Study on leadership and innovation: clues for success in technology-related startups

This article tests different theories, as proposed by the author (Abadia 2016) and by reputed researchers such as Porter (1985), Christensen (1997) and Tellis (2006), on why some technology-related startups are successful in fast-changing environments, while well-established firms are not. To this e...

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Main Author: Alberto Abadía
Format: Article
Language:English
Published: Universidad del País Vasco (UPV/EHU) 2021-05-01
Series:Management Letters/Cuadernos de Gestión
Subjects:
Online Access:http://www.ehu.eus/cuadernosdegestion/revista/en/published-issues/articulo?year=2021&vol=21&num=2&o=9
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author Alberto Abadía
author_facet Alberto Abadía
author_sort Alberto Abadía
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description This article tests different theories, as proposed by the author (Abadia 2016) and by reputed researchers such as Porter (1985), Christensen (1997) and Tellis (2006), on why some technology-related startups are successful in fast-changing environments, while well-established firms are not. To this end, the author conducted (i) four different database statistical analyses – data aggregation, segmentation, time comparison, and linear regression/correlation – on the financial statements of a large sample population of technology-related startups, in two countries, the United States of America (USA) and Spain, and (ii) nine cases studies of particularly successful technology-related startups in four countries, the USA, Spain, China and Japan. The combination of the statistical and case studies concludes that (1) visionary leadership is a necessary condition for ‘disruptive success’, (2) disruptive or, at least, revolutionary innovation is a necessary condition for disruptive success, (3) location in specialized clusters is a critical factor in determining the rate and level of success of technology-related firms. On the other hand, the study concluded that entrepreneurs and executives should seek and exploit these three competitive elements in the stages of introduction and growth. However, in the case of the maturity stage, the emphasis should be directed towards other elements that are less elitist and volatile.
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spelling doaj.art-fd998a5114d641a3882e7969caa28e2c2022-12-21T22:08:01ZengUniversidad del País Vasco (UPV/EHU)Management Letters/Cuadernos de Gestión1131-68371988-21572021-05-0121210911810.5295/cdg.191140aaStudy on leadership and innovation: clues for success in technology-related startupsAlberto Abadía0https://orcid.org/0000-0003-2708-7321: Departamento de Administración de Empresa, Universitat Politècnica de Catalunya (UPC). Avinguda Diagonal, 647, 08028, Barcelona (España). alberto.abadia@upc.eduThis article tests different theories, as proposed by the author (Abadia 2016) and by reputed researchers such as Porter (1985), Christensen (1997) and Tellis (2006), on why some technology-related startups are successful in fast-changing environments, while well-established firms are not. To this end, the author conducted (i) four different database statistical analyses – data aggregation, segmentation, time comparison, and linear regression/correlation – on the financial statements of a large sample population of technology-related startups, in two countries, the United States of America (USA) and Spain, and (ii) nine cases studies of particularly successful technology-related startups in four countries, the USA, Spain, China and Japan. The combination of the statistical and case studies concludes that (1) visionary leadership is a necessary condition for ‘disruptive success’, (2) disruptive or, at least, revolutionary innovation is a necessary condition for disruptive success, (3) location in specialized clusters is a critical factor in determining the rate and level of success of technology-related firms. On the other hand, the study concluded that entrepreneurs and executives should seek and exploit these three competitive elements in the stages of introduction and growth. However, in the case of the maturity stage, the emphasis should be directed towards other elements that are less elitist and volatile.http://www.ehu.eus/cuadernosdegestion/revista/en/published-issues/articulo?year=2021&vol=21&num=2&o=9entrepreneurshipdisruptive innovationtechnology-related startupvisionary leadershipclusteringcorporate strategy
spellingShingle Alberto Abadía
Study on leadership and innovation: clues for success in technology-related startups
Management Letters/Cuadernos de Gestión
entrepreneurship
disruptive innovation
technology-related startup
visionary leadership
clustering
corporate strategy
title Study on leadership and innovation: clues for success in technology-related startups
title_full Study on leadership and innovation: clues for success in technology-related startups
title_fullStr Study on leadership and innovation: clues for success in technology-related startups
title_full_unstemmed Study on leadership and innovation: clues for success in technology-related startups
title_short Study on leadership and innovation: clues for success in technology-related startups
title_sort study on leadership and innovation clues for success in technology related startups
topic entrepreneurship
disruptive innovation
technology-related startup
visionary leadership
clustering
corporate strategy
url http://www.ehu.eus/cuadernosdegestion/revista/en/published-issues/articulo?year=2021&vol=21&num=2&o=9
work_keys_str_mv AT albertoabadia studyonleadershipandinnovationcluesforsuccessintechnologyrelatedstartups