Synonyms
Definition
Startup refers to a new business unit by a newcomer. It is the beginning of a human organization that may have one or more persons who want to start a scalable and sustainable business unit under extreme uncertainties. A business unit may have many phases in its life. Startup is the phase from “ideation” to the phase of “product launch” in the life of a business unit. In other words, we may define that the startup phase is the phase from conception to early or beginning stage of a business unit.
Introduction
Entrepreneurship is closely associated with economic development and it takes risks associated with starting a new business unit. Entrepreneurship passes through different stages. The first one is called the startup stage. Once the business becomes well established, it passes the startup phase. The beginning phase is the most crucial and is characterized by many challenges including the arrangement of...
This is a preview of subscription content, log in via an institution.
References
Acs ZJ, Desai S, Hessels J (2008) Entrepreneurship, economic development and institutions. Small Bus Econ 31(3):219–234
Begley TM, Boyd DP (1987) Psychological characteristics associated with performance in entrepreneurial firms and smaller businesses. J Bus Ventur 2(1):79–93
Brown T, Wyatt J (2010) Design thinking for social innovation. Dev Outreach 12(1):29–43
Bruno AV, Leidecker JK (1988) Causes of new venture failure: 1960s vs. 1980. Bus Horiz 31(6):51–56
Chandra P, Srivastav S, Shah B (2003) Innovation, incubation, and incubator. Vikalpa 28(2):89–94
Chye Koh H (1996) Testing hypotheses of entrepreneurial characteristics: a study of Hong Kong MBA students. J Manag Psychol 11(3):12–25
Conti A, Thursby J, Thursby M (2013) Patents as signals for startup financing. J Ind Econ 61(3):592–622
Davila A, Foster G, Gupta M (2003) Venture capital financing and the growth of startup firms. J Bus Ventur 18(6):689–708
Dean BV, Giglierano JJ (1990) Multistage financing of technical start-up companies in Silicon Valley. J Bus Ventur 5(6):375–389
Dellermann D, Lipusch N, Ebel P, Popp KM, Leimeister JM (2017) Finding the unicorn: predicting early-stage startup success through a hybrid intelligence method. In: International Conference on Information Systems (ICIS). Seoul, South Korea. Available at SSRN: http://dx.doi.org/10.2139/ssrn.3159123
Dickson PH, Solomon GT, Weaver KM (2008) Entrepreneurial selection and success: does education matter? J Small Bus Enterp Dev 15(2):239–258
Eisenmann TR, Ries E, Dillard S (2012) Hypothesis-Driven Entrepreneurship: The Lean Startup. Harvard Business School Entrepreneurial Management Case No. 812-095. Available at SSRN: https://ssrn.com/abstract=2037237
Ge D, Mahoney JM, Mahoney JT (2005) New venture valuation by venture capitalists: an integrative approach. University of Illinois at Urban Champaign Working Paper, 124, 05-0124
Gil W, Sim Y, Kim S (2016) Study of startup policy of government research institute through importance-satisfaction analysis of ETRI pre-startup support program. Asia-Pacific J Bus Ventur Entrep 11(5):45–56
Gollakota K, Gupta V (2006) History, ownership forms and corporate governance in India. J Manag Hist 12(2):185–198
Joglekar NR, Lévesque M (2009) Marketing, R&D, and startup valuation. IEEE Trans Eng Manag 56(2):229–242
Kent CA, Sexton DL, Vesper KH (1982) Encyclopedia of entrepreneurship. The University of Illinois at Urbana-Champaign’s Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Littunen H (2000) Entrepreneurship and the characteristics of the entrepreneurial personality. Int J Entrep Behav Res 6(6):295–310
Maital S, Ravid S, Seshadri DVR, Dumanis A (2008) Toward a grounded theory of effective business incubation. Vikalpa 33(4):1–14
Martin R, Martin RL (2009) The design of business: why design thinking is the next competitive advantage. Brighton, Massachusetts, USA: Harvard Business Press
Matlay H (2006) Researching entrepreneurship and education: part 2: what is entrepreneurship education and does it matter? Educ Train 48(8/9):704–718
Milanesi GS, Pesce G, El Alabi E (2013) Technology-based startup valuation using real options with Edgeworth expansion. J Financ Account 1(2):54–61
Miloud T, Aspelund A, Cabrol M (2012) Startup valuation by venture capitalists: an empirical study. Ventur Cap 14(2–3):151–174
Moogk DR (2012) Minimum viable product and the importance of experimentation in technology startups. Technol Innov Manag Rev 2(3)
Müller RM, Thoring K (2012) Design thinking vs. lean startup: a comparison of two user-driven innovation strategies. Leading Through Design 151:91–106
Nobel C (2011) Why companies fail–and how their founders can bounce back. Boston, USA: Harvard Business School
Osterwalder A, Pigneur Y (2010) Business model generation: a handbook for visionaries, game-changers, and challengers. Hoboken, New Jersey, USA: Wiley
Ries E (2009) Minimum viable product: a guide. Startup lessons learned
Tobak S (2014) (9). Reasons why most startups fail. Entrepreneur.com
Toma SG, Grigore AM, Marinescu P (2014) Economic development and entrepreneurship. Procedia Econ Finance 8:436–443
Van Osnabrugge M, Robinson RJ (2000) Angel investing: matching startup funds with startup companies – the guide for entrepreneurs and individual investors. Hoboken, New Jersey, USA: Wiley
Wennekers S, Van Wennekers A, Thurik R, Reynolds P (2005) Nascent entrepreneurship and the level of economic development. Small Bus Econ 24(3):293–309
Zhou H, Sandner PG, Martinelli SL, Block JH (2016) Patents, trademarks, and their complementarities in venture capital funding. Technovation 47:14–22
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Section Editor information
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this entry
Cite this entry
Jain, T.K., Jain, N. (2020). Creating Sustainable Business Ventures and Startups. In: Leal Filho, W., Azul, A., Brandli, L., Lange Salvia, A., Wall, T. (eds) Affordable and Clean Energy. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71057-0_28-1
Download citation
DOI: https://doi.org/10.1007/978-3-319-71057-0_28-1
Received:
Accepted:
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-71057-0
Online ISBN: 978-3-319-71057-0
eBook Packages: Springer Reference Earth and Environm. ScienceReference Module Physical and Materials ScienceReference Module Earth and Environmental Sciences