Scaling at the right time is a critical challenge for high-growth startups. Given the paucity of research on this phenomenon, we begin by conceptualizing scaling as the post-experimentation phase where startups employ resources to implement their business idea. As startups hire professional...

Business model innovation is critical to firm survival and success. Digital revolution has reshaped value-creation methods in recent years, spawning various novel business models. However, we still have limited understanding of how a start-up's business model innovation efforts translate into...

How do you value companies which have IPOed recently? How do you compare them amongst their peers? Valuing companies using a linear extrapolation of their revenues and profits leads to an ingenious method to benchmark stocks against each other. Here we present such a method, dubbed the growth...

This study examines the innovation process through the interrelationships of entrepreneurial orientation (EO) dimensions in an emerging economy. Using a five-point Likert scale, we adopt a survey approach to measure individuals' EO dimensions and explore the relationship between proactiveness,...

Despite the number of entrepreneurial programs undertaken by governments and non-profits, the growing population of Africa is still struggling. Traditional models of entrepreneurship and innovation were tailored for industrialized economies. Developing world and Africa face different...

This paper reviews the literature on incubators in developed and developing countries. We show that the concept of incubators has evolved in time according to market and firm needs. Contemporary successful incubators are profit-oriented, provide a wide range of services, focus more on intangible...

Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form corporate ventures. Based on a sample of corporate and independent ventures in German manufacturing, we show that corporate ventures are more innovative than the control group, i.e. the...

This paper examines the association between the outcome of business incubation and the resources used by incubators, by using a small panel of science and technology business incubators (STBIs) in China. We find that while the number of firms graduating from an STBI is closely correlated with...

The recent 'scientification' of commercial technology has brought the interface between universities and industry into sharp focus. In particular, academic entrepreneurship, i.e., the variety of ways in which academics take direct part in the commercialization of research, is widely discussed....