To be born is not enough: the key role of innovative start-ups

Colombelli, Alessandra; Krafft, Jackie; Vivarelli, Marco

doi:10.1007/s11187-016-9716-y

Cited by 149 publications

(97 citation statements)

References 113 publications

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“…A product innovation is actually relevant for matching needs to technology [63], but is considered as risky and having a low probability of survival [64]. Hence, the uncertain phase of market evolution and the expansion of the pioneer firm to the market has a contingent character (between chance and necessity).…”

Section: Discussionmentioning

confidence: 99%

The Emergence of the ERP Software Market between Product Innovation and Market Shaping

Erkut

2018

Journal of Open Innovation: Technology, Market, and Complexity

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Abstract:In this empirical research, the author focuses on the enterprise resource planning (ERP) software market. Based on a contingent perspective of how markets emerge and can be shaped, the author asks the research question of whether the emergence of the ERP market was a necessary, strong, or weak consequence of the product innovation of Systems, Applications & Products in Data Processing (SAP), which was the pioneer innovator in this specific market. This question is answered with a graph theoretical model of contingency and causality in order to measure the causality between events occurring over historical time. In this sense, the research article provides an application of the method proposed by Lehmann-Waffenschmidt. The author finds that the emergence of the ERP software market is contingent and was not predetermined; path dependencies play a big role in the way how this market segment emerged. With respect to both entrepreneurial and economic factors of relevance, the case of the SAP is far from a predetermined success story. The results are relevant for a number of reasons. First, the results indicate that instead of talking about success stories, a new perspective in market shaping can highlight a more realistic way of the contingent nature of entrepreneurial activity and product innovations. Second, the results aim to bridge the gap between marketing and the emergence of markets, as it was indicated as a research gap by recent contributions in marketing science. Third, the introduction of counterfactual events in the business history of SAP indicate a methodological innovation that has not yet been considered by marketing and entrepreneurship scholars, which may be helpful regarding recognizing patterns from the past and also regarding contingent planning for the future.

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Section: Discussionmentioning

confidence: 99%

The Emergence of the ERP Software Market between Product Innovation and Market Shaping

Erkut

2018

Journal of Open Innovation: Technology, Market, and Complexity

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“…Most of the evidence shows a higher propensity to incorporate in developing countries, reflects greater levels of necessity entrepreneurship (Acs et al, 2008b). Therefore, high levels of entrepreneurship per se cannot be equated with dynamic economies (Isenberg and Brown, 2014;Mazzucato, 2014;Colombelli et al, 2016).…”

Section: Entrepreneurial Culturementioning

confidence: 99%

“…Consequently, the view that a focus on start-ups is 'bad public policy' (Shane, 2009) has gained currency, arguing that policy should focus on growthoriented firms instead (Mason and Brown, 2013). Other scholars claim much greater focus should be granted to promoting innovative start-ups rather than the majority of start-ups who engage in 'copycat' entrepreneurship (Colombelli et al, 2016).…”

Section: A Critique Of Emergent Policy Frameworkmentioning

confidence: 99%

Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems

2017

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The concept of entrepreneurial ecosystems has quickly established itself as one of the latest 'fads' in entrepreneurship research. At face value, this kind of systemic approach to entrepreneurship offers a new and distinctive path for scholars and policy makers to help understand and foster growth-oriented entrepreneurship. However, its lack of specification and conceptual limitations has undoubtedly hindered our understanding of these complex organisms. Indeed, the rapid adoption of the concept has tended to overlook the heterogeneous nature of ecosystems. This paper provides a critical review and conceptualisation of the ecosystems concept: it unpacks the dynamics of the concept; outlines its theoretical limitations; measurement approaches and use in policy-making. It sets out a preliminary taxonomy of different archetypal ecosystems. The paper concludes that entrepreneurial ecosystems are a highly variegated, multi-actor and multi-scalar phenomenon, requiring bespoke policy interventions.

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“…Innovative start‐ups, which are new ventures based on the commercialization of science and technology, are important to economic growth, the emergence of new products, services and industries, and wealth creation (Colombelli et al, ; Colombo et al, ; Heirman and Clarysse, ). With innovative start‐ups’ tendency to rely on scientific and technological discoveries, over the last decade, many scientists have shifted their careers from the laboratory to entrepreneurship (Knockaert et al, ).…”

Section: Introductionmentioning

confidence: 99%

How do Scientists Contribute to the Performance of Innovative Start‐ups? An Imprinting Perspective on Open Innovation

Hahn

Minola

Eddleston

2018

J Management Studies

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Our study illustrates how scientists contribute to the performance of innovative start‐ups through an analysis of 211 Italian start‐ups with and without scientist founders. Building upon imprinting theory, we hypothesize and find that scientists provide an advantage to innovative start‐ups to the extent that they stimulate open innovation (i.e., search breadth and depth). However, for this to effectively occur, the involvement of multiple scientist founders is needed, so that their career imprints internalized in the lab are successfully transferred to the start‐up. Moreover, if the start‐up embraces business practices (i.e., strategic planning) or departs from scientific logics (i.e., pursuing non‐commercial goals), scientists’ contribution is further increased. Therefore, our study illustrates how the scientist career imprint can provide an advantage to innovative start‐ups with multiple scientists, but also how it can act as a rigidity if the start‐up does not pursue strategic planning or emphasizes non‐commercial goals.

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To be born is not enough: the key role of innovative start-ups

Cited by 149 publications

References 113 publications

The Emergence of the ERP Software Market between Product Innovation and Market Shaping

The Emergence of the ERP Software Market between Product Innovation and Market Shaping

Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems

How do Scientists Contribute to the Performance of Innovative Start‐ups? An Imprinting Perspective on Open Innovation

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