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Blum, Daniel. "New Venture Management - Ansatzpunkte und Vorgehensweisen." [S.l. : s.n.], 2004. http://www.bsz-bw.de/cgi-bin/xvms.cgi?SWB10976067.
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Wilson, William Gilmore. "New venture performance in the 1970s." Thesis, University of Strathclyde, 1988. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.314670.
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Miller, David S. (David Seth). "New venture commercialization of clean energy technologies." Thesis, Massachusetts Institute of Technology, 2007. http://hdl.handle.net/1721.1/39333.
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Thesis (Ph. D.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology, Management, and Policy Program, 2007.<br>"June 2007."<br>Includes bibliographical references (p. 245-250).<br>Clean energy technologies lower harmful emissions associated with the generation and use of power (e.g. CO2) and many of these technologies have been shown to be cost effective and to provide significant benefits to adopters. Examples of clean energy technologies include renewable and/or efficient distributed generation (e.g. solar, wind, geothermal, fuel cells, cogeneration); energy efficiency technologies; intelligent energy management; efficient energy storage; green building technologies; biofuels; and ancillary products and services that reduce emissions associated with power generation, transmission and distribution. This thesis examines why new ventures founded to commercialize these technologies have failed to achieve widespread adoption. Based on interviews with clean energy entrepreneurs and other stakeholders and on case studies of clean energy technology ventures, a new venture simulation model was developed that models the cash flow, labor force, market, competition, and product development for a prototypical clean energy technology venture. When the model is parameterized to correspond to a venture that starts with superior technology at an attractive price its behavior corresponds to the experience of many of the companies interviewed.<br>(cont.) The modeled venture takes many years to achieve profitability due to long sales cycles, limits to market growth, and the time needed to gain experience producing and selling its products, and therefore has a high probability of failure. Analysis of the model results in a set of guidelines for what these ventures, investors, and policy makers should do to increase their odds of success. The venture is better off starting with more sales and marketing personnel and expertise rather than engineers, and should develop no more product features than are necessary to sell the product. The venture should forego recurring revenue and instead receive payments up front whenever possible. A single initial equity investment in the venture is considerably more valuable than a series of investments. Government policies that raise the cost of carbon emissions; reduce barriers and increase incentives for adoption of clean energy technologies; and subsidize the development of these technologies can greatly increase the growth of these ventures and the odds of success.<br>by David S. Miller.<br>Ph.D.
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Qureshi, Attia. "Kalani : product development and leadership in a new venture." Thesis, Massachusetts Institute of Technology, 2018. http://hdl.handle.net/1721.1/118527.
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Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, System Design and Management Program, 2018.<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (page 76).<br>The development of a start-up creating physical products follows a different path than those working in the digital space. The process of creation requires multiple steps, with many disparate people involved in those steps. Kalani was created to work with artisans to promote their disappearing crafts, thus supporting their economies and providing an opportunity for the continuation of the craft. The first product was to create blankets in Portugal, with artisans in a village in Serra de Estrela. The blankets are ultrafine merino wool, with fabric manipulation done by hand that are techniques unique to the artisans. The thesis aims to provide an overview of the process for physical product development, and the way in which leadership as the CEO of an international startup functions. Creating a physical product requires many iterations in concept development before actual product development is launched. Managing both product development and working with artisans in a different country and culture provided many challenges and rewards. The thesis aims to prove that products can be made that meet the demands of the luxury market, while maintaining high social and ethical standards.<br>by Attia Qureshi.<br>S.M. in Engineering and Management
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Vilaregut, Comellas Ana. "The Management of Social Capital in New Ventures." St. Gallen, 2009. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/07605009001/$FILE/07605009001.pdf.
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Pries, Fred. "Distinguishing successful from unsuccessful venture capital investments in technology-based new ventures: How investment decision criteria relate to deal performance." Thesis, University of Waterloo, 2001. http://hdl.handle.net/10012/821.
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This study investigates variability in the importance of investment decision criteria used by venture capitalists in assessing new technology-based ventures and relates the criteria to the subsequent performance of the investment in the new venture. Variability was measured using interval and ordinal scale approaches for both criteria ratings and rankings. The analyses found that the criteria used by venture capitalists form a general hierarchy that is consistently ranked across ventures. However, there are some criteria that do not form part of this hierarchy and whose importance varies depending on the specific venture being evaluated. The criteria that are consistently considered important by venture capitalists can be thought of as necessary conditions for investment. The hypotheses concerning the relationship between the criteria and subsequent deal performance are that:· deal performance can be assessed by venture capitalists earlier for Internet-related ventures than for other-technology based ventures (H1);· Internet-related ventures have more extreme levels of deal performance (H2);· a small number of criteria will distinguish between successful and unsuccessful deal performance (H3);· criteria that do distinguish have above average variability (H4); and· criteria related to first-mover advantage distinguish between successful and unsuccessful deals (H5). The study was conducted in two parts. The original study (n=100) conducted by Bachher (2000) gathered information about the importance of the investment criteria using a web-based survey. The follow-up study (n=40) gathered information about the success of the investments by surveying the original participants and gathering information from the Internet. Limitations of the study include a nonrandom sample, a small sample size for the follow-up survey and the very small number (n=5) of unsuccessful investments identified. Evidence for hypotheses H1 and H2 was in the predicted direction but failed to achieve statistical significance. The evidence is supportive of H3. Evidence for H4 and H5 was not found. Additional analysis of the results suggests that venture capitalists whose investments were ultimately unsuccessful placed less importance on technology-related criteria than did venture capitalists investing in the other ventures. This finding implies that venture capitalists need to perform detailed assessments of the technology of new ventures.
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Li, Juan, and Jan Tony Abrahamsson. "New money, new problems : A qualitative study of the conflicts between venture capitalists and entrepreneurs in Sweden." Thesis, Umeå universitet, Handelshögskolan vid Umeå universitet (USBE), 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-45170.
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New ventures started by entrepreneurs need access to the right amount of financial resourcesin order to grow and expand businesses. Venture capital financing and partnerships withventure capital firms is a common route for entrepreneurial companies to acquire the neededfinancing for growing the venture, which in turn benefits a country’s economy as a whole.The partnership between the venture capital firm and the entrepreneur may involve conflicts,due to different goals and objectives towards the business, difference in management stylesand personal background as well as task and contextual conflicts, to mention some examples.We discovered a knowledge gap regarding conflicts between venture capital firms andentrepreneurs in Sweden and hence our aim with this study is to provide an answer on howventure capital firms and entrepreneurs are dealing with these potential conflicts in Sweden.To find out the answer, we reviewed selected and relevant literature on the subject andadapted a theoretical framework, based on existing literature. In terms of methodologicalapproach, we chose to be constructionists by following the abductive approach, in order toeffectively answer our research question and be able to add and complement our theoreticalframework, based on our empirical findings.Our empirical findings consists of four valuable interviews with venture capital firmmanagers and another four interviews with entrepreneurial CEOs and/or company founders,to get the view of both parties involved in venture capital partnerships. Based on ourempirical findings, our main conclusion is that the venture capital partnership often suffersfrom lacking communication from either or both parties, which could start or worsen theconflicts. Many of these problems are also derived by the vastly different backgrounds ofventure capital firm managers compared to entrepreneurs.Additionally, our study notes a tendency for less patience for conflicts among venture capitalfirms compared to entrepreneurs, as venture capital firms are willing to replace the currentCEO or make an early exit the venture or even liquidate its shares, if they deem problems assevere. On the other hand, entrepreneurs want to keep the dialogue going and seem to havemore patience. To mitigate the conflicts in the venture capital partnership, based on ourfindings, we propose that venture capital firms should hire managers or consultants with amore technical background when evaluating and working with certain entrepreneurs.Furthermore, venture capital firms may need to be more dynamic in terms of their controlmeasurements as opposed to being overly static on a long-term business plan which may getoutdated or lose relevancy.Entrepreneurs, nonetheless, need training and support in many cases, to understand how tocommunicate in business contexts and write business plans in order to facilitate thecollaboration with their venture capitalists.
