Presentation at 20th ICE Conference – IEEE TMC Europe Conference 23-25 June 2014, Bergamo, Italy.
Abstract: New technology-based firms have to deal with the
technology development and market search challenges at the same time. The venture emergence in technology entrepreneurship symbolizes that the new venture has been able to find the right fit for its technology and becomes an operating business. The complex nature and dynamism of technology markets suggest the need to look beyond the venture resources in order to explain how new ventures overcomes the market uncertainty towards their technological products, and become operational businesses. We use a multiple case study of three new technology-based firms to explore the use of signals as market creation strategies in the context of venture emergence. The results suggest that entrepreneurs rely on market, technology and social capital signaling to reduce the uncertainty and advance towards venture emergence. This research holds implications for researchers interested in further exploring the integration of marketing, signaling and entrepreneurship theories and for entrepreneurs interested in overcoming the market uncertainty towards their technology, products and venture performance.
Do great technological ideas make great business opportunities? Entrepreneur’...University of Stuttgart
Presentation at: 2013 IEEE International Technology Management Conference & 19th ICE Conference, At Den Hague.
How do technology-based entrepreneurs transform technological ideas into business opportunities? We explore how individual’s self-regulatory focus and institutional forces influence in the opportunity construction process. This research addresses the apparent paradox between the exploration efforts of the entrepreneur to find a use for the technological idea, with the institutional pressure advance to opportunity exploitation. We use an inductive multiple-case study with a sample of three technology-based entrepreneurs to shed some light on the phenomena. The results suggest that there is a two-stage process in the transformation of an idea into an opportunity; entrepreneur’s ability to moderate their self-regulatory focus is seen to play an important role in this process. These findings hold several implications for entrepreneurs and stakeholders interested in promoting technology-based entrepreneurship.
We summarize insights from different recent reports on what makes it challenging for corporates to work with startups. We point out that some problems might be related to how these collaborations get started, while others are connected to how they are managed. We end by suggesting different steps that can help to rethink these collaborations.
Differing Approaches to Industry-University Engagementegiegerich
Differing Approaches to Industry-University Engagement -- A Panel Introduction and Presentation at the University Industry Demonstration Partnership meeting, December 2-4, 2008, at National Academy of Sciences, Washington, DC
Do great technological ideas make great business opportunities? Entrepreneur’...University of Stuttgart
Presentation at: 2013 IEEE International Technology Management Conference & 19th ICE Conference, At Den Hague.
How do technology-based entrepreneurs transform technological ideas into business opportunities? We explore how individual’s self-regulatory focus and institutional forces influence in the opportunity construction process. This research addresses the apparent paradox between the exploration efforts of the entrepreneur to find a use for the technological idea, with the institutional pressure advance to opportunity exploitation. We use an inductive multiple-case study with a sample of three technology-based entrepreneurs to shed some light on the phenomena. The results suggest that there is a two-stage process in the transformation of an idea into an opportunity; entrepreneur’s ability to moderate their self-regulatory focus is seen to play an important role in this process. These findings hold several implications for entrepreneurs and stakeholders interested in promoting technology-based entrepreneurship.
We summarize insights from different recent reports on what makes it challenging for corporates to work with startups. We point out that some problems might be related to how these collaborations get started, while others are connected to how they are managed. We end by suggesting different steps that can help to rethink these collaborations.
Differing Approaches to Industry-University Engagementegiegerich
Differing Approaches to Industry-University Engagement -- A Panel Introduction and Presentation at the University Industry Demonstration Partnership meeting, December 2-4, 2008, at National Academy of Sciences, Washington, DC
Report of perspectives from 102 industry leaders on how they approach and value university relationships for innovative collaborations. Report from 18 high-tech sectors and businesses of all sizes
Business modelling in the fuzzy front end of innovation camera ready 29june11Sander Limonard
How to inform technological decision making in long term, networked innovation? This presentation proposes a methodology that enables decision makers in networked R&D projects to select, align and enrich strategy formation, business model identification and technology design.
Try to find out the relationship between Fuzzy Front End (FFE) Concept in the Perspective of New Concept Product and the FFE of Toyota company. We found out that TOYOTA Production System is their Innovation
This seminar gave an insider’s view on bidding for EU research funds. It focused on EU FP7 IST research instruments (IPs, STREPS etc), what they are, how they are evaluated, why bids fail and what a successful bid looks like.
