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Cited by 11 publications
(12 citation statements)
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“…According to the German Startup Monitor and the European Startup Monitor, start-ups are companies that are not older than 10 years, they are highly innovative regarding their technology or their business model and they are striving for a significant employee and turnover growth (Ripsas and Tröger, 2015; Kollmann et al , 2015). Hence, as an essential characteristic, the business start of a start-up differs from other companies, i.e.…”
Section: Microenterprises and Start-upsmentioning
confidence: 99%
“…According to the German Startup Monitor and the European Startup Monitor, start-ups are companies that are not older than 10 years, they are highly innovative regarding their technology or their business model and they are striving for a significant employee and turnover growth (Ripsas and Tröger, 2015; Kollmann et al , 2015). Hence, as an essential characteristic, the business start of a start-up differs from other companies, i.e.…”
Section: Microenterprises and Start-upsmentioning
confidence: 99%
“…In terms of growth, not all startups have shown a huge ambition to increase the number of employees and turnover as referred by the European Startup Monitor [16]. Most startups were just looking to penetrate their respective markets through internationalization or by increasing the customer base in the respective markets.…”
Section: Results and Analysismentioning
confidence: 99%
“…It can be defined as a temporary organization in search of a scalable, repeatable and profitable business model. The European Startup Monitor (ESM) [16] considers that startups are companies under the age of ten and have high aspirations in terms of employee growth and sales. From another point of view, Ries [17] defines startup as a human institution created to design new products and services in situations of extreme uncertainty.…”
Section: Literature Reviewmentioning
confidence: 99%
“…SMEs are said to be the growth drivers of the industrial and the service sector. In the past, these companies employed new staff, even during recessions, whereas big companies and multinationals had a decline in the number of staff (Lo and Humphreys, 2000). Thus, SMEs can be further divided into medium, small and microenterprises (Table 1).…”
Section: Microenterprises and Start-upsmentioning
confidence: 99%