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Ostgaard, Tone A. "New venture growth : an analysis of personal networks and firm competitive strategy." Thesis, Imperial College London, 1992. http://hdl.handle.net/10044/1/7458.
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Centeno, Burbano Carlos Julio, and Zapata Juan Camilo Arbeláez. "A Descriptive Study of Portfolio Management within the Context of New Venture Projects : A New Insight for Business Incubators and Venture Capital Firms in Sweden." Thesis, Umeå universitet, Handelshögskolan vid Umeå universitet, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-39879.
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New Ventures projects emerge in response to the growing need of countries to develop and grow economically in an environment characterized by rapid changes. The importance of these projects is such that during the last decades they have played a role not only as drivers of the economy but also as sources of new jobs and innovation (Chen, 2009). Due to this importance, there have been multiple studies related to the efficient management of such projects. However, it is not sufficient for these projects to be managed properly, but the presence of limited resources makes necessary to select, prioritize and control these projects strategically within a portfolio. This strategic management can be carried out by using the theory developed in Project Portfolio Management (PPM). The importance of PPM is the ability to integrate the world of projects with the operation of organizations, helping to minimize failures such as making unnecessary effort to undertake these projects in an appropriate manner when in fact these are not the right projects. However, there is a lack of knowledge in the application of PPM theory for New Ventures projects, because their characteristics differ from those of any other type of projects in terms of high level of risk and, in many cases, high technical uncertainty (Mac Millan & Gunther, 2000). This knowledge gap can be minimized using two different approaches. The first one consists in employing the theory developed by PPM in R&D projects, applying it for New Venture projects, as suggested by Mac Millan & Gunther (2000). The second approach corresponds to using the theory developed around the management of projects within Business Incubators (BIs) and Venture Capital firms (VC) in every stage of the PPM process. This study describes how BIs and VCs in Sweden manage their New Venture projects portfolios in issues such as selection, prioritization and monitoring and control. To achieve an adequate depiction of this process, the study seeks primarily to identify the role of BIs and VCs in the PPM and the proper relationship that should exist between both organizations to ensure an ideal flow of projects at each stage of their development. In addition, it also seeks to find whether tools outlined in the literature are often used in practice. Among the main findings of the study, the major contribution of the BIs is mainly in the feasibility analysis of projects and the support they give in their development, while VC firms are usually more focused on the selection, prioritization and monitoring and control of their portfolios. In practice there have been shortcomings in the transition of New Venture projects between BIs and VCs. These can be solved by creating a single organization that integrates the entire process of PPM between BIs and VCs, or other alternative is for VCs to start investing mainly in early stage projects. Another important finding corresponds to the use of the expertise of BIs and VCs members as the most important tool when making strategic decisions. And although there is general satisfaction with the success of these projects in Sweden, some authors have argued that this industry is not totally mature. Therefore, this study suggests using some tools, proposed in a conceptual model, developed to achieve the maturity that New Venture projects industry requires.
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Yu, Jifeng. "Network Effects on New Venture Internationalization: A Network-Knowledge Framework." restricted, 2006. http://etd.gsu.edu/theses/available/etd-07282006-110615/.
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Thesis (Ph. D.)--Georgia State University, 2006.<br>1 electronic text (111 p. : ill. (some col.)) : digital, PDF file. Title from title screen. Dr. Ben Oviatt, committee chair; Brett Anitra Gilbert, Detmar W. Straub, William C. Bogner, committee members. Description based on contents viewed Mar. 28, 2007. Includes bibliographical references (p. 101-111).
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Ladd, Edward (Ted). "Routines of New Venture Conceptualization: Evidence and Extension of an Entrepreneurial Dynamic Capability." Case Western Reserve University School of Graduate Studies / OhioLINK, 2015. http://rave.ohiolink.edu/etdc/view?acc_num=case1453393927.
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Coppey, Louis. "From value-added VCs to equity crowdfunding syndicates : the new platforms of the venture capital industry." Thesis, Massachusetts Institute of Technology, 2016. http://hdl.handle.net/1721.1/104539.
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Thesis: S.M. in Management Studies, Massachusetts Institute of Technology, Sloan School of Management, 2016.<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (pages ix-xv).<br>"If you look at the venture business, for an industry that funds innovation - it really doesn't have that much", declared Josh Kopelman, founding partner at First Round Capital, in 2013. Notwithstanding, observing the industry in the last decade, one can identify at least two evolutions. First, a new generation of VC firms, to which First Round Capital belongs, has emerged and is reinventing VC firms' traditional organization to offer additional services beyond investment capital and their partners' time. Second, equity crowdfunding, spearheaded by equity crowdfunding syndicates, now allows entrepreneurs to raise funds entirely online and has become an interesting alternative to traditional venture capital. This paper's first objective is to describe and evaluate the strategies embraced by these new types of value-added VC firms. The second objective is to review online syndicates' characteristics and their evolution since their inception 3 years ago. I first consider whether they can become credible competitors of VC firms and end with a few predictions regarding the space equity crowdfunding syndicates are likely to occupy. I show that the new emphasis placed on VC firms' value added services has empowered new entrants in the VC market, enabling them to break into the concentrated circle of the very few VC firms actually earning significant returns. Beyond the objective of improving their portfolio companies' operating performance, I show that VC firms embrace this strategy in order to 1) increase the size of their inbound deal flow, 2) improve the firm's brand and 3) provide General Partners with additional arguments to close competitive deals. In a second part, I argue that online syndicates could increasingly embrace the key success factors shared among successful venture capital firms. However, their lack of reputation may undermine their performance in the next venture capital cycle. I conclude that equity crowdfunding syndicates are primarily an interesting addition to the traditional early-stage industry, rather than a substitute for traditional VC firms. Lastly, I show how VC investors can take advantage of online syndicates to increase their firms' competitiveness.<br>by Louis Coppey.<br>S.M. in Management Studies
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Maestro, B. M. Marcello. "Polychronicity in top management teams : implications for group processes, strategic decision making & new venture performance." Thesis, Imperial College London, 2009. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.522837.
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Coleman, William James. "The development and practical implementation of a project management model for enhancing new venture creation success." Thesis, Bloemfontein: University of Technology, Free State, 2014. http://hdl.handle.net/11462/238.
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Thesis (M. Tech. (Business Admin.)) - Central University of Technology, Free State, 2014<br>Research by the Global Entrepreneurship Monitor (GEM) continuously indicate that new venture creation success rate in South Africa is disturbingly low. This situation arises despite numerous support mechanisms in place to encourage citizens to establish their own businesses. This is an indication that current approaches to encourage new venture creation are not working. New approaches must therefore be found.
The goal of this study was to combine the processes of project management and entrepreneurship, two seemingly diametrically opposed management philosophies into an integrated process model that will contribute to enhancing the new venture creation process. So, at the heart of this study is the wish to assist prospective entrepreneurs in their new venture creation journey.
To achieve this objective, action research design, an emerging approach to qualitative research was adopted. Specifically, the canonical action research was used. Holistically, the study can be described as applied, cross-sectional, descriptive and exploratory in nature.
Through a series of iterative canonical action research cycles, a model was developed. The results suggest that despite their seemingly diametrically opposed management philosophies, an integrated project management model for new venture creation is achievable.
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Jiang, Guohua. "The determinants and performance of international new ventures: three studies." Diss., Temple University Libraries, 2013. http://cdm16002.contentdm.oclc.org/cdm/ref/collection/p245801coll10/id/216547.