Transforming Accountancy, Insurance & Legal Services with AI & DataKTN
UK Research and Innovation will invest up to £12 million in innovation projects to support the application of artificial intelligence (AI) and data technologies. Projects should aim to transform the 3 target sectors:
Accountancy
Insurance
Legal services
Find out more: https://ktn-uk.co.uk/funding/transforming-accountancy-insurance-and-legal-services-with-ai-and-data-small-projects-strand
Report of perspectives from 102 industry leaders on how they approach and value university relationships for innovative collaborations. Report from 18 high-tech sectors and businesses of all sizes
Business modelling in the fuzzy front end of innovation camera ready 29june11Sander Limonard
How to inform technological decision making in long term, networked innovation? This presentation proposes a methodology that enables decision makers in networked R&D projects to select, align and enrich strategy formation, business model identification and technology design.
Try to find out the relationship between Fuzzy Front End (FFE) Concept in the Perspective of New Concept Product and the FFE of Toyota company. We found out that TOYOTA Production System is their Innovation
This seminar gave an insider’s view on bidding for EU research funds. It focused on EU FP7 IST research instruments (IPs, STREPS etc), what they are, how they are evaluated, why bids fail and what a successful bid looks like.
Transforming Accountancy, Insurance & Legal Services with AI & DataKTN
UK Research and Innovation will invest up to £12 million in innovation projects to support the application of artificial intelligence (AI) and data technologies. Projects should aim to transform the 3 target sectors:
Accountancy
Insurance
Legal services
Find out more: https://ktn-uk.co.uk/funding/transforming-accountancy-insurance-and-legal-services-with-ai-and-data-small-projects-strand
Patterns and characteristics of innovation in the ICT sector lessons from suc...Ilyas Azzioui
Expert Group Meeting on Investment, Research, Development and Innovation the ICT Sector ( Tunisia, 7-8 May 2013)
Abstract
The presentation uses the concept of sectoral innovation system and argues for the importance of analyses conducted at sectoral level, because there are significant differences across economic sectors in the variables and mechanisms involved in catch-up.
Drawing on empirical evidences from research the presentation shows how innovation differs across sectors in terms of sources and patterns of technological change, appropriability conditions, knowledge base and accumulation of knowledge, and last but not least organizations and actors involved. A strong emphasis will be put on how the ICT sector differs from other sectors.
The second part of the presentation first discusses the common factors affecting catching up in six economic sectors – Telecommunications, software, automobile, pharmaceuticals, semi-conductors and agro-food- in several catching-up economies such a Brazil, India, China, Taiwan and Korea. It moves then into discussing the differences across sectors explains how the ICT sector (Telecom and Software) compares to the other sectors.
L'economia europea dei dati. Politiche europee e opportunità di finanziamento...Data Driven Innovation
L'economia europea dei dati: soluzioni politiche e giuridiche per realizzare un'economia dei dati a livello di Unione Europea, nell'ambito della strategia per il mercato unico digitale. La consultazione pubblica 'Building the European Data Economy'. Il paternariato pubblico privato (PPP) Big Data Value ed opportunità di finanziamento in Horizon 2020. L'incubatore Data Pitch: opportunità per Start-up e Piccole e Medie Imprese.
Profiling the Assistive Technology IndustryJennifer Flagg
R&D efforts are most likely to result in successful new products when marketplace needs and business viability considerations are addressed early and often throughout a project. Profiling an industry segment is one way to explore the market potential of proposed products and services. This poster introduces methods for creating industry profiles, and offers examples related to educational technologies, vision technology, and wheeled mobility.
Reference : Schilling, Melissa A. 2017. Strategic Management Of Technological Innovation. New York : McGraw-Hill Education.
http://sif.uin-suska.ac.id/
http://uin-suska.ac.id/
Technology Transfer in Pharma Industry, Technology Transfer in Pharmaceutical Industry, Pharmaceutical Technology Transfer, Pharma Tech Transfer, Naseeb basha, Pharmaceutical Tech Transfer, Naseeb basha Technology Transfer in Pharma Industry, Naseeb basha Pharmaceutical Technology Transfer
PLM 2018 - Is Openness really free? A critical analysis of switching costs fo...Karan Menon
Paper Presentation in PLM 2018
Authors:
Karan Menon, Hannu Kärkkäinen, Thorsten Wuest & Timo Seppälä
Tampere University of Technology; West Virginia University; ETLA, Finland.
