A Framework for assessing innovation in e-Business Start-

ups

Lounis Stavros

Supervisor: Prof. Georgios I. Doukidis

MSc in ICT Systems - October 2011

Angel for a Day…

Angel for Life? >250 e-Business Proposals / Year Fund 1 / Year ? Innovation ?

Concentrate on innovation

2 e-Business Proposals

250.000 € to Fund Start-up

Is this addressed ?

Short answer

Can we address it?

, NO.

Innovation Factors

“Identify and Synthesize parameters that illustrate innovation and innovative behavior in e-business start-ups”

30 Journals, 92 Publications, 1943 – 2011

The Innovation Framework

Qualitative Analysis

Focus Group, Youth Entrepreneurship Summer Program, Dept. of Management Science & Technology, AUEB

8 constructed e-business scenarios

20 Identified Innovation Factors

3 Unidentified Innovation Factors

Data Collection - e-nnovation 2011 - 131 Items -53 e-Business Proposals.

Quantitative Analysis

F.1 - I.D.1 : Radical InnovationF.4 - I.D.2 : Incremental Inn.F.2 - I.D.3 : Business Model Inn.F.3 - I.D.4 : Customer Driven Inn.

Multivariate Regression Analysis Innovation

Dimensions Radical Innovation Dimension

Incremental Innovation Dimension

Business Model Innovation Dimension

Customer Driven Innovation Dimension

Multivariate Regression Analysis Innovation

Framework

Innovation Factors / Dimension, loading > 0.600

Model Beta Std. Coefficients

1 (Constant) -

ID1 : Radical Innovation .235

ID2 : Incremental Innovation .466

ID3 : Business Model Innovation .097

ID4 : Customer Driven Innovation .301

Conclusions - Future

22 Innovation Factors for e-Business Start-ups

4 Innovation Dimensions

Innovation Framework for identification of innovation in e-business start-ups

Theoretical – Managerial Implications

Future. “Stay hungry. Stay foolish”

Thank You