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Business Administration/International Business Administration<br>Ph.D.<br>New venture internationalization differs from that of large established firms and is an important research inquiry for international entrepreneurship. In the past 30 years, studies on new venture internationalization have proliferated but with fragmented nature. The first study reviews extant studies regarding conceptual and methodological developments of international new ventures (INVs) through content analysis of 74 influential works. Particularly, this study focuses on the determinants and performance of INVs at the entrepreneur, firm, and environment levels. We then identify significant gaps within this stream of research and suggest future research directions. The second study explores the effect of founding team ethnic composition on a new venture's internationalization strategic choice and then examines the consequent performance implications of INV strategy. A new venture with an ethnically diversified founding team could leverage international experience and network of each of its founders, thereby influencing its recognition of opportunities and access to resources to pursue internationalization strategy. Analyzing longitudinal data of 4,928 new ventures in Kauffman Firm Survey, our empirical results suggest that more immigrant entrepreneurs in a new venture's founding team are more likely to pursue INV strategy while more US citizen entrepreneurs in a founding team will pursue domestic new venture (DNV) strategy. Furthermore, an INV has higher revenues than a DNV but there is no difference in profits between them. The findings suggest that early internationalization is critical to immigrant-started new ventures through revenue growth. The third study explores the survival of ethnic new ventures, particularly testing the roles of INV and ethnic entrepreneurs' immigration status. New ventures are more likely to fail in early years of formation as they face liability of newness and smallness. We found that ethnic new ventures overall have a lower likelihood of survival compared with non-ethnic new ventures. But, ethnic new ventures could increase survival through INV strategy and immigration status. After ethnic entrepreneurs' naturalization, ethnic new ventures could achieve legitimacy, seeking further social capital in host country. Meanwhile, INV strategy could compensate for ethnic new venture's liability of ethnicity in host country. By incorporating diaspora and ethnic entrepreneurship literature, my dissertation focuses on the role of immigrants on early internationalization strategy and the effect of such strategy on performance and survival of their started new ventures, further advancing the understanding of international entrepreneurship.<br>Temple University--Theses
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Buchberger, Alexander [Verfasser], Dietmar [Gutachter] Grichnik, and Christian [Gutachter] Koziol. "New venture cost of equity and risk models : a theoretical analysis / Alexander Buchberger. Gutachter: Dietmar Grichnik ; Christian Koziol." Vallendar : WHU - Otto Beisheim School of Management, 2016. http://d-nb.info/1113537485/34.
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Buchberger, Alexander Verfasser], Dietmar [Gutachter] [Grichnik, and Christian [Gutachter] Koziol. "New venture cost of equity and risk models : a theoretical analysis / Alexander Buchberger. Gutachter: Dietmar Grichnik ; Christian Koziol." Vallendar : WHU - Otto Beisheim School of Management, 2016. http://nbn-resolving.de/urn:nbn:de:hbz:992-opus4-1489.
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McGrady, Stephen E. "Feasibility analysis of a new business venture--Medimatch, an electronic job information marketplace for health care professionals." Thesis, Massachusetts Institute of Technology, 1993. http://hdl.handle.net/1721.1/12384.
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Fernhaber, Stephanie A. "International knowledge, reputation and new venture internationalization the impact of intangible resources attained through internal and external sources /." [Bloomington, Ind.] : Indiana University, 2006. http://gateway.proquest.com/openurl?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:dissertation&res_dat=xri:pqdiss&rft_dat=xri:pqdiss:3215223.
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Thesis (Ph.D.)--Indiana University, Kelley School of Business, 2006.<br>Source: Dissertation Abstracts International, Volume: 67-04, Section: A, page: 1427. Adviser: Patricia P. McDougall. "Title from dissertation home page (viewed June 19, 2007)."
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Kiss, Andreea. "Opportunistic Adaptation and New Venture Growth: Exploring the Link between Cognition, Action and Growth." Digital Archive @ GSU, 2010. http://digitalarchive.gsu.edu/managerialsci_diss/20.
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This dissertation introduces the model of opportunistic adaptation to explain new venture growth. In established firms processes of change and adaptation usually imply a transition from one steady-state strategy to another and a problem oriented perspective as firms change in response to potential threats to their current positions. However, in the context of new ventures, adaptation is less about moving from one existent strategy to another and more about the entrepreneur’s effort to reach a steady state for the first time by continuously experimenting and combining resources in creative and innovative ways. The model of opportunistic adaptation rests on three key assumptions: 1.) new venture growth results from actions grounded in an opportunistic (proactive) logic; 2.) entrepreneurial cognition is viewed as an antecedent to all organizational actions leading to growth; 3.) the relationship between entrepreneurial cognition and action is influenced by industry and firm level attributes. The model is tested using quantitative and qualitative data on new ventures founded between 1996 and 2006 in technology intensive industries. The results provide partial support for the notion of opportunistic adaptation as a process in which entrepreneurial cognition, firm and industry related factors are closely intertwined. The results of the dissertation suggest that some aspects of entrepreneurial cognition, such as entrepreneurial schema focus have a more direct effect on actions related to new venture growth than others whose effect is strongly moderated by contextual influences such as industry growth and social network heterogeneity. This dissertation also finds that not all types of organizational actions associated with an opportunity logic lead to new venture growth. Of the three action types included in the model (fast, diverse and frequent) only action diversity was found to have a positive impact on new venture growth. Theoretical implications of the study results for both the literature on new venture growth and the literature on organizational adaptation, as well as practical implications are discussed.
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Schneck, Benjamin [Verfasser], Holger [Akademischer Betreuer] Patzelt, and Nicola [Akademischer Betreuer] Breugst. "The impact of post-entry speed on International New Venture performance / Benjamin Schneck. Gutachter: Holger Patzelt ; Nicola Breugst. Betreuer: Holger Patzelt." München : Universitätsbibliothek der TU München, 2015. http://d-nb.info/1074999444/34.
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Naulin, Tamara [Verfasser], Eva [Gutachter] Lutz, and Stefan [Gutachter] Süß. "New Venture Financing and Business Support: Three Papers on Accelerators’ Impact on Startups’ Development / Tamara Naulin ; Gutachter: Eva Lutz, Stefan Süß." Düsseldorf : Universitäts- und Landesbibliothek der Heinrich-Heine-Universität Düsseldorf, 2021. http://d-nb.info/1227706812/34.
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Aktalay, Banu. "Intellectual Property Management Strategy In New Technology-based Start-up Companies." Master's thesis, METU, 2004. http://etd.lib.metu.edu.tr/upload/12605598/index.pdf.
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To draw up an intellectual property management strategy is one of the most important tasks to do when starting up technology-based companies, which play a very important role in the knowledge-based economies. IP management due to protection must be regarded as a strategic asset aimed at improving the competitive advantages, increasing the revenue of a technology-based start up company and encouraging to continue to develop new technologies, by securing a technological platform for a future development, preventing competitors from gaining access to emerging markets, creating retaliatory power against competitors and preventing innovative products from being plagiarized.
Through this study the aim is forming a guide including why and how an IP management strategy develop and implement to a new technology-based start up company. Beside these it is proved that from the properties that characterize the start-up configuration of a high-tech firm there can be derived three organizational archetypes of firms each of which requires different IP management strategies.
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Reddy, K. Hari. "Analysis of vested third party influences on new venture organizational and architectural norms in the commercialization of disruptive technologies." Thesis, Massachusetts Institute of Technology, 2001. http://hdl.handle.net/1721.1/91727.
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Van, Deventer Albertus Gert. "Factors influencing venture capitalist's project financing decisions in South Africa." Thesis, Stellenbosch : Stellenbosch University, 2008. http://hdl.handle.net/10019.1/795.
