The importance of startups for construction of innovative economies

Szarek, J.; Piecuch, Jakub

doi:10.15678/pm.2018.0402.05

Cited by 15 publications

(14 citation statements)

References 2 publications

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“…It fosters innovation and raises competitiveness in the local community. Moreover, it creates jobs and makes money for investors and stakeholders, which ultimately leads to economic growth (Szarek & Piecuch, 2018). In order for a digital start-up ecosystem to flourish, support organizations and policy-makers should extend their consideration of entrepreneurial activities and endeavours in educational institutions (Ratzinger et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

The Role of Nurturing Technopreneurship Education and Building University Students’ Entrepreneurial Mindsets and Skill Sets in Fostering Digital Innovation and Augmenting the Tech Start-Up Ecosystem in Bahrain

Hashimi

Zaki

Muwali

et al. 2021

IJLTER

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This paper examines the relationship between the success of tech start-ups and the educational backgrounds of their owners. To better comprehend and encourage technopreneurial growth, it is essential to understand the educational background of tech start-up founders in Bahrain. The paper attempts to explore whether or not different educational qualifications of tech start-up founders are associated with their success. It also aims to investigate the pedagogical approaches, strategies, skills, and objectives that may have contributed to the success of leading technopreneurs, locally and globally in an effort to suggest the right practices to implement in Bahrain in order to emulate their educational experiences. The research qualitatively investigates the perceptions and academic experiences of the founders of five innovative Bahraini digital applications in an attempt to explore the role of their education in their success and growth. In addition, twelve support organizations in Bahrain were interviewed to examine the influence of higher education on entrepreneurial success. The paper argues that education is very essential to entrepreneurial success, and its findings provide clear evidence of the impact of education which focuses on fostering creative thinking, innovation, and team-working skills on technopreneurial success. These findings may have implications for universities in Bahrain to promote successful entrepreneurs through integrating the best practices in innovation and entrepreneurship education into the curriculum, and strengthening their cooperation with the government and various support organizations. Finally, the paper provides higher education institutions with guidelines and recommendations to maximize their role in the tech start-up ecosystem in Bahrain.

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Section: Introductionmentioning

confidence: 99%

The Role of Nurturing Technopreneurship Education and Building University Students’ Entrepreneurial Mindsets and Skill Sets in Fostering Digital Innovation and Augmenting the Tech Start-Up Ecosystem in Bahrain

Hashimi

Zaki

Muwali

et al. 2021

IJLTER

View full text Add to dashboard Cite

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“…Startup businesses rely on innovative ideas to provide business solutions in order to grow rapidly and sustainably (Benson & Ziedonis, 2009;Szarek & Piecuch, 2018). Startups also encounter various risks associated with high uncertainty and limited resources (Salamzadeh & Tajpour, 2021;Zahra, 2021).…”

Section: Discussionmentioning

confidence: 99%

“…Entrepreneurship literature has emphasized a startup as technology-based business venture derived from innovative idea (Benson & Ziedonis, 2009;Slávik et al, 2022;Szarek & Piecuch, 2018). The startups encounter various challenges in escalating their potential for competitiveness and sustainability through the implementation of information technology.…”

Section: Introductionmentioning

confidence: 99%

Social Media as a Strategic Capability for Startups and the Mediating Role of Social Capital

Mumi

2022

Business: Theory and Practice

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Social media have been widely adopted in various organizations. The use of social media for achieving business sustainability and financial outcomes has been addressed in the literature. In the entrepreneurship context, social media have received great attention as the platforms can be one of the cost-effective marketing activities and knowledge accumulation. Despite existing evidence regarding the impacts of social media, the study of social media in the startup’s context is limited. Based on the dynamic capabilities perspective, this study relied on data from 128 startups in the emerging economy’s context to investigate the importance of social media for startups. Particularly, the results from PLS-SEM support the significant influence of social media as firm’s strategic capability toward performance. In addition, social capital consisting of three dimensions – cognitive, structural, and relational – has been found to mediate the direct association of social media strategic capability toward the startup performance. This study advances the social media research on entrepreneurship as well as the dynamic capabilities perspective to enhance the startup’s sustainability through enhanced performance. Especially, it encourages the application of social media with the indirect effect of social capital for startups.

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“…They had to be innovation-driven firms that aim to create products or services that do not yet exist. 45 They had to have a short operating history 46 and be less than ten years old. 47 They had to be growth-oriented 48 despite having limited resources (such as knowledge, talent, and capital) 49 as well as facing high uncertainty.…”

Section: Methodsmentioning

confidence: 99%

Even a Small Conductor Can Lead a Large Orchestra: How Startups Orchestrate Ecosystems

Lingens

Böger

Gassmann

2021

California Management Review

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Contrary to existing literature, startups can be successful orchestrators of ecosystems. Based on nine qualitative case studies, this article introduces four archetypes that shed light on how a startup can fulfill the tasks of an orchestrator and overcome challenges. The findings identify dimensions of standardization/customization and sources of value creation as defining the role of ecosystem orchestrators and demonstrate the consequences for small and medium-sized enterprises (SMEs), corporates, investors, and accelerators involved in such ecosystems.

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The importance of startups for construction of innovative economies

Cited by 15 publications

References 2 publications

The Role of Nurturing Technopreneurship Education and Building University Students’ Entrepreneurial Mindsets and Skill Sets in Fostering Digital Innovation and Augmenting the Tech Start-Up Ecosystem in Bahrain

The Role of Nurturing Technopreneurship Education and Building University Students’ Entrepreneurial Mindsets and Skill Sets in Fostering Digital Innovation and Augmenting the Tech Start-Up Ecosystem in Bahrain

Social Media as a Strategic Capability for Startups and the Mediating Role of Social Capital

Even a Small Conductor Can Lead a Large Orchestra: How Startups Orchestrate Ecosystems

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