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Measuring venture emergence and survival by analyzing transaction relations in business plans: UUsing network theory constructs and computer-based content analysis to determine the VE status and survival capability of NTBFs

  • Christina Ungerer
  • , Marc Konig
  • , Ferran Giones
  • , Guido Baltes

    Research output: Book chapterConference contributionpeer-review

    1 Citation (Scopus)

    Abstract

    This paper broadens the resource-based approach to explaining survival of new technology-based firms (NTBFs) by focusing on the entrepreneur's ability to transform resources in response to triggers resulting from market interactions. Network theory is used to define a construct that allows determining the status of venture emergence (VE).The operationalization of the VE construct is built on the firm's value network maturity 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, a multi-step combined human and computer coding process has been developed to empirically determine NTBFs' status of VE.Results of the business plan analysis suggests that the level of transaction relations allows to draw conclusions on the status of VE. Moreover, applying the developed process, a business plan coding test shows that the transaction relation based VE status significantly relates to NTBFs' survival capabilities.

    Original languageEnglish
    Title of host publication2016 International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016 - Proceedings
    EditorsKjetil Kristensen, Robert Bierwolf, David Romero, Pekka Abrahamsson
    PublisherInstitute of Electrical and Electronics Engineers Inc.
    ISBN (Electronic)9781509029358
    DOIs
    Publication statusPublished - Jun 2016
    Event22nd International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016 - Trondheim, Norway
    Duration: 13 Jun 201615 Jun 2016

    Publication series

    Name2016 International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016 - Proceedings

    Conference

    Conference22nd International Conference on Engineering, Technology and Innovation/IEEE lnternational Technology Management Conference, ICE/ITMC 2016
    Country/TerritoryNorway
    CityTrondheim
    Period13/06/1615/06/16

    Keywords

    • Business plan
    • Content analysis
    • Measurement methods
    • Transaction relations
    • Venture emergence

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