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Thesis (MBA (Business Management))--Stellenbosch University, 2008.<br>ENGLISH ABSTRACT: Venture capital is a major source of funding for the entrepreneurial community and usually focuses on the early stage, more risk orientated business endeavours. This study explores and identifies the investment criteria used by South African venture capitalists in their venture screening and evaluation process and compares these criteria with the results obtained in similar studies abroad. By identifying the criteria that are deemed as important, venture capitalists can enhance their decision-making process and entrepreneurs can adjust their preparation for venture capital application to maximise their success rate. By alerting entrepreneurs of these criteria, some potentially flawed proposals can be corrected beforehand, hence enhancing the venture capital process for both the venture capitalist and the entrepreneur. By making use of a questionnaire, data was gathered from a population of 16 identified South African venture capitalists, of which 75% replied. The most important criteria was identified by evaluating the mean ratings assigned to them and was found to be, the entrepreneurs honesty and integrity, a good expected market acceptance and a high IRR. The data was further analysed using the Friedman two-way analysis of variance (ANOVA) by ranks test, the Sign test and factor analysis. It was found that the South African venture capitalists, just like their overseas counterparts, rate the entrepreneur and management team, as the most important category of criteria when evaluating new projects for investment. In addition, two lists of factors were identified by using factor analysis to reduce the criteria obtained from the questionnaire.<br>AFRIKAANSE OPSOMMING: Waagkapitaal is een van die belangrikste bronne van befondsing waarvan entrepreneurs gebruik kan maak. Dit fokus hoofsaaklik op besighede in 'n vroeë besigheid lewensiklus, waar hoër risiko aan die orde van die dag is. Hierdie studie identifiseer en analiseer die beleggings maatstawwe wat gebruik word vir waagkapitaal belegging besluitneming in Suid-Afrika en vergelyk die resultate met soortgelyke studies wat reeds in die buiteland uitgevoer is. Die besluitnemingsproses vir die waagkapitalis kan ook vergemaklik word deur die identifisering van die mees belangrikste maatstawwe en terselfdertyd kan entrepreneurs dit ook gebruik vir beter voorbereiding in hul aansoek om waagkapitaal. Deur entrepreneurs se aandag op die belangrike faktore te vestig kan potensiële swak voorleggings vroegtydig gekorrigeer word, wat 'n positiewe bydrae sal lewer tot die beleggingsproses vir beide die waagkapitalis en die entrepreneur.
Daar is gebruik gemaak van 'n vraelys wat gestuur is aan 16 Suid-Afrikaanse waagkapitaal beleggers, 75% het die vraelys voltooi. Deur vergelyking van die gemiddelde waardes is vasgestel dat die belangrikste maatstawwe die entrepreneur se eerlikheid en integriteit, goeie verwagte aanvaarding en aanvraag na die produk en 'n hoë “IRR” is, daarna is die data geanaliseer deur middel van die “Friedman two-way analysis of variance (ANOVA) by ranks test”, die ”Sign test” en “factor analysis”. Daar is bevind dat die Suid-Afrikaanse waagkapitalis net soos sy oorsese eweknie, die entrepreneur en bestuurspan as die mees belangrikste afdeling van maatstawwe ag wanneer gekyk word na nuwe projekte vir beleggings. Daar is ook twee addisionele lyste van belangrike maatstawwe opgestel deur die aantal faktore te verminder deur faktor analise.
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Giat, Yahel. "Venture capital financing with staged investment, agency conflicts and asymmetric beliefs." Diss., Available online, Georgia Institute of Technology, 2005, 2005. http://etd.gatech.edu/theses/available/etd-11232005-145909/.
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Thesis (Ph. D.)--Industrial and Systems Engineering, Georgia Institute of Technology, 2006.<br>Hackman, Steve, Committee Chair ; Tovey, Craig, Committee Member ; Platzman, Loren, Committee Member ; Deng, Shijie, Committee Member ; Subramanian, Ajay, Committee Co-Chair.
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Roskos, Stefan. "The influence of entrepreneurial and market orientation on the degree of innovation and success of new ventures in technology-oriented industries." Lohmar Köln Eul, 2004. http://deposit.ddb.de/cgi-bin/dokserv?id=2603615&prov=M&dok_var=1&dok_ext=htm.
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Bernlochner, Florian [Verfasser], Holger [Akademischer Betreuer] Patzelt, and Ann-Kristin [Akademischer Betreuer] Achleitner. "Success factors for new venture teams : The consequences of trust within entrepreneurial teams / Florian Bernlochner. Gutachter: Holger Patzelt ; Ann-Kristin Achleitner. Betreuer: Holger Patzelt." München : Universitätsbibliothek der TU München, 2014. http://d-nb.info/1054753326/34.
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Hsieh, Ying-Che. "The development of human resource management in entrepreneurial firms : based on the experiences of venture capital supported companies in Beijing's information transmission, computer services and software industry." Thesis, University of Cambridge, 2013. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.607794.
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Cadle, Schalk Willem. "The importance of knowledge and skills transfer in the private equity, venture capital and angel investing process." Thesis, Stellenbosch : University of Stellenbosch, 2009. http://hdl.handle.net/10019.1/1786.
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Thesis (MComm (Business Management))--University of Stellenbosch, 2009.<br>ENGLISH ABSTRACT:
For any country, including South Africa, new business development is critical for the
sustained growth and development of the economy. In this study the impact of the
transfer of knowledge and skills by the investor to the investee and the impact on the
success of private equity, venture capital and angel investments, new business
development in South Africa and internationally is researched.
A literature study is firstly conducted to determine, from literature, the importance of the
transfer of knowledge and skills by the investor to the investee of a new venture. The
results from recent research conducted in the United States of America and Europe is also
included to determine current global development tendencies. The research highlighted
factors, other than merely having a good business idea, which determines the success of a
new venture.
The global research clearly demonstrates that the active involvement of the angel
investors, venture capitalists and private equity investors in new ventures, through the
transfer of knowledge and skills, determines the success of the investment in new
business development.
The survey that was done in the South African venture capital environment seems to
support this outcome although the South African market sector is in the early stages of
development and focuses mainly on private equity and not so much new business
development.<br>AFRIKAANSE OPSOMMING:
Nuwe besigheidsontwikkeling is krities vir enige land, ingeslote Suid Afrika, om
deurlopende en volhoubare groei en ontwikkeling van die land se ekonomie te verseker.
Hierdie studie het die impak van die oordrag van kennis en vaardighede op die sukses
van privatekapitaal- , waagkapitaal- (alternatiewelik – nuwebesigheidsbeleggings) en
engelbeleggings in nuwebesigheidsbeleggings vir Suid Afrika en Internationaal,
nagevors.
‘n Literatuurstudie om die belangrikeid van die oordrag van kennis en vaardighede, van
die belegger na die nuwe besighede, in die gemelde belggingsprosesse vir
nuwebesigheidsbeleggings te bepaal, is eerstens gedoen. Die uitkoms van navorsings wat
onlangs in die Verenigde State van Amerika en Europa gedoen is, is ook ingesluit om die
huidige internationale ontwikkelingstendense rakende nuwebesigheidsbeleggings te
bepaal. Die navorsing het die klem geplaas op ander belangrike faktore anders as slegs ’n
goeie besigheidsidee, wat die sukses van ‘n nuwe besigheid bepaal.
Die internasionale navorsing het duidelik aangedui dat die aktiewe betrokkenheid van
beleggers, engel-, waagkapitaal en privatebeleggers, deur die oordrag van kennis en
vaardigheid aan die nuwe besigheid, die sukses van die nuwe besigheid en dus die
belegging bepaal.
Die opname wat in Suid Afrika gedoen is, ondersteun hierdie internasionale bevinding
alhoewel die Suid Afrikaanse nuwebesigheidsbeleggings sektor in die vroeë stadium van
ontwikkeling is en daar hoofsaaklik gekonsentreer word op privatekapitaalbeleggings,
“private equity investments”, terwyl die werklike nuwebesigheidsbeleggings nie soveel
aandag geniet nie.
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Sloves, Alexandra N. "The Impact of Geographic Proximity to Silicon Valley on the Success of New Ventures." Scholarship @ Claremont, 2013. http://scholarship.claremont.edu/cmc_theses/795.
