Start-up entrepreneurs' key concerns on path of entrepreneurial innovation

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

Although start-ups are expected to be critical driving force for the European economy, many challenges during the start-up innovation process hinder the introduction and diffusion of these entrepreneurial innovations. This paper describes a case study the aims to explain concerns that start-up entrepreneurs experience during the start-up innovation process. Study is based on the interviews of 34 entrepreneurs who aim to introduce technology-based innovation to the markets and scale their business internationally. Our findings show that challenges and needs of the start-ups differ in the different phases of the start-up innovation process. For example, entrepreneurs experience the lack of business and strategic competence an issue in the early phase of the development, which however is not expressed to be a concern when new venture starts scaling its business to global markets. Nevertheless, findings highlight that fundraising is major concern for entrepreneurs regardless of the phase of innovation process.
Original languageEnglish
Title of host publication 2015 XXVI ISPIM Innovation Conference
PublisherInternational Society for Professional Innovation Management ISPIM
ISBN (Print)978-952-265-779-4
Publication statusPublished - 2015
MoE publication typeA4 Article in a conference publication
EventXXVI ISPIM Conference: Shaping the Frontiers of Innovation Management - Budapest, Hungary
Duration: 14 Jun 201517 Jun 2015

Conference

ConferenceXXVI ISPIM Conference
CountryHungary
CityBudapest
Period14/06/1517/06/15

Fingerprint

Entrepreneurs
Innovation process
Innovation
Start-up
Start-ups
Scaling
Driving force
Global market
New ventures
Fund raising

Keywords

  • innovation
  • entrepreneur
  • Slush
  • accelerate
  • business
  • start-up

Cite this

Wallin, A., Still, K., & Komi, M. (2015). Start-up entrepreneurs' key concerns on path of entrepreneurial innovation. In 2015 XXVI ISPIM Innovation Conference International Society for Professional Innovation Management ISPIM.
Wallin, Arto ; Still, Kaisa ; Komi, Marjaana. / Start-up entrepreneurs' key concerns on path of entrepreneurial innovation. 2015 XXVI ISPIM Innovation Conference. International Society for Professional Innovation Management ISPIM, 2015.
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Wallin, A, Still, K & Komi, M 2015, Start-up entrepreneurs' key concerns on path of entrepreneurial innovation. in 2015 XXVI ISPIM Innovation Conference. International Society for Professional Innovation Management ISPIM, XXVI ISPIM Conference, Budapest, Hungary, 14/06/15.

Start-up entrepreneurs' key concerns on path of entrepreneurial innovation. / Wallin, Arto; Still, Kaisa; Komi, Marjaana.

2015 XXVI ISPIM Innovation Conference. International Society for Professional Innovation Management ISPIM, 2015.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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T1 - Start-up entrepreneurs' key concerns on path of entrepreneurial innovation

AU - Wallin, Arto

AU - Still, Kaisa

AU - Komi, Marjaana

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PY - 2015

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N2 - Although start-ups are expected to be critical driving force for the European economy, many challenges during the start-up innovation process hinder the introduction and diffusion of these entrepreneurial innovations. This paper describes a case study the aims to explain concerns that start-up entrepreneurs experience during the start-up innovation process. Study is based on the interviews of 34 entrepreneurs who aim to introduce technology-based innovation to the markets and scale their business internationally. Our findings show that challenges and needs of the start-ups differ in the different phases of the start-up innovation process. For example, entrepreneurs experience the lack of business and strategic competence an issue in the early phase of the development, which however is not expressed to be a concern when new venture starts scaling its business to global markets. Nevertheless, findings highlight that fundraising is major concern for entrepreneurs regardless of the phase of innovation process.

AB - Although start-ups are expected to be critical driving force for the European economy, many challenges during the start-up innovation process hinder the introduction and diffusion of these entrepreneurial innovations. This paper describes a case study the aims to explain concerns that start-up entrepreneurs experience during the start-up innovation process. Study is based on the interviews of 34 entrepreneurs who aim to introduce technology-based innovation to the markets and scale their business internationally. Our findings show that challenges and needs of the start-ups differ in the different phases of the start-up innovation process. For example, entrepreneurs experience the lack of business and strategic competence an issue in the early phase of the development, which however is not expressed to be a concern when new venture starts scaling its business to global markets. Nevertheless, findings highlight that fundraising is major concern for entrepreneurs regardless of the phase of innovation process.

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Wallin A, Still K, Komi M. Start-up entrepreneurs' key concerns on path of entrepreneurial innovation. In 2015 XXVI ISPIM Innovation Conference. International Society for Professional Innovation Management ISPIM. 2015