In this session, the concept of technology exaptation is introduced. With examples and descriptions, it is argued that exaptation can be a valuable approach to consider new applications for existing technology projects.
This is a session done with the University of Lorraine, Nancy, in 2021.
This is a presentation that aims to help PhD students (in management research or related fields) to connect their research questions with the research method that could fit better.
The material is a combination of presentations from other colleagues, credit is explicitly stated in the slides. The presentation also contains material from research papers that are strongly suggested as follow-on readings.
This presentation includes academic material on what constitutes a contribution in academic research. It is the result of inputs from several researchers - see presentation sources for more details and follow-up reading.
In this presentation we introduce some aspects that are relevant for technology entrepreneurship. The focus is on explaining why it matters how entrepreneurs make decisions, i.e. how important it is to reduce biases. We also discuss the importance of being aware of the commercialization choices, and how the presence of incumbents or established industrial players has to be taken into account when making these choices. Finally, we discuss how a market or industry view helps to frame decisions that take into account the implications for the emergence of an industry that can contribute in the further development of the new tech-based company.
Examples are used to illustrate these choices, with a specific focus on the renewable energy and the drone industry.
Presentation on technology entrepreneurship. We use insights from the emergence of the drone industry to explain what is the contribution of new entrants in the creation a new industry. The presentation aims to discuss what can we learn from this case, trying to draw parallelisms with other situation where there has been a technology "meaning" change.
Heuristics Theorizing (Gregory & Muntermann 2014) - Paper Summary PresentationUniversity of Stuttgart
This is a presentation summary of the paper that Gregory & Muntermann wrote on Heuristics Theorizing. The presentation explains how this method could provide support to theorize when researchers are involved in a project that aims to tackle a "wicked" problem and design an artifact. The method is proposed in the context of information systems research but could also be used in other research fields.
Presentation (in Spanish) used at the event celebrated at La Salle BCN Campus in the context of the Global Entrepreneurship Week.
In the session we discussed what are real challenges for Tech-Based entrepreneurs (mostly in the ITC industries) and what are only myths. We benefited from the contributions of a great audience that helped to put in context and alight new opportunities for furhter research. Thanks!!
This article examines how entrepreneurs transform technology-based ideas into entrepreneurial opportunities through an inductive field study of six ventures. The observed difficulties of entrepreneurship promotion policies to spur technology-based ventures, has opened a debate on the need of tailored support mechanisms. Dominant perspectives of entrepreneurship that assume the ability of entrepreneurs to accurately plan the opportunity exploitation process, contrast with the limited certainty of technological ideas. This research uses the constructivist view to deepen in the complementary processes that are seen to support technology-based entrepreneur’s conceptualization of the opportunity into an objective reality. The results show how the iteration with knowledgeable peers and consensus building efforts are an essential part of the emergence of the opportunity, changing both entrepreneur's and stakeholders' perception of the initial idea. Consequently, results support the suitability, regardless of the context, to take appropriate measures to introduce social construction support mechanisms to foster technology-based entrepreneurship
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Exploring the use of signals in the venture emergence of new technology-based firms
1. Exploring the use of signals in the venture emergence of new
technology-based firms
20th ICE Conference – IEEE TMC Europe Conference
23-25 June 2014, Bergamo, Italy
Ferran Giones (fgiones@salleurl.edu)
Dr. Francesc Miralles (fmiralles@salleurl.edu)
3. 1. Introduction
• Promising technology-based firms (NTBF) often seen to
struggle in their product or service commercialization (Gans &
Stern 2003).
• Venture emergence is dependent on the ability to make the new
venture operational –> activate sales (Dimov 2010)
• Managing technology resources to produce valuable products
requires a market orientation:
• From technology as a resource, to technology as quality signal.
• Introduce demand-side view to traditional resource-based
view (Priem et al. 211) to explore the signals that could
influence on new technology-based ventures emergence.
3
4. 2. Literature review (I)
• Technology Entrepreneurship (Hsu 2008)
• Opportunity exploitation requires technology commercialization.
• Uncertainty regarding new venture products reduces survival options
(Shepherd et al. 2000).