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This paper seeks to understand the role of proximity to Silicon Valley and the Silicon Valley network effect on venture success. Despite the wealth of literature on the role and importance of geographic proximity in the venture capital process, no studies have specifically examined the impact of geographic proximity to Silicon Valley on venture success. I build my study on existing literature but deviate from past research in the following ways: first, I narrow the research question to the relationship between geographic proximity to Silicon Valley and successful exit; second, I consider success from the perspective of the venture rather than the venture-backing firm; third, I employ a logistical model as well as a linear probability model; fourth I control for endogeneity by isolating first rounds; lastly, I exclude syndicated deals, focusing on 1:1 venture-backing firm-to-venture deals. I use VenureXpert data for Silicon Valley-backed firms located both in and outside Silicon Valley to test hypotheses regarding geographic proximity. The results are significant and suggest that venture location in Silicon Valley is associated with greater venture success. Based on the results, it is clear that the impact of the Silicon Valley network effect is statistically meaningful and should encourage ventures to continue to strategically locate themselves in Silicon Valley.
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Liebl, Andreas [Verfasser], Holger [Akademischer Betreuer] [Gutachter] Patzelt, and Lars [Gutachter] Schweizer. "Formation of new venture organizational identity : A longitudinal examination of the impact of external and internal feedback / Andreas Liebl. Betreuer: Holger Patzelt. Gutachter: Holger Patzelt ; Lars Schweizer." München : Universitätsbibliothek der TU München, 2016. http://d-nb.info/1108766889/34.
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Liebl, Andreas Johannes [Verfasser], Holger [Akademischer Betreuer] [Gutachter] Patzelt, and Lars [Gutachter] Schweizer. "Formation of new venture organizational identity : A longitudinal examination of the impact of external and internal feedback / Andreas Liebl. Betreuer: Holger Patzelt. Gutachter: Holger Patzelt ; Lars Schweizer." München : Universitätsbibliothek der TU München, 2016. http://d-nb.info/1108766889/34.
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Carriere, Brian. "Public Policies Enabling Social Impact Investment Funds: Tax-Credits and Cash Transfers." Thesis, Université d'Ottawa / University of Ottawa, 2019. http://hdl.handle.net/10393/38791.
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Over the past decade, Social Impact Investing (SII) has garnered increasing attention among public policy makers as a solution for multigenerational, complex, intractable social and environmental problems, or as some advocates like to say, ‘wicked’ problems. The growing interest in SII aligns with the expansion, since the 1980s, of a set of public sector reforms that make use of new public policy instruments to achieve public objectives. Neoliberal economists and New Public Management (NPM) theorists have long argued for these reforms to improve the effectiveness and efficiency of government bureaucracies. These reforms have led to a paradigm shift that Lester M. Salamon has labeled ‘New Governance’, characterized by public policies that make use of market mechanisms, partnerships with new actors, networks and flexible rules. Public administration scholars have suggested focusing on public policy instruments instead of the traditional focus on programs and institutions to gain an understanding of the dynamics of the ‘New Governance’ paradigm and to address important questions that go beyond the dimensions of effectiveness and efficiency. This dissertation draws on Lester M. Salamon’s framework for analyzing public policy instruments combined with a conceptual framework developed by the Organization for Economic Development and Cooperation (OECD). The thesis uses this framework to assess the SII market by examining three cases of Canadian federal public policy instruments designed and implemented to achieve socio-economic objectives. These policy instruments provide either a cash transfer or a tax incentive to create investment funds mandated to invest with a purpose of making a return and achieving a positive social outcome. The dissertation employs a qualitative research approach and case study method to explore questions of equity and effectiveness to produce findings and recommendations useful to pubic administration scholars who focus their research on public policy instruments and to public policy makers who are considering policy options for structuring and growing the SII market. Data was collected through an extensive document review and 19 semistructured interviews. A dimensional analysis, SII analysis and discourse analysis of the data were undertaken. The researcher made the choice of undertaking a discourse analysis in order to fill a gap in the public policy instrument literature and inform the debate on SII. This dissertation contributes to the body of knowledge on public policy instruments and SII by presenting the results of a comparative analysis of three public policy instruments that created investment funds mandated to produce socio-economic outcomes.
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Jacobson, Kenneth P. (Kenneth Phillip) 1963, and Charles A. 1964 Myers. "New business creation : internal ventures or spinoffs?" Thesis, Massachusetts Institute of Technology, 1998. http://hdl.handle.net/1721.1/10005.
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Thesis (S.M.M.O.T.)--Massachusetts Institute of Technology, Sloan School of Management, Management of Technology Program, 1998.<br>Includes bibliographical references (leaves 86-89).<br>by Kenneth P. Jacobson and Charles A. Myers.<br>S.M.M.O.T.
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Kallias, Konstantinos. "Political connections of new business ventures." Thesis, University of Sussex, 2016. http://sro.sussex.ac.uk/id/eprint/61505/.
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The perceived capability of corporate organizations to influence politics, although fueling an ongoing public debate, features in literature as a source of probable benefits. According to the majority of the pertinent studies, these benefits, more often than not, materialize with important value-adding implications. In the U.S. context, whereby political money contributions constitute the prevalent way of establishing connections, this can result in a hefty return on a firm's political investment. Our research posits that if political connections formed via monetary donations elevate the donor to a higher status, this should reflect in circumstances whereby a firm needs to assert its quality to other economic agents. This is the case for firms that are plagued by the market newness liability. Whether as a form of insurance from tail risk or entitlement to economic rents, proximity to politics offers legitimacy and a compelling way of introducing a new venture to the marketplace. To prove this conjecture, we mainly draw from IPOs for representing a setting of acute uncertainty. Our findings confirm that both lobbying and PAC (Political Action Committee) expenditure pays off on listing day as donors incur less underpricing; an effect which can be amplified with contribution size and strategic targeting of recipients. Donor IPOs also experience negative offer price revisions and lower aftermarket volatility. Collectively, these results offer new empirical grounding to uncertainty and signaling theories. Subsequently, we frame IPO pricing as an efficiency problem for prospective issuers and develop an approach of general application in finance, where relationships of influence are suspected. Rather than imposing a regression-based framework, we allow relationships to manifest themselves in a data-driven manner. Our analysis reveals nonlinearities between IPO pricing efficiency and the two contribution avenues (justifying the fully nonparametric treatment). We are able to uncover relationships separately according to business sector, which we interpret in terms of varied competitive environments. Broadening up our scope prior to and after the IPO event, we document that connected firms are associated with a longer time to venture or other equity capital financing, attesting to a greater financial autonomy. Additionally, they attain larger market shares and have a superior likelihood of survival in the public domain.
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Hagert, Simon, and Gustav Lantz. "Sailing through storms : A practical exhibition of entrepreneurial leadership methods." Thesis, Umeå universitet, Företagsekonomi, 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-136021.
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Weathering the entrepreneurial storm is considered by many an art form in itself but an undeniable, universal truth is the unilateral impact of an extraordinary leader on the chances of triumph in the face of great adversity. Yet the focus of academic studies all too often concerns the understanding of the weather patterns, the choice of captain and the direction of the ship rather than how to turn the wheel, raise the mast or set the sails. This study has the aim of deciphering the routines, actions and methods of entrepreneurial leaders so as to produce tangible, actionable knowledge which real practitioners can bestow upon themselves. This is a collective case study which examines ten entrepreneurial leaders from various cities throughout Sweden using semi-structured, in-depth interviews. The findings pertain to routines, activities and methods that they use to fulfil five roles of effective entrepreneurial leadership which are further boiled down to 52 thematic strategies. These strategies are then aligned into five fundamental skills; encompassing a collective approach, building individual relationships, fragmentation, dynamic perspective and utilising feedback. We believe that through developing these skills that entrepreneurial leaders can better cultivate their own routines, activities and methods contingent to their particular circumstance and transaction set.
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Wictor, Ingemar. "Born Globals : Rapid International Growth in New Ventures." Doctoral thesis, Högskolan i Halmstad, Centre for Technology, Innovation and Marketing Management (CTIM2), 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:hh:diva-19344.
