Reliably Reading Venture Survival from the Business Plan Determining Venture Emergence and Survival with Computer-Based Content Analysis of Business Plan Texts
C. Ungerer, M. Konig, F. Giones, and G. Baltes. (2016)22nd ICE/IEEE International Technology Management Conference : Bringing Forward the International Agendas for Entrepreneurship, Innovation, Technology & Engineering Management: Women & STEM Leadership, User-Driven & Frugal Innovations and Tech Startups, ICE/ITMC ; Conference date: 13-06-2016 Through 15-06-2016.
Abstract
This paper builds uponthe widely-used resource-based approach to explaining survival of new technology-based firms (NTBFs).However, instead of looking at the NTBF’s initial resource configuration, a process-oriented perspective is takenby focusing onthe entrepreneur’s ability to transform resources in response to triggers resulting from market interactions. Transaction relationsreflectthese interactionsand arethus operationalized with a suggested methodfor measuringthe status of venture emergence(VE)applicableto early-stage NTBFs.NTBFs’ value networkmaturity is reflected in thenumber and strength of their transaction relations in the four market dimensions customer, investor, partner, and human resource.Business plans of NTBFs represent the artifact that contains this data in the form of transaction relation descriptions. Using content analysis, amulti-step combined human andcomputer coding process has been developed to annotate and classify transaction relations from business plans in order to empirically determine NTBFs’ status of VE.Results of thebusiness plan analysis suggest that the level of transaction relations allows to draw conclusions on the VE status. Moreover, applying the developed process,first analysis of a business plan coding test shows that the transaction relation based VE status significantly relates to NTBF survival capability Reliably Reading Venture Survival from the Business Plan Determining Venture Emergence and Survival with Computer-Based Content Analysis of Business Plan Texts.
22nd ICE/IEEE International Technology Management Conference : Bringing Forward the International Agendas for Entrepreneurship, Innovation, Technology & Engineering Management: Women & STEM Leadership, User-Driven & Frugal Innovations and Tech Startups, ICE/ITMC ; Conference date: 13-06-2016 Through 15-06-2016
%0 Generic
%1 b31572dc243c47a7af8791ee18f71bed
%A Ungerer, Christina
%A Konig, Marc
%A Giones, Ferran
%A Baltes, Guido
%D 2016
%K business emergence, plan, relations transaction venture
%T Reliably Reading Venture Survival from the Business Plan Determining Venture Emergence and Survival with Computer-Based Content Analysis of Business Plan Texts
%U http://www.ice-conference.org
%X This paper builds uponthe widely-used resource-based approach to explaining survival of new technology-based firms (NTBFs).However, instead of looking at the NTBF’s initial resource configuration, a process-oriented perspective is takenby focusing onthe entrepreneur’s ability to transform resources in response to triggers resulting from market interactions. Transaction relationsreflectthese interactionsand arethus operationalized with a suggested methodfor measuringthe status of venture emergence(VE)applicableto early-stage NTBFs.NTBFs’ value networkmaturity is reflected in thenumber and strength of their transaction relations in the four market dimensions customer, investor, partner, and human resource.Business plans of NTBFs represent the artifact that contains this data in the form of transaction relation descriptions. Using content analysis, amulti-step combined human andcomputer coding process has been developed to annotate and classify transaction relations from business plans in order to empirically determine NTBFs’ status of VE.Results of thebusiness plan analysis suggest that the level of transaction relations allows to draw conclusions on the VE status. Moreover, applying the developed process,first analysis of a business plan coding test shows that the transaction relation based VE status significantly relates to NTBF survival capability Reliably Reading Venture Survival from the Business Plan Determining Venture Emergence and Survival with Computer-Based Content Analysis of Business Plan Texts.
@conference{b31572dc243c47a7af8791ee18f71bed,
abstract = {This paper builds uponthe widely-used resource-based approach to explaining survival of new technology-based firms (NTBFs).However, instead of looking at the NTBF{\textquoteright}s initial resource configuration, a process-oriented perspective is takenby focusing onthe entrepreneur{\textquoteright}s ability to transform resources in response to triggers resulting from market interactions. Transaction relationsreflectthese interactionsand arethus operationalized with a suggested methodfor measuringthe status of venture emergence(VE)applicableto early-stage NTBFs.NTBFs{\textquoteright} value networkmaturity is reflected in thenumber and strength of their transaction relations in the four market dimensions customer, investor, partner, and human resource.Business plans of NTBFs represent the artifact that contains this data in the form of transaction relation descriptions. Using content analysis, amulti-step combined human andcomputer coding process has been developed to annotate and classify transaction relations from business plans in order to empirically determine NTBFs{\textquoteright} status of VE.Results of thebusiness plan analysis suggest that the level of transaction relations allows to draw conclusions on the VE status. Moreover, applying the developed process,first analysis of a business plan coding test shows that the transaction relation based VE status significantly relates to NTBF survival capability Reliably Reading Venture Survival from the Business Plan Determining Venture Emergence and Survival with Computer-Based Content Analysis of Business Plan Texts.},
added-at = {2024-07-02T11:28:25.000+0200},
author = {Ungerer, Christina and Konig, Marc and Giones, Ferran and Baltes, Guido},
biburl = {https://puma.ub.uni-stuttgart.de/bibtex/2f12e9f5478bbc4674c7fc66342282cf1/ferrangiones},
interhash = {99a7380950ac004562916319304cf0b2},
intrahash = {f12e9f5478bbc4674c7fc66342282cf1},
keywords = {business emergence, plan, relations transaction venture},
language = {English},
note = {22nd ICE/IEEE International Technology Management Conference : Bringing Forward the International Agendas for Entrepreneurship, Innovation, Technology & Engineering Management: Women & STEM Leadership, User-Driven & Frugal Innovations and Tech Startups, ICE/ITMC ; Conference date: 13-06-2016 Through 15-06-2016},
timestamp = {2024-07-02T11:28:25.000+0200},
title = {Reliably Reading Venture Survival from the Business Plan Determining Venture Emergence and Survival with Computer-Based Content Analysis of Business Plan Texts},
url = {http://www.ice-conference.org},
year = 2016
}