Opportunities and Threats Facing Early-Stage Digital Startups During the COVID-19 Pandemic

Karimi, Afsaneh; Mohammadi, Narges; Sakhteh, Shaghayegh

doi:10.1007/978-3-030-89996-7_5

Cited by 3 publications

(6 citation statements)

References 27 publications

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“…This research echoed the findings of Reuschl et al, 2022 andAlmeida, 2020 that start-ups renovated their products/services and invested in R&D of technology and digital innovation. Further, the research corroborates with the research of Aldianto et al, 2021 andKarimi et al, 2022, that digital transformation or adopting new technologies create a resilient, adaptable and sustainable environment for the start-ups. Thus, it can also be concluded that technology has helped many start-ups in the pandemic to survive (Ahmed et al, 2021).…”

Section: The Current Environment Of Start-ups In Indiasupporting

confidence: 83%

“…To effectively handle a crisis, advance planning is required, and existing studies highlight that organizations many a times fail to realize the magnitude of harm that a possible crisis event poses (Sheth, 2021; Karimi et al , 2022). From research into the effects of hurricane Katrina and its aftermath, we know that failing to prepare can have disastrous consequences, particularly for small businesses that are vulnerable to cash flow interruptions, a lack of access to capital for recovery and accessing federal assistance while also experiencing serious infrastructure problems (Blažková and Dvouletý, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

“…With the new normal setting in, the start-ups aided with technology and digital innovation are gradually gaining normalcy (Reuschl et al , 2022; Almeida, 2020). Since innovative firms are more likely to predict and respond to a wide variety of crises on a continual basis, they are likely to be more creative, resilient and thus better equipped to deal with COVID-19 crisis (Aldianto et al , 2021; Karimi et al , 2022). In the sphere of tech start-ups, more than 70% have already reported unfavourable consequences on their business activity and more than 75% of them anticipate having to make layoffs as per March 2020 report (Ascençao, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

“…Literature has widely cited the role of private incubators and accelerators in the development of start-ups (Almeida, 2020; Karimi et al , 2022). The COVID-19 pandemic has greatly impacted the process of new venture development and has thrusted upon the role of incubators (Karimi et al , 2022). The incubators have provided a lot of support to start-ups during COVID-19 in form of spaces, free training, support in the management, diffusion and market reach and scalability (De Esteban Escobar et al , 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

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Does technology make start-ups resilient amidst COVID-19? A qualitative enquiry

Tiwari

Das

Dubey

et al. 2023

QMR

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Purpose This paper aims to explore the challenges faced by start-ups during COVID-19 and highlight solutions for catering to the new-normal consumer behaviour. The study accounts for 15 deep-tech start-ups sailing through the pandemic and their responsiveness. This study brings forth insights and experiences from the Indian start-up founders and CEOs during COVID-19. Design/methodology/approach This study uses a qualitative approach and is exploratory and phenomenological. A purposive sample of 15 young start-ups founded between the years 2013–2020 by founders aged between 24 and 41 was selected for the study. The recorded telephonic interview was collected from the founders from April 2021 to September 2021. The thematic analysis of the study evolves from Braun and Clarke (2006) using the MAXQDA 2020. Findings The study emphasizes upon challenges faced by start-ups, crisis management of start-ups and the relevance of technology-based start-ups during challenging times. This research provides a qualitative framework to establish the role of the technology acceptance model (TAM) towards the adaptability, responsiveness and resilience demonstrated by the start-ups. The findings also highlight the solutions to address challenges faced by start-ups and road to recovery. Practical implications The study has great relevance and lessons for budding entrepreneurs during crisis management. The study has implications for corporations and governments in terms of setting up incubators and accelerators to support budding entrepreneurs. Originality/value The study is unique in highlighting the relevance and importance of TAM for start-ups during crisis management like COVID-19. The study thrusts upon the need of technology acceptance for better crisis management.

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Section: The Current Environment Of Start-ups In Indiasupporting

confidence: 83%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 3 more Smart Citations

Does technology make start-ups resilient amidst COVID-19? A qualitative enquiry

Tiwari

Das

Dubey

et al. 2023

QMR

View full text Add to dashboard Cite

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Introduction to Startup Valuation: From Idea to IPO

Köseoğlu,

Patterson

2023

Contributions to Finance and Accounting

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Navigating the New Frontier: Exploring Emerging Trends and Strategies in Startup Innovation

Madanchian,

Taherdoost

2024

ICST Transactions on Scalable Information Systems

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INTRODUCTION: The contemporary business world is witnessing a proliferation of startups, each striving to carve its niche amidst fierce competition and rapid technological advancements. In this landscape, the ability to innovate and adapt swiftly is paramount for startup survival and growth. This introductory section sets the stage by highlighting the importance of innovation in today's entrepreneurial endeavors. OBJECTIVES: This paper aims to examine the current trends driving startup innovation and explore innovative tactics employed by startups. METHODS: To fulfill the objectives of this study, a comprehensive research methodology was employed. Leveraging techniques derived from social network analysis, qualitative interviews, and extensive literature review, this research endeavors to provide a holistic understanding of the dynamics of startup innovation. By employing a multidisciplinary approach, this study aims to capture the nuanced interplay of factors influencing innovation in the startup ecosystem. RESULTS: Key findings include the prominence of sustainability, remote work integration, and the pivotal role of AI and machine learning in startup strategies. CONCLUSION: This paper concludes by consolidating insights and offering guidance for navigating the dynamic terrain of startup innovation.

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Opportunities and Threats Facing Early-Stage Digital Startups During the COVID-19 Pandemic

Cited by 3 publications

References 27 publications

Does technology make start-ups resilient amidst COVID-19? A qualitative enquiry

Does technology make start-ups resilient amidst COVID-19? A qualitative enquiry

Introduction to Startup Valuation: From Idea to IPO

Navigating the New Frontier: Exploring Emerging Trends and Strategies in Startup Innovation

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