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The traditional theories developed by Johanson and Vahlne (1977, 1990) and other researchers ofinternationalisation have long been questioned because of the fast-changing environment and deregulations. In particular, for Born Global firms, namely a company that has achieved a foreign sales volume of at least 25% within three years of its inception and that seeks to derive significant competitive advantage from the use of resources and the sales of outputs in multiple countries (Andersson and Wictor, 2003, p. 254), itis a question of surviving by establishing in many markets in a short period of time.This thesis summarises five papers. Paper 1 showed that the CEO´s perception and the fast changing environment push small firms to internationalise and that younger CEOs have an important role in expanding the firm. This is often because of their experiences accumulated inthe organisation over time or because the entrepreneur has been exposed to the international arena and information technologies, which can explain why some small firms continue to expandtheir international activities.The conceptual framework in paper 2 comprises four factors that influence Born Global firms:entrepreneurs, networks, industry and globalisation. To succeed in establishing a global firm it isimportant to have certain resources, such as an entrepreneur with international experience and strong networks. A Born Global entrepreneur is distinguished by his interest and motivation todo business abroad and his vision for the future.Paper 3 focuses on the importance of Born Globals’ foreign market channel strategies. The decision to establish a new market is of great importance for the long-term survival of the company. In this comparative case study, four companies that display different foreign entrymodes are compared. We found that these companies had very different market channel strategies even though they internationalised rapidly.Paper 4 is a study of four companies that indicates that their CEOs are active and involved in making strategic decisions in all parts of a Born Global firm’s value chain activities. Decisions on localisation and outsourcing are influenced by the entrepreneur’s definition of his firm’s core competencies. However, factors outside the firm are also an influence: potential suppliers,outsourcing of manufacturing and potential partners in distribution, especially relating to the riseof new emerging markets (e.g. China). The importance of coordinating value chain activities also influences the localisation of different activities. Entrepreneurs aim to arrange value-creating networks to secure their core manufacturing processes and close relations with local suppliers when they outsource products. In such a case, the entrepreneur can be seen as an orchestrator ina virtual organisation. The ‘global factory’ concept can be adjusted to fit locally for a Born Global company and its environment. Paper 5 focuses on a Born Global company’s way to grow and is a longitudinal study of acompany over 17 years (1990–2007) and its development in the different stages in the growth/life-cycle curve. From inception, the vision is already strong to go global. During thea bove period, the founder, external CEO I and CEO II were interviewed to assess whatcharacterises the different stages of growth over time compared with the growth/life-cycle model of Smallbone and Wyer (2006). The company is still growing and very entrepreneurial. The leadership has changed from a deciding style to a more coaching way of leading. Themanagement and organisation have changed to be more professionalised and team-oriented over8time. Entrepreneurial teams have also become more and more important for transferring knowledge to individuals in the organisation.The traditional models of Johanson and Vahlne (1977, 1990) point out that learning at an organisational level is a main factor in international development over time. However, a way to speed up the development of Born Global firms is entrepreneurial background with long experience and different knowledge serving his vision for the company. Nevertheless, theknowledge transfer from the entrepreneur and his team to the organisation is important. Knight and Cavusgil (2004, p. 137) find that “Born Globals pose an important new challenge to traditional views on the internationalization of the firm”.Johanson and Vahlne (2003) study what happens in companies because of rapid changes in the environment. They suggest that the Uppsala model is still valid, but that the early stage of a firm’sinternationalisation is important to study. Organisational learning is carried out at an individual and an entrepreneurial level. Johanson and Vahlne (1977) focus on the importance of the people working in a market and their learning. In their latest published article by Schweizer et al. (2010,pp. 368–369), they argue that “it is the liability of outsidership rather than the liability offoreignness that gives rise to internationalization difficulties. Outsidership implies that the firm isnot a member of relevant networks. Internationalization can be seen then as taking steps tobecome an insider in relevant networks in focal foreign markets … In their last study it emphasizes the entrepreneurial facets of a firm’s internationalization process”. The above defined background of the entrepreneur, his entrepreneurial way of working and his experience from former jobs also means that he already has the networks necessary for international expansion.The entrepreneur and his team in a Born Global company must from the beginning have the capability and knowledge of the environment and market in a country to establish in the new market as well as the understanding of how to manage the company and organisation. If they do not have this knowledge, they must have a network from which to extract this information. The entrepreneur has to be strongly involved in building and sustaining relationships with both customers and suppliers. In the organisation, he also has to build a powerful culture with decentralisation and empowered employees. The leadership in these companies is charismatic,employees are empowered in their jobs and the teams are entrepreneurial. Employees are therefore also allowed to make their own decisions within certain limits. Networks are important to overcome “perceived barriers on cultural and regulatory issues, those associated with locating partners, plus other matters deemed important to specific management teams” (Crick, 2009, p. 466). Coviello and Cox (2006) find that a company’s network is aresource when it is working with acquisitions and important recruitments. For companies growing over many years such as the Rubber Company studied herein, networks change and the chairman’s networks can be of great importance when core individuals should be recruited as an important part of the company’s strategies.
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Nohria, Nitin 1962. "Creating new business ventures : network organization in market and corporate contexts." Thesis, Massachusetts Institute of Technology, 1988. http://hdl.handle.net/1721.1/14397.
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Cay, Gillian Elizabeth. "Resolving the growth challenges of high technology new ventures : an absorptive capacity perspective." Thesis, University of Glasgow, 2011. http://theses.gla.ac.uk/3383/.
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This thesis examines how high technology new ventures (HTNVs) in the life science industry in Scotland leverage external knowledge to resolve challenges that they face at critical events to enable the firm to grow. The theoretical approach is holistic, drawing on the fields of entrepreneurship, innovation and internationalisation, which are all key drivers of the growth of HTNVs. Reviews of this diverse literature point to the key role of knowledge for the growth of these firms, however, little is known about the processes and routines that enable them to leverage knowledge. Therefore, the construct of absorptive capacity (ACAP) is an appropriate lens to investigate how HTNVs resolve growth challenges by leveraging external knowledge. As this is a complex issue, this exploratory study takes a holistic view, drawing on the interpretivist paradigm, and utilises in-depth case studies to examine key challenges that firms face at critical events, and the knowledge leverage processes associated with these events. A key finding is that HTNVs experiencing rapid growth have to address a number of growth challenges simultaneously in relation to the three key drivers of growth. Therefore, the knowledge processes that support this activity transcend functional boundaries and are interlinked with and interdependent on these simultaneous business processes. With limited internal resources, the demand of these firms for external knowledge to resolve these challenges is acute. The six types of knowledge that firms were found to require are: market, technical, managerial, regulatory, internationalisation and relational knowledge. The firm’s ability to combine different types of knowledge from outwith the firm and from within the firm’s knowledge stocks to find solutions for the challenges they face is important for their growth. The major contribution of this thesis is that the pace of the leverage of knowledge at critical events is maximised when HTNVs have multiple enablers of ACAP in place. This has emerged from combining other findings on key enablers and temporality of ACAP. A new process model of ACAP is proposed, which highlights the connection between the individual- and firm-level ACAP, and emphasises the importance of effective communication within the firm and the effective management of the firm’s knowledge stocks to maximise the firm’s ability to exploit the knowledge it acquires. The model also highlights the importance of social capital to the ACAP process, in particular to the timely acquisition and assimilation of knowledge. This process model significantly enhances the understanding of how knowledge is leveraged through the ACAP process. There are important implications in these findings, amongst which there is evidence that social capital provides the firm with timely access to the knowledge, in particular the links of board members. In dynamic industry environments where there are constant technological advances and market opportunities are short-lived, the ability to assimilate and respond to opportunities and threats quickly is crucial to the firm’s competitive advantage. For the management of HTNVs, understanding how to optimise the use of their Boards of Directors, including venture capital representatives, in order to leverage their experience and connections, can significantly enhance the firm’s competitive advantage. Furthermore, exploiting the firm’s social capital in order to access and assimilate knowledge more effectively could have a significant impact on the growth of the firm. At policy level, it is imperative that small firms are encouraged to invest in the enablers of ACAP, to develop appropriate connections across the value chain that can assist their growth and, in particular, to ensure that they appoint to their Board Non-Executive Directors who are appropriate to the key challenges they are facing.
