From skilled engineer to a thriving entrepreneur. On the determinants of successful entrepreneurship in technical sectors

Mackiewicz, Michał; Błoch, Wiktor

doi:10.1080/13511610.2022.2034495

Cited by 2 publications

(1 citation statement)

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“…This, of course, includes social performance at the macro level and firm innovation from the micro perspective. Scholars generally believe that technology entrepreneurship is one of the significant sources of economic growth and contributes significantly to wealth and job creation (Mosey et al, 2017;Gu & Wang, 2022;Mackiewicz & Błoch, 2022). It is argued that innovative entrepreneurship and the development of new technologies contribute to technological change, which facilitates productivity growth and thus the upward shift of national production frontiers (Lafuente et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Technical founders, digital transformation and corporate technological innovation: empirical evidence from listed companies in China’s STAR market

2023

Int Entrep Manag J

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Technology entrepreneurship and corporate innovation are important for the development of indigenous innovation. In the digital age, founders are subject to fundamental changes in their strategy choices, which in turn affect corporate innovation performance. This paper aims to explore the strategic choices adopted by technical founders of listed companies in China’s STAR market to reap the rewards of innovation in a digital context. Based on the annual reports of 124 listed companies in China’s STAR Market, this paper applies machine learning methods to quantify digital transformation of enterprises, and empirically analyzes the relationship between technical founders and innovation performance by constructing a moderated mediating model. Our results show that companies with technical founders are more likely to adopt digital transformation and thus show better innovation performance. In terms of heterogeneity, the empirical results demonstrate that firms with technical founders show better performance in digital transformation, followed in turn by those with business founders and academic founders. Both the positive relationship between enterprise digital transformation and innovation performance and the mediating effect of digital transformation are positively moderated by venture capital or private equity support. The findings reveal the microscopic mechanism of the role of technology-based founders on corporate innovation performance and hence have practical implications for promoting corporate digital transformation and enhancing firm technological innovation.

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Section: Introductionmentioning

confidence: 99%

Technical founders, digital transformation and corporate technological innovation: empirical evidence from listed companies in China’s STAR market

2023

Int Entrep Manag J

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Implications of Digitalization on the Persistence of Startups

De-Esteban-Escobar,

De-Pablos-Heredero,

Montes-Botella

et al. 2024

Administrative Sciences

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Digitalization is a transformative phenomenon catalyzing innovative paradigms and operational methodologies within the realm of business, with a pronounced impact on nascent enterprises, notably startups. The aim of this paper is to ascertain the influence of digitalization and the effects of the different sociodemographic variables, both internal and environmental, as key driving elements in the probability of a company’s success and as indicators of business persistence and growth. Taking a representative sample of entrepreneurs from the Community of Madrid, Spain, a statistical structural equation model (SEM) is built. The results show the importance that the degree of adaptation of the startup to digitization acquires in persistence, the effort to generate inter-entrepreneurship within the company, the preparation of the promoting team, their work skills, good practices, and the influence of environmental variables. This study contributes to dispelling the great uncertainty that afflicts entrepreneurs and making them understand the importance of innovation, training, and continuous updating, expansion, and renewal of knowledge and especially the value of learning about applications of new technologies, the transformation of processes within a business model, and the correct adaptation to an environment that is constantly changing.

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From skilled engineer to a thriving entrepreneur. On the determinants of successful entrepreneurship in technical sectors

Cited by 2 publications

References 68 publications

Technical founders, digital transformation and corporate technological innovation: empirical evidence from listed companies in China’s STAR market

Technical founders, digital transformation and corporate technological innovation: empirical evidence from listed companies in China’s STAR market

Implications of Digitalization on the Persistence of Startups

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