Risk Management in Innovative Startups and the Role of Investors and Business Accelerators

Kaszuba-Perz, Adriana; Czyżewska, Marta

doi:10.1007/978-3-030-34401-6_10

Cited by 2 publications

(1 citation statement)

References 8 publications

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“…All the above data showed that SMMCI’s investment in education will reduce revenue, and the reduction of revenue may result in enterprises facing the problem of capital chains, especially for the SMMCI at the start-up and growth stages, which has weak risk resistance to potential liquidity dilemmas. Therefore, strengthening the risk resistance ability and strengthening the risk awareness and risk management training of the enterprise management should be the industry’s strategic focus at this time, which is consistent with the results of research by Kaszuba-Perz and Czyzewska [ 93 ]. In the maturity stage of the SMMCI, although the industry’s total revenue was higher, the profitability begins to slow, and the industry gradually entered the decline stage.…”

Section: Discussionsupporting

confidence: 85%

Competitive Revenue Strategies in the Medical Consumables Industry: Evidence from Human Resources, Research and Development Expenses and Industry Life Cycle

Chen

Yang

2021

IJERPH

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This study attempted to explore the competitive advantage strategies of the medical consumables industry (MCI) from the perspectives of human resources, research and development (R&D) and the industry life cycle. As one of the essential branches of modern medical device industry, the MCI has developed rapidly in recent years as global demand for medical consumables has shown continual growth, but it also faces market uncertainty. This study took Taiwan’s small/medium medical consumables enterprises (SMMCEs) as a sample, and used the translog revenue function to study the competitive advantage of the MCI through human resource and R&D investment strategies and the stage characteristics of the industry life cycle curve. The results showed that the various human resources and R&D expenses of the small/medium medical consumables industry (SMMCI) can interact with each other to influence total revenue and that the SMMCI needs more varied types of human resources to enhance its competitive advantage. The total revenue of the SMMCI decreased as education inputs rose, but it increased along with increases in the number of employee and R&D inputs. Observed from the life cycle curve of the SMMCI, total revenue increased rapidly during the startup and growth stages, increased slowly during the maturity stage, and decreased during the decline stage. Finally, we put forward competitive advantage strategies and management suggestions for medical consumables enterprises (MCEs). We are the first to document the life cycle curve and competitive advantage strategies of the MCI, thereby contributing to the related literature.

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Section: Discussionsupporting

confidence: 85%

Competitive Revenue Strategies in the Medical Consumables Industry: Evidence from Human Resources, Research and Development Expenses and Industry Life Cycle

Chen

Yang

2021

IJERPH

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Catalyzing Financing and Management of Entrepreneurial Ecosystem for Successful Business Incubators and Accelerators in Tanzania Higher Learning Institutions

Maganya,

Munisi

2024

EJAHSS

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Business incubators and accelerators are support mechanisms for the rapid growth of SMEs and start-ups. The general objective of the study was to explore effective strategies for establishing and governing innovation hubs to support entrepreneurs, SMEs, and start-up growth in Tanzania. Using a descriptive research design to collect primary data, the study used non-probability technique to select a sample of 50 incubators and accelerators from research-based institutes engaging in innovation and entrepreneurial activities in the country. The study findings indicate that 92.5 percent of surveyed business incubators believe lack of innovation and creativity as the major challenges in managing business incubators. Moreover, about 50 percent of surveyed business incubators use social media in marketing products produced by enterprises residing in the programme, this happens to be their main marketing strategy. Various plans have been presented by business incubators in resource mobilization, clear organizational goals and objectives scores the highest in terms of resource mobilization plans. The findings and theoretical propositions offered in this research have key implications for the theory, practice, and policy of incubators and accelerators as enablers of entrepreneurship in developing countries.

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Risk Management in Innovative Startups and the Role of Investors and Business Accelerators

Cited by 2 publications

References 8 publications

Competitive Revenue Strategies in the Medical Consumables Industry: Evidence from Human Resources, Research and Development Expenses and Industry Life Cycle

Competitive Revenue Strategies in the Medical Consumables Industry: Evidence from Human Resources, Research and Development Expenses and Industry Life Cycle

Catalyzing Financing and Management of Entrepreneurial Ecosystem for Successful Business Incubators and Accelerators in Tanzania Higher Learning Institutions

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