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Degroof, Jean-Jacques. "Spinning off new ventures from research institutions outside high tech entrepreneurial areas." Thesis, Massachusetts Institute of Technology, 2002. http://hdl.handle.net/1721.1/8477.
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Thesis (Ph.D.)--Massachusetts Institute of Technology, Sloan School of Management, 2002.<br>Includes bibliographical references (v. 2, leaves 405-415).<br>In this thesis, I examine how spinning off new ventures from academic institutions works in an environment outside developed high tech clusters and how it affects models of ventures. I examine these questions by studying the case of Belgium. There seems to be two archetypes of spin-off processes depending on the academic institutions capabilities. The first, practiced by specialized research institutes, involves a proactive technology opportunity search phase and an extensive concept-testing phase before ventures are founded. It can be characterized as a high selectivity and high support policy. The second and most common type, practiced by universities, leaves the initiation of projects to individual researchers and provides limited support for concept testing before ventures are founded. Most concept testing needs to be conducted after founding. This type of spin-off process can be regarded as a low selectivity and low support policy. The few ventures, spun off by specialized research institutes could adopt a high-growth orientation right away, becoming "pure" venture capital-backed firms from the outset. Ventures spun off by universities at a very early stage could only adopt a basic business model of contract-based work, often technical consulting. About half of these ventures never intended to go beyond this business model and settled in a small business model of venture with no growth orientation. The founders of the other half tried to build a firm that was going to be more than a substitute for a job. For these founders, the initial, basic contract-based work represented a source of revenue, as well as their main source of knowledge building.<br>(cont.) Indeed, given their lack of business experience, without incubation capabilities from their university or an entrepreneurial community to support them, these founders could not borrow much relevant business and entrepreneurial knowledge from their local environment. They had to learn basic business and management skills largely by experimenting. As a result, these ventures went through a transitory, or gestation period, before they could develop a viable business model with high potential and growth objectives. I label this model of venture "prospector." I argue that this may be the dominant type of growth-oriented venture emerging in environment outside advanced high tech clusters where the entrepreneurship infrastructure is not well developed.<br>by Jean-Jacques Degroof.<br>Ph.D.
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Ahola, N. (Nancy). "International new ventures’ use of networks to target globally released mobile applications." Master's thesis, University of Oulu, 2014. http://urn.fi/URN:NBN:fi:oulu-201406101727.
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In this paper, the study will deal with the theoretical basis of internationalization of New Ventures and the importance of networks to acquire the knowledge to develop mobile application products on a global level. It will weigh the different uses of networks for market entry for SMEs that have a lack of capital, both human and financial. The study will also look at mobile applications themselves and the business models they currently have as options to create their new ventures.
While many mobile app and technology companies look to globally release their mobile applications with the same approach without any change or localization, all consumers do not subscribe to the same buying tastes in every region. Taking into consideration buying patterns and regional differences, examination of the product positioning and applying this thought process to technology and how each company’s approach succeeded or failed.
In this paper, the focus will be examining several views: The idea of a globally released mobile application by a company, developed with the thought that the idea is so universal that it will succeed in every market, or the concept that even in the mobile application development area, that each “product” will need to be customized for certain markets for a more successful market entry.
Some other aspects of this paper will take a look at technology itself, both Mobile Applications and the Internet, as methods of market entry. With these technologies available to international new ventures, which do not have the financial capital to commit to internationalize.
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Gulko, O. (Olena). "Importance of networks for international new ventures entry to Russian and Ukrainian steel industry market." Master's thesis, University of Oulu, 2014. http://urn.fi/URN:NBN:fi:oulu-201405211435.
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Networks and their role in internationalization process of International New Ventures (INVs) are believed to be of high importance. Entry to emerging markets, where network ties are considered to be a great success factor, enhances the significance of network ties, especially for young firms.
The purpose of this Master’s Thesis was to study establishment of network relationships and securing right position for International New Ventures in existing networks of Russian and Ukrainian emerging markets. Particularly, steel industry in Russia and Ukraine was selected as a context of the study.
Qualitative approach was chosen for this research and empirical study was carried out through semi-structured interviews. Themes for the interview were indicated in relation to covered literature and theoretical constructs. Representatives of eight companies within Russian and Ukrainian steel industry network were interviewed. Selected sample consisted of companies that vary in specialization and size, which allowed to collect responses from different perspectives. Data, obtained through interviews, was first analyzed separately in relation to outlined themes. Then, conclusions were drawn by aligning theoretical constructs with empirical findings.
The results indicated that while network ties indeed play an important role in partnership establishment and securing position on target emerging market, they do not serve as a guarantee of desired spot in desired network. Presence of newly internationalizing firm in right network undoubtedly helps to operate in the emerging market and obtain customer base faster, however factors like quality and favorability of products, price, warranty conditions and time of delivery were found to be of greater importance to successful market entry. Penetration to target network requires combination of proactive and reactive measures of internationalizing firms, including exploitation of different channels.
Based on the findings of the study, propositions for INVs management were given at the end of the thesis. Main contribution of the study is combination of network theory and INVs internationalization in relation to emerging markets. It was concluded that internationalizing firm should rely on the product and value it has to offer for target market. Being entrepreneurial in its nature firms can benefit from flexibility and seek for arising opportunities in desired networks, while maintaining the existing ties.
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Sihvola, O. (Otto). "A literature review on pop-up stores and their potential to start new business ventures." Bachelor's thesis, University of Oulu, 2017. http://urn.fi/URN:NBN:fi:oulu-201712093292.
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George, Bradley Alan. "Strategic decision making in new ventures the relationship between decision comprehensiveness and growth in differing environments /." [Bloomington, Ind.] : Indiana University, 2007. http://gateway.proquest.com/openurl?url_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:dissertation&res_dat=xri:pqdiss&rft_dat=xri:pqdiss:3290767.
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Thesis (Ph.D.)--Indiana University, Kelley School of Business, 2007.<br>Source: Dissertation Abstracts International, Volume: 68-11, Section: A, page: 4769. Adviser: Jeffrey G. Covin. Title from dissertation home page (viewed May 22, 2008).
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Sardana, Deepak, and deepaks@agsm edu au. "Empirical insights into the black box of decision-making in new ventures : a study based on biotechnology companies in Australia and India." The Australian National University. National Graduate School of Management, 2007. http://thesis.anu.edu.au./public/adt-ANU20080115.153853.
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Serres, Coline. "Social Ventures and the Commons." Doctoral thesis, Universite Libre de Bruxelles, 2021. http://hdl.handle.net/2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/325761.
