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Comparing successful and less successful new innovative businesses

  • This contribution offers a conceptual framework for the analysis of innovative business start-ups. This framework mainly draws on transaction cost theory. On basis of a broad empirical study of 52 hightech business start-ups in Germany the fruitfulness of the transaction cost approach with respect to research on innovation is demonstrated. Transaction cost theory gives valuable hints for the interpretation of the personal role of the entrepreneur as well as for the economic evaluation of the entrepreneurial idea. Special importance refers to the results on the organization of market transactions as a decisive determinant of economic success of innovative business start-ups.

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Metadaten
Author:Dietram SchneiderGND, Arnold Picot, Ulf Dieter Laub
URN:urn:nbn:de:bvb:19-epub-6827-3
DOI:https://doi.org/10.1016/0377-2217(90)90278-J
Identifier:0377-2217 OPAC HS OPAC extern
Parent Title (English):European Journal of Operational Research
Document Type:Article
Language:English
Year of first Publication:1990
Tag:Innovation; Start up; Unternehmensgründung
Volume:47
Issue:2
Number of pages:13 Seiten
First Page:190
Last Page:202
Institutes:Fakultät Betriebswirtschaft
Research focus:Eigenständige Forschungsfelder
Publication Lists:Schneider, Dietram
Publication reviewed:begutachtet
Release Date:2022/02/11
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