Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods Investigation
Innovative technology enterprises are recognized internationally as an important pillar in modern economic activity. This paper presents the findings from a research combining qualitative and quantitative methods, with the specific goal of identifying and verifying the characteristics that affect th...
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-07-01
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| Series: | Administrative Sciences |
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| Online Access: | https://www.mdpi.com/2076-3387/10/3/39 |
| _version_ | 1797563021124435968 |
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| author | Stelios Eliakis Dimosthenis Kotsopoulos Angeliki Karagiannaki Katerina Pramatari |
| author_facet | Stelios Eliakis Dimosthenis Kotsopoulos Angeliki Karagiannaki Katerina Pramatari |
| author_sort | Stelios Eliakis |
| collection | DOAJ |
| description | Innovative technology enterprises are recognized internationally as an important pillar in modern economic activity. This paper presents the findings from a research combining qualitative and quantitative methods, with the specific goal of identifying and verifying the characteristics that affect their survival and growth. Results from an in-depth longitudinal qualitative case study, that examines a mature and constantly growing (in its 10-year operation) technologically innovative enterprise, reveal that a number of characteristics pertaining to both the profile of the entrepreneurial team, as well as of the employees, significantly affect company survival and growth in this context. Moreover, we recognize and analyze three stages in its evolution: an initial “evolutionary” growth (infancy and youth), followed by a “revolutionary” (crisis), and a second “evolutionary” (maturity) stage. Our findings are further corroborated and enriched through a survey with N = 27 entrepreneurs in innovative technology startups. We contribute to existing literature on innovative technology entrepreneurship, by identifying characteristics that entrepreneurs and employees should bear, towards its survival and growth. Moreover, a practical application of the life cycle approach is described for technologically innovative companies. Finally, a specific prescription that can help guide future theoretical and practical endeavors in innovative technology entrepreneurship is also provided accordingly. |
| first_indexed | 2024-03-10T18:36:37Z |
| format | Article |
| id | doaj.art-86419cf248fb40349ea89fc727ecadc5 |
| institution | Directory Open Access Journal |
| issn | 2076-3387 |
| language | English |
| last_indexed | 2024-03-10T18:36:37Z |
| publishDate | 2020-07-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Administrative Sciences |
| spelling | doaj.art-86419cf248fb40349ea89fc727ecadc52023-11-20T06:12:25ZengMDPI AGAdministrative Sciences2076-33872020-07-011033910.3390/admsci10030039Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods InvestigationStelios Eliakis0Dimosthenis Kotsopoulos1Angeliki Karagiannaki2Katerina Pramatari3ELTRUN e-Business Research Center, Department of Management Science and Technology, Athens University of Economics and Business, 10434 Athens, GreeceELTRUN e-Business Research Center, Department of Management Science and Technology, Athens University of Economics and Business, 10434 Athens, GreeceELTRUN e-Business Research Center, Department of Management Science and Technology, Athens University of Economics and Business, 10434 Athens, GreeceELTRUN e-Business Research Center, Department of Management Science and Technology, Athens University of Economics and Business, 10434 Athens, GreeceInnovative technology enterprises are recognized internationally as an important pillar in modern economic activity. This paper presents the findings from a research combining qualitative and quantitative methods, with the specific goal of identifying and verifying the characteristics that affect their survival and growth. Results from an in-depth longitudinal qualitative case study, that examines a mature and constantly growing (in its 10-year operation) technologically innovative enterprise, reveal that a number of characteristics pertaining to both the profile of the entrepreneurial team, as well as of the employees, significantly affect company survival and growth in this context. Moreover, we recognize and analyze three stages in its evolution: an initial “evolutionary” growth (infancy and youth), followed by a “revolutionary” (crisis), and a second “evolutionary” (maturity) stage. Our findings are further corroborated and enriched through a survey with N = 27 entrepreneurs in innovative technology startups. We contribute to existing literature on innovative technology entrepreneurship, by identifying characteristics that entrepreneurs and employees should bear, towards its survival and growth. Moreover, a practical application of the life cycle approach is described for technologically innovative companies. Finally, a specific prescription that can help guide future theoretical and practical endeavors in innovative technology entrepreneurship is also provided accordingly.https://www.mdpi.com/2076-3387/10/3/39entrepreneurshipinnovativesurvivalliability of newnessorganizationalculture |
| spellingShingle | Stelios Eliakis Dimosthenis Kotsopoulos Angeliki Karagiannaki Katerina Pramatari Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods Investigation Administrative Sciences entrepreneurship innovative survival liability of newness organizational culture |
| title | Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods Investigation |
| title_full | Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods Investigation |
| title_fullStr | Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods Investigation |
| title_full_unstemmed | Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods Investigation |
| title_short | Survival and Growth in Innovative Technology Entrepreneurship: A Mixed-Methods Investigation |
| title_sort | survival and growth in innovative technology entrepreneurship a mixed methods investigation |
| topic | entrepreneurship innovative survival liability of newness organizational culture |
| url | https://www.mdpi.com/2076-3387/10/3/39 |
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