerings.
Uncertainty about the future requires companies to create discontinuous innovations. Established companies, however, struggle to do so; whereas independent startups seem to better cope with this. Consequently, established companies set up entrepreneurial initiatives to make use of startups' benefits. Consequently, this led-amongst others-to great interest in socalled corporate entrepreneurship (CE) programs and to the development and characterization of several different forms. Their processes to achieve certain objectives, yet, are still rather ineffective. Thus, considerations of the actions performed in preparation for and during CE programs could be one approach to improve this but are still absent today. Furthermore, the increasing use of several CE programs in parallel seems to bear the potential for synergies and, thus, more efficient use of resources. Aiming to provide insights to both issues, this study analyzes actions of CE programs, by looking at interviews with managers of seven corporate incubators and accelerator programs of five established German tech-companies.
Forschungsfrage: Welche Rollen lassen sich in Corporate Entrepreneurship identifizieren? Wie unterscheiden sich diese anhand verschiedener Merkmale und welche Fähigkeiten scheinen besonders relevant für ihre erfolgreiche Ausführung?
Methodik: Explorative Studie mit 56 semi-strukturierten Interviews mit Corporate-Entrepreneurship-Aktivitäten im DACH-Raum
Praktische Implikationen: Ein genaues Verständnis über die jeweiligen Rollen, ihre Unterschiedlichkeiten und Anforderungen ist notwendig, um die verschiedenen Corporate-Entrepreneurship-Aktivitäten mit passendem Personal zu besetzen.
Die Welt um uns herum verändert sich derzeit nachhaltig und tiefgreifend – und das in atemberaubender Geschwindigkeit. Diese Herausforderung als Chance nutzen zu können, erfordert eine neue Qualität von Wandlungsfähigkeit und Veränderungsarbeit in Unternehmen. Die Voraussetzung dafür ist ein differenziertes Verständnis der Treiber dieses (digitalen) Wandels. Dieses Kapitel bietet daher einen strukturierten Überblick über die Treiber digitaler Transformation und die Veränderungen im Unternehmensumfeld, z.B. wie die exponentielle Entwicklung digitaler Optionen einen Wettbewerb um die Monopolisierung der Kundenschnittstelle auslöst und dieser Wandel ganze Industrien radikal verändert (hat). Anhand zahlreicher Erfolgsbeispiele wird dargestellt, wie Unternehmen diesem Wandel begegnen und ihn erfolgreich gestalten können, wie sie beispielsweise die Ökonomie des Plattformwettbewerbs erfolgreich nutzen und den richtigen Zeitpunkt zum Einstieg in neu entstehende Märkte finden. Unsicherheit, Komplexität und Paradoxien sind hier unvermeidbare Begleiterscheinungen, die neue Führungs- und Organisationmodelle – Stichwort: Führung 4.0 oder Digital Leadership – sowie eine neue Form der Veränderungsarbeit notwendig machen. Die Prinzipien dieser Führung 4.0 sowie der notwendige Wandel der Veränderungsarbeit werden dargestellt und die Veränderungsintelligenz als ein empirisch fundiertes und in der Praxis erprobtes Konzept eingeführt.
The business model canvas (BMC) and the lean start-up manifesto (LSM) have been changing both the entrepreneurial education and, on the practical side, the mindset in setting up innovative ventures since the burst of the dot-com bubble. However, few empirical insights on the business model implementation patterns that distinguish between digital and non-digital innovative ventures exist. Connecting practical management tools to network theory as well as to the theory of organizational learning, this paper investigates evolution patterns of digital and non-digital business models out of the deal flow of an innovation intermediary. For this purpose, a multi-dimensional quantitative content analysis research design is applied to 242 ventures' business plans. The measured strength of transaction relations to customers, suppliers, people, and financiers has been combined with performance indicators of the sampled ventures. The results indicate that in order to succeed, digital ventures iterate their business on the market early and search for investment afterwards. Contrariwise, non-digital ventures already need financial investments in the early stages to set up a product ready to be tested on the market. In both groups we found strong evidence that specific evolutionary patterns relate to higher rates of success.