• Resource-based view on Technology Entrepreneurship:
• Unclear influence of Human and Social Capital on venture emergence
(Dimov 2010, Tornikoski 2007).
• Limited impact of resources on the venture performance (West &
Noel 2009).
• Limited understanding on the role of customer and market
interactions, despite prior research proposals for a socio-
constructivist perspectives (Wood & McKinley 2010).
4
5. 2. Literature review (II)
• Introduce demand-side view (Priem et al. 2011)
• Heterogeneous demand -> need to create value before capture.
• Focus on factors that reduce customer uncertainty regarding the
quality of the product/service.
• Using an information perspective (Stiglitz 1985):
• Information assymmetry: producer – buyer (uncertainty).
• Propose to observe the actions (observed as signals) that convey
information on “quality” of the venture and products (signaling
theory) to explain performance (Connely et al. 2010).
• How do technology-based ventures (NTBFs) use signals? Does
it influence on the venture emergence process?
5
6. 3. Method & Data
• Exploratory approach with an inductive multiple case-study.
• Sample:
• Three Technology-based entrepreneurs (NTBFs):
• Novel technology application targeting a new market.
• Complex goods – require high commitment from buyer.
• IT industries: media, electronics and software.
• Data collection
• Interviews and secondary data to build cases.
• Interaction between data and theory (Individual case story).
6
7. 3. Description of Sample
13/04/11
Venture
Descriptive variables
Product Technology Key Resources
DigiFasTV
Value added
services to Digital
TV broadcasters
Digital TV
broadcasting
software and set top
boxes middleware
Strong network
including technology
and institutional
partners.
EcoChip
Low-consumption
circuits
Design for elastic-
clocks in integrated
circuits
Leading international
research group on
electronics
RealSecurity
Data Leakage
Prevention software
SaaS solution for
data analysis using
new proprietary
algorithms
Prior knowledge
(market and technology)
and strong software
development team
8. 4. Results (I)
• The data collected provides support for:
• Description of important information assymmetries that impact the
NTBF venture emergence process:
“you are nobodoy, you don’t have a Brand, we cannot work with you”
RealSecurity
• Signals: Convey valuable information not directly observable -> reduce
uncertainty – information assymmetry
• Built upon exisiting resources but oriented towards market attention:
product/brand awareness, contact network, patents.
• Market / Social Capital / Technology signals
“ the biggest challenge is to communicate our product, its benefits” DigiFasTV
• Strategic usage of signals -> goal oriented:
• Difference between signal combination depending on whether in
exploration or exploitation stage of opportunity.
8
9. 4. Results (II)
13/04/11
Venture
Signals and related actions towards Venture Emergence
Opportunity Exploration Opportunity Exploitation
DigiFasTV
Social Capital and Technology
signals
Market and Social Capital signals
Networking and Patenting actions
Brand building and pilot
experiment actions
EcoChip
Technology signals
Social Capital and Technology
signals
Patenting and research actions
VC endorsement and research
advances actions
RealSecurity
Market and Technology signals Social Capital and Market signals
Brand building and promotion of
technology updates actions
Networking and beta customers
actions
10. 5. Discussion and implications
• Findings provide support for the introduction of complementary
theoretical perspectives to RBV on venture emergence.
• Insights link with innovation and new product development literature
(Frischammar et al. 2012).
• Provide evidences of the impact of social interactions during opportunity
development (Wood & McKinley 2010).
• Further research could advance in the understanding on signal selection
and signal portfolios by entrepreneurs to address market uncertainty.
• Implications:
• Identification of alternative factors that have an effect on the NTBF’s venture
emergence process.
• Contribution to further integration between marketing and entrepreneurship
literature.
• Provide guidelines on factors influencing venture emergence to entrepreneurs,
investors and stakeholders.
10
11. 6. Conclusions
• New technology-based firms venture emergence can not be
explained solely by studying the resources.
• The technology commercialization challenge can be described as an
information assymmetry problem.
• Signals that convey information on the “quality”, help to mitigate
uncertainty and favour the early sales -> venture emergence.
• Data shows that different type of signals are used, and that they
could be adjusted depending on the opportunity development
stage.
• Evidence of the research opportunities related to the introduction
of demand-side view: marketing & entrepreneurship theories.
11