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Startup time, innovation and organizational emergence: A study of USA-based international technology ventures

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  • John Stayton

    (Sonoma State University)

  • Vincent Mangematin

    (Grenoble Ecole de Management)

Abstract

The acceleration of new technology venture launch and growth is an important and rapidly growing field of practice for university-based accelerators, incubators, and technology transfer offices. Based on four comparative case studies of fast-launching clean tech startups in the USA (two of which were university-affiliated), this paper explains how some technology startups are able to develop innovative products, form organizations, internationalize, and release products into global markets very rapidly, and highlights implications for university-sourced ventures. Findings show that two processes, “product emergence” and “organization emergence,” have to be managed strategically, with time as a critical variable to be considered. This paper suggests that there are dynamic tensions between temporal, financial, and human resources in the technology startup process. To start up quickly, the new international technology venture compresses two parallel timelines: product launch and organization launch, which can also accelerate the internationalization process. This study identifies the organizational formation pivot as a risky but necessary transition from a lean, informal, fast-paced technology development project to a structured, legally compliant organization, in the case of a university-sourced venture fully independent from the university that spawned it, that can be trusted for transactions and investment.

Suggested Citation

  • John Stayton & Vincent Mangematin, 2016. "Startup time, innovation and organizational emergence: A study of USA-based international technology ventures," Journal of International Entrepreneurship, Springer, vol. 14(3), pages 373-409, September.
  • Handle: RePEc:kap:jinten:v:14:y:2016:i:3:d:10.1007_s10843-016-0183-y
    DOI: 10.1007/s10843-016-0183-y
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    2. James A. Cunningham & Paul O’Reilly & Brendan Dolan & Conor O’Kane & Vincent Mangematin, 2016. "Publicly funded principal investigators allocation of time for public sector entrepreneurship activities," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 383-408, December.
    3. Katarzyna Rostek & Agnieszka Skala, 2018. "Segmentation Analysis For Polish Digital Startups in Years 2015 and 2016 (Analiza segmentacyjna polskich startupow cyfrowych w latach 2015–2016)," Research Reports, University of Warsaw, Faculty of Management, vol. 1(26), pages 55-67.
    4. John Stayton & Vincent Mangematin, 2019. "Seed accelerators and the speed of new venture creation," The Journal of Technology Transfer, Springer, vol. 44(4), pages 1163-1187, August.
    5. Aaldering, Lukas Jan & Song, Chie Hoon, 2021. "Of leaders and laggards - Towards digitalization of the process industries," Technovation, Elsevier, vol. 105(C).
    6. Donaldson, Colin & Mateu, Guillermo, 2021. "New venture creation: a systematic review of associated literature," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 15(1), pages 56-79.

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