Researching at the Intersection of Innovation, Operations Management, and Entrepreneurship

Shepherd, Dean A.; Patzelt, Holger

doi:10.1007/978-3-319-48701-4_4

Cited by 3 publications

(1 citation statement)

References 222 publications

(218 reference statements)

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“…The measures that were primarily not well represented in most business model frameworks are the standards related to operational feasibility. Shepherd and Patzelt (2017) argued that operations are at the intersection of entrepreneurship, and innovation and operations decisions should be a key consideration in business model design. Business models in emerging economies should leverage this component because start-ups have access to suppliers, cost-effective locations and low-cost manufacturing.…”

Section: Discussion Of Resultsmentioning

confidence: 99%

SECURE – a new business model framework for measuring start-up performance

Arshi

Rao

Islam

et al. 2020

JEEE

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Purpose Existing business model frameworks show weak conceptual unification, a paucity of measurement focus and limitations when applied in emerging economies. The study proposes a new business model framework – “Start-up Evaluation Calculus Using Research Evidence” (SECURE). The purpose of this study is to allow the measurement of the impact of business model design on start-up performance in emerging economies. Design/methodology/approach Data collected from 713 entrepreneurs in select cities of India, Oman and the United Arab Emirates is analyzed through structural equation modeling. The study uses measurement and structural models to examine the validity of measures and additionally tests the five hypothesized relationships proposed in the study. Findings The SECURE’s components comprising desirability, marketability, feasibility, scalability and viability showed validity and reliability. They synergistically demonstrated a statistically significant effect on a mix of financial and non-financial start-up performance outcomes. An alternative structural relationship that examined the impact of SECURE on only financial performance outcomes showed a weaker model fit. The findings indicate that a business model framework is useful when its ex ante measures show a positive causal effect on the desired performance outcomes. Practical implications The scores obtained by the SECURE framework serve as an evaluative tool that informs entrepreneurs and start-ups on the readiness of their proposed, incubated or existing start-ups. Originality/value Replacing subjective judgments with objective assessment criteria, SECURE is one of the first quantitative and performance-driven business model frameworks that contain measures from all functional domains of a start-up business. Start-ups can evaluate their business models against the SECURE model’s research-driven quantitative criteria and assess their impact on start-up performance.

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Section: Discussion Of Resultsmentioning

confidence: 99%

SECURE – a new business model framework for measuring start-up performance

Arshi

Rao

Islam

et al. 2020

JEEE

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Contextualizing founder identity in coworking spaces

Bouncken

Brownell

Gantert

et al. 2022

Journal of Small Business Management

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Firms’ entrepreneurial orientation and the adoption of quality management practices

Bello‐Pintado

Kaufmann

Cerio

2018

IJQRM

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Purpose The purpose of this paper is to investigate the relationship between firms’ entrepreneurial orientations (EOs) and the adoption of quality management (QM) practices. The role of environmental uncertainty as the moderator of the former relationship is considered. Design/methodology/approach Using theories and related empirical evidences, two research hypotheses were argued and proposed. These hypotheses were tested using data collected from a unique sample of 301 Uruguayan and Argentinean manufacturing companies with more than 20 workers assessed through personal interviews. The empirical methodology includes statistic treatment for scale validation, statistic descriptive techniques and regression analysis. Findings Firms’ EO is determinant for the adoption of QM practices. The environmental uncertainty strengthens the positive impact of EO on the adoption of QM practices, mainly human resource management practices. Research limitations/implications The data come from a particular geographical context and refer to manufacturing plants. It would be interesting to extend the scope of this study to services. The collection of data from only one individual in each organization can generate a potential problem with using single-source information. Practical implications Innovative manufacturing companies that try to adopt advanced QM practices will benefit from hiring managers who are able to take risks, and to seek a long-term orientation toward being aggressive with their environment, especially in highly competitive contexts. Mustering these features may ensure perseverance in the adoption of advanced manufacturing practices, even in the presence of complex and uncertain environments. Originality/value The principal contribution of this paper is that it advances the study of the intersection between operations management and entrepreneurship, analyzing how firms’ EO affects the adoption of new methods and practices in manufacturing. Furthermore, it is important to highlight the fact that the authors use data from a unique survey of manufacturing companies from Argentina and Uruguay in the southern cone of Latin America. The authors also contribute to the open debate about the universality of QM practices.

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Researching at the Intersection of Innovation, Operations Management, and Entrepreneurship

Cited by 3 publications

References 222 publications

SECURE – a new business model framework for measuring start-up performance

SECURE – a new business model framework for measuring start-up performance

Contextualizing founder identity in coworking spaces

Firms’ entrepreneurial orientation and the adoption of quality management practices

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