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2018 | OriginalPaper | Buchkapitel

The Semantics of Entrepreneurial Learning in New Technology-Based Firms

Evaluating NTBFs’ Entrepreneurial Progress Using Content Analysis of Business Plans

verfasst von : Marc König, Christina Ungerer, Guido Baltes

Erschienen in: Technology Entrepreneurship

Verlag: Springer International Publishing

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Abstract

New Technology-Based Firms (NTBFs) learn their business in the early-stages of their life-cycle. As a central element of the entrepreneurial learning process, the business model describes the value-creation functions that are conceptualized in different stages of the NTBF’s life-cycle. Transaction relations connect the model with the business reality and ideally mature in strength over time to a functioning value-network. This chapter describes the development of a research design that determines, extracts, and evaluates semantics constructs of this entrepreneurial learning out of a convenient sample and three cohorts of business plans submitted to a business plan award between 2008 and 2010. The analysis shows empirical evidence for the survival and growth of those NTBFs that exhibit a balanced status of entrepreneurial learning in the maturity of the value-network that can be characterized as early startup-stage. The empirical findings of the network theory based business plan analysis will allow for a better explanation of the performance in the entrepreneurial process that is discussed for NTBFs based on theory of organizational learning.

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Titel: The Semantics of Entrepreneurial Learning in New Technology-Based Firms
verfasst von: Marc König
Christina Ungerer
Guido Baltes
Verlag: Springer International Publishing
Buch: Technology Entrepreneurship
Print ISBN: 978-3-319-73508-5

Electronic ISBN: 978-3-319-73509-2

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-3-319-73509-2_1