Innovation and Entrepreneurship: Theory and Practice

Permanent URI for this collectionhttps://hdl.handle.net/10125/107536

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Digital Entrepreneurship and Business Innovation: A Simplified Model to Understand On-Demand Service Innovation
(2024-01-03) Kim, Yong Jin; Passerini, Katia; Yun, Bo Seong; Kim, Ahyun
As digital technologies continue to accelerate the complexity and diversity of customer demands to an unprecedented degree, companies small and large are pursuing business innovation strategies to cope with the challenge. This empirical study focuses on understanding the factors that contribute to business improvement, and specifically on-demand service innovation. The study results show that digital entrepreneurship, a precursor of digital transformation, plays a key role in on-demand service innovation through variables such as entrepreneurial orientation and digital orientation. While a larger number of complex independent and control variables may also impact on-demand service innovation, herein we focus on a simplified model. The goal of this study is to understand if digital entrepreneurship impacts business innovation through on-demand service innovation. In the analysis of the control variables, we find that the existence of a person in charge of the digital transformation (a digital entrepreneur or a chief digital officer) influences service innovation and ultimately, and indirectly through annual sales growth, it influences firm performance.
The Challenges and Strategic Solutions of Emerging Technology Entrepreneurship: A Systematic Literature Review
(2024-01-03) Myers, Alexander; Albats, Ekaterina
With increasing visibility of disruptive innovations such as AI, the term deep tech has become common among practitioners. However, the phenomenon of deep tech entrepreneurship still suffers from conceptual ambiguity and lacks empirical evidence. It is unclear what makes tech ‘deep’ and how it differs from emerging technology. In seeking answers to these questions, we conduct a systematic literature review on emerging technology commercialization. Drawing on the literature about risk, strategy, and the nature of deep tech we first, develop a framework, which explains the defining challenges of deep tech. We then use this framework to analyze the challenges that new technology-based firms (NTBFs) face in their attempts to commercialize emerging or deep technology. Our findings support academic efforts to define deep tech by commercialization challenges that are shared with commercializing emerging technologies. We also support technology entrepreneurs by providing a systematic overview of strategies that were found helpful to address those challenges.
Understanding Entrepreneurial Opportunity Evaluations: An Institutional Logics Approach
(2024-01-03) Garud, Niharika; Pati, Rakesh; Sutter, Christopher; Holcomb, Timothy
Calls to understand effects of institutions and institutional logics on entrepreneurial behaviors have become stronger as it is critical in today’s world to understand influences on entrepreneurial activities and self-employment globally. This research explores how institutional logic of family influences entrepreneurial opportunity evaluations when compared to evaluations done under the institutional logic of markets through experiments. We find empirical support for significant effect of institutional logic of family on opportunity evaluations. Furthermore, in contrast from the settings of developed economies, we find that institutional logic of family has a stronger effect on entrepreneurial evaluations in the settings of emerging economies. We also identify and empirically test key decision context factors that moderate the effect of institutional logic on opportunity evaluation. This research contributes to entrepreneurship research by unraveling the processes through which institutional logics impact entrepreneurial opportunity evaluation decisions in emerging markets.
Intrapreneurship in the Healthcare Sector: Stimulating Idea Generation through an Inspiration Wall
(2024-01-03) Bumbacher, Cristina; Pätzmann, Lena-Marie; Back, Andrea
Certain structures in the healthcare system hinder the innovative environment for employ-ees. However, innovations are crucial to enable the best possible treatment of patients and to miti-gate the increasing cost pressure. Therefore, we are investigating how the quantity and quality of employee-driven ideas can be enhanced in hospi-tals. Through DSR research, we are developing an incentive mechanism that can be employed in the hospital setting. It is based on the theory of nudg-ing and aims to subtly motivate employees to sub-mit more innovative ideas. The results demon-strate that (1) nudging for intrapreneurship in the healthcare sector is promising, (2) besides the incentive mechanism, organizational enablers are also important for intrapreneurship, and (3) an inspiration wall may combat the challenges pre-sent at hospitals hindering intrapreneurship.
Green Orientation and Crowdfunding Success of Green Projects : Moderating Role of Project Characteristics
(2024-01-03) Pati, Rakesh; Garud, Niharika
The study investigates the impact of green orientation on crowdfunding success and the moderating role of project characteristics, i.e., project duration, project stage, and project innovativeness, on the green orientation-crowdfunding success relationship. We test our hypothesis using two studies. Our first study uses 151 energy and green technology crowdfunding ventures from the Indigogo platform. For our second study, we designed three experiments with four hypothetical green crowdfunding projects each and collected data from 119 crowdfunders about their likelihood of funding the projects. The results of both studies highlighted the significant positive impact of green orientation on crowdfunding success. Moreover, in line with our expectation, projects with longer duration and high innovativeness leverage the benefit of green orientation significantly higher than projects with shorter duration and low innovativeness, respectively. However, in contrast to our hypothesis, the impact of green orientation on crowdfunding success was much stronger among projects in advanced stages than in early stages. We also discuss the implication of our findings on research and practice.
What is Digital Intrapreneurship? Insights from a Structured Literature Review
(2024-01-03) Pätzmann, Lena-Marie; Cahenzli, Marcel; Bitzer, Michael
The advancement of digitalization influences how intrapreneurship can be operationalized. This has opened new discussions in academic literature. In particular, a sub-stream has emerged around the term “digital intrapreneurship.” However, these discussions currently lack a shared conceptualization and terminology for digital intrapreneurship. In this structured literature review, we analyze existing academic literature on digital intrapreneurship, inductively develop a definition for the phenomenon, and create a conceptual framework for it.
The Role of Incubators and Maker Spaces in Facilitating Entrepreneurial Growth: A Stakeholder View
(2024-01-03) Dasilva, Carlos
Innovation and entrepreneurship seldom thrive in isolation; it usually requires interconnected networks of partners. For entrepreneurs with good technology lacking these networks, incubators and maker spaces provide a possible support mechanism for access to partners and non-technological resources. Yet, these relatively recent approaches to supporting technology entrepreneurship are still evolving. Entrepreneurial acceleration is a fast-emerging form of early-stage venture support linking innovative start-ups to resources for entrepreneurial growth. While sharing common structural elements and components, entrepreneurial acceleration programs differ widely in resource exchange depending on their stakeholders. Specifically, this study identifies and analyzes four stakeholder types, namely investor-based, corporate-based, university-based and government-based stakeholders in accelerators, and six major characterizing variables that express their peculiarities in value creation and value capture. Special care is given to impact of technology and technological innovation. Our findings open-up opportunities for understanding the impact of dominant stakeholders on knowledge creation and entrepreneurial growth.
Introduction to the Minitrack on Innovation and Entrepreneurship: Theory and Practice
(2024-01-03) Bandera, Cesar; Passerini, Katia; Bartolacci, Michael; Kulturel-Konak, Sadan

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