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Consciousness about the need for a more sustainable consumption and production patterns, as well as the will to cope with issues such as social exclusion and poverty, rose in the last decades. To answer such problems, new forms of social ventures have emerged on markets, including under the legal form of corporations. Social corporations are fully-fledged limited companies that officially commit themselves to a social mission by including the latter in their bylaws. Through their commercial activities, these new forms of social ventures target a specific social outcome. Either the whole population or a targeted group can benefit from this outcome. Thus, social corporations aim to pursue the common good. Entitled “Social Ventures and the Commons”, this doctoral dissertation aims to understand how new alternative profit-seeking business models, such as social corporations, can manage and contribute to the governance of common goods. With her seminal work, Elinor Ostrom widened the path for scholars to study the commons. Ever since, the academic world has extensively relied on her eight design principles when researching commons, allowing for a varied literature on the topic and the emergence of a paradigm in recent years; however, features of this paradigm are still fuzzy as different views and concepts of commons exist. While Ostrom conducted her research on the governance of traditional commons mainly, i.e. local natural resources collectively managed, the emergence of new concepts calls for a better of their governance mechanisms. Amongst the different concepts of commons existing, new commons have recently emerged. New commons are resources that have newly been recognized as commons. They derive from the principle of “commoning”: they are shared resources collectively organized and managed and can take the form of human-made commons, like culture, knowledge or urban spaces. They can be created both by humans and/or by organizations that are managed collectively. The first chapter of the dissertation, in the form of a conceptual paper, sheds light on the capacity of new alternative profit-seeking business models to govern new commons; a topic left out by scholars so far. It states under which conditions such unconventional forms of market-oriented organizations can contribute to the governance of commons and thus become commons-governing companies. Theoretical management principles applicable in the context of commons-governing companies are proposed and guide them to implement collective action through co-management with external and/or internal stakeholders. The second chapter of the dissertation presents an original global typology of social corporations that distinguishes between three generic types according to their legal structure and underlying motivation to integrate a social mission into their bylaws. It identifies four core social corporation governance elements: voting rights implementation, profit distribution, property regime, and ownership structure. Additionally, the typology is complemented with a multiple case study of three social corporations (one per generic type). The case study focuses on the five governance capabilities that social corporations develop to be sustainable in the long run, and that relate to the three main pillars of performance, conformance, and responsibility. The third and last chapter of the thesis aims to comprehend the governance mechanisms developed by social corporations governing new commons. To do so, it draws from the community-based enterprise theory and the theory of the commons. I use qualitative data used collected within three community-based enterprises governing commons, and that adopt a social corporation legal form, in the United Kingdom. These organizations vary by date of creation, size, location, legal form, and types of new commons they contribute to. Findings show that these ventures design a triple-levelled goal governance to (1) manage the organization, (2) govern the commons, and (3) foster social good in the community. This doctoral dissertation primarily aims to contribute to the field of entrepreneurship. First, it contributes to social entrepreneurship by embracing the growing phenomenon of profit-seeking social ventures and provides with a better comprehension of their governance mechanisms, also when governing commons. Second, it sustains the development and understanding of the newly recognized entrepreneurship theory of commons. It does so by understanding how privately-held profit-seeking social ventures – social corporations – contribute to the provision of commons and become commons-governing companies.<br>Doctorat en Sciences économiques et de gestion<br>info:eu-repo/semantics/nonPublished
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Kang, Yuanfei. "Performance and network governance in international joint ventures: case studies of three China-New Zealand JVs." Thesis, University of Auckland, 2004. http://hdl.handle.net/2292/2486.
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This thesis examines the relationships between performance, evolution and network governance of international joint ventures from a dynamic perspective. This is accomplished with a two-stage examination of case studies on the China-New Zealand joint ventures in China, involving two case studies in the first stage and one case study in the second stage. The exploratory and narrative research aims to aid theory building in the area of assessment and determination for IJV performance. In an investigation of the case IJVs between the Chinese and New Zealand firms, the study results in the development of three conceptual models of IJV performance and network relationships, namely, the Static Goal Model, the Goal Succession Model, and the Goal Emergence Model. These conceptual models adopt goal attainment as the criterion for assessing UV performance, and address goal attainment from a dynamic perspective by using a network approach. The theoretical models are illustrated and supported by the empirical evidence from the longitudinal case studies. The conceptual models differ from existing models of IJV performance in a number of important aspects, and thus contribute to theory relating to IJV performance in the following ways. These models integrate the concepts from the three research areas of performance, governance structure and dynamic evolution into a conceptual framework addressing IJV performance. Two types (organisational and interpersonal) of IJV network relationships are identified, and complex multiple tiers of network relationships in each type and their influence on JV performance and evolution are discussed. The study highlights the influence of network relationships and their evolution on IJV performance by arguing that IJV performance hinges on whether a trend of institutionalising the mechanism of trust building and conflict resolution and of balancing the network relationships within the IJV arrangement emerges from the process of IJV dynamic evolution. This research was solely undertaken by the author for the purpose of a thesis submitted in fulfilling the requirements for the degree of Ph. D at the University of Auckland.
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Williams, David W. "Why Do Different New Ventures Internationalize Differently? A Cognitive Model of Entrepreneurs' Internationalization Decisions." Digital Archive @ GSU, 2010. http://digitalarchive.gsu.edu/managerialsci_diss/21.
Full textAbstract:
What makes entrepreneurs select one international opportunity while rejecting or ignoring others? Furthermore, what makes entrepreneurs decide to exploit an international opportunity earlier or later? Two theories of internationalization provide answers to these questions: the Uppsala Model and International Entrepreneurship theory. However, these two theories provide competing answers to these questions, and empirical research offers inconsistent evidence about what influences entrepreneurs to select an international opportunity – and when to exploit the opportunity. To address these issues, I develop a cognitive model that explains when and why the predictions of these theories do (and do not) explain entrepreneurs’ behavior regarding new venture internationalization. More specifically, I propose that entrepreneurs’ internationalization decision making rests, in part, on cognitive processes of similarity comparison and structural alignment.
I use a multi-method / multi-study approach to answer the above questions. In the first study, I use verbal protocol techniques to analyze the cognitive processes of entrepreneurs as they ‘think out loud’ while making decisions on international opportunity selection and age at entry. In the second study, I use a survey plus secondary data to test if the actual decisions made by entrepreneurs on international opportunity selection and age at entry correspond to the dissertation’s predictions.
Results show that cognitive processes of similarity comparison and structural alignment underpin entrepreneurs’ internationalization decisions. Entrepreneurs rely heavily on commonalities and look for high levels of similarity between the home and host country when deciding when to internationalize their firms. Regarding entrepreneurs’ decisions on international opportunity selection, their decisions reflect the influence of both comparable and noncomparable opportunity features. Interestingly, I observe that prior international knowledge directly impacts entrepreneurs’ internationalization decisions, but also moderates the relationship between similarity considerations and entrepreneurs’ decisions on international opportunity selection.
Ultimately, I reconcile and integrate two competing internationalization theories by resolving tensions between them. I demonstrate that the different predictions of the two internationalization theories can be explained by the differential focus that entrepreneurs place on comparable and noncomparable attributes of their opportunity set. I also show the importance of taking an individual-level and cognitive view to understanding these decisions.
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Le, Pendeven Benjamin. "Emerging approaches for financing innovation." Thesis, Paris, CNAM, 2018. http://www.theses.fr/2018CNAM1169.
Full textAbstract:
Portés par des changements technologiques, des cadres juridiques nouveaux, une demande de financement croissante de la part des entreprises innovantes et une montée en maturité des opérateurs du marché, les professionnels du financement de l’innovation ont pour partie modifié leurs pratiques et de nouveaux outils émergent. Ces nombreuses évolutions posent des questionnements théoriques essentiels.La thèse vise à investiguer trois de ces modes de financement. Le premier, les Social Impact Bonds (autrement dénommés en France Contrats à Impact Social) sont un mode de financement de l’innovation sociale non entrepreneuriale apparu en 2010 en Grande-Bretagne. Le second outil analysé est celui du financement participatif (crowdfunding). Forme émergente de financement des projets entrepreneuriaux par la foule sur internet, il connait une croissance forte depuis une décennie. La thèse questionne l’impact du degré d’innovation sur la réussite des campagnes. Le troisième et dernier outil évoqué dans la thèse est celui des fonds de Multi Corporate Venture Capital (MCVC), et leurs formes organisationnelles<br>Driven by technological change, new legal frameworks, growing demand for cash from start-ups, and a growing maturity of market operators, innovation finance professionals have partly modified their practices. On the one hand, traditional financing tools have modernized their organizations and methods, and on the other, new forms of financing have emerged. These numerous evolutions open essential theoretical questions, while questioning the traditional theories of the financing of innovation as well as suggesting new theoretical considerations.The thesis investigates three of these modes of financing. The first, the Social Impact Bonds (otherwise known as Contrats à Impact Social, in France) are a way of financing the non-entrepreneurial social innovation that appeared in 2010 in Great Britain. The second tool analyzed is about equity crowdfunding. Emerging form of financing entrepreneurial projects by the crowd on the internet, it knows a strong growth since a decade. The thesis analyzes the impact of innovation degree on campaigns’ success. The third and last tool mentioned in this thesis is that of the funds of Multi Corporate Venture Capital (MCVC)