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Research overview

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Hello I wanted to give a general overview of some of the entrepreneurship research I've been working on and this overview is meant for a general audience so I have in mind prospective Ph.D. applicants and and just kind of explain things in a more general terms so overall i been working on the influence of the broader environment on entrepreneurship so there's been a lot of talk recently especially in silicon valley about the business model and how you need to know about the value proposition customer segments you're talking about key activities and key partners and so one way to think about the research that i've been working on his own been trying to looked a bit that the arm broader environment and how that impacts the optimal type of business model and to accounting team so this could include the institutions universities social norms or could also include the industry or the market stage as well as things like social movements are stakeholders and how these external environmental influences shape the search for a business model So in looking at this broader environment i'm looking at things that range from the formal to the informal so under the formal category we're talking about things like policies informal category were talking about things more like culture and social norms the internet in between these two categories of also been looking at how the industry context shapes entrepreneurship so these things obviously all have influences on one another as well and so there's a complex interplay here around trying to take sort of one piece of this at a time and i understand it one thing i've been looking at is environment mental influences on what type of business model you might get and how this works so one aspect is attracting talent to opt for russia through series of papers here where i look at how the policy environment can actually shape the characteristics of those who choose to become much printers and so it shows through a series of papers both in the chinese context the japanese contacts and also in the u_s_ how certain policies either at the national of all over at the university level can actually encourage more of the best and brightest to become entrepreneurs plus a look at how the broader environmental influences business models that are more based on innovation and technology rather than business models that are more low-tech or small business secure got some work with pc students including general reno's sanjay and really that look at the role of home government institutions such as science parks and public funding for university are indeed as well as a study of the US context that looks at MIT in particular and finally hear also down a bit of work looking at business models that are based on a new technology verses business models that are more based on relationships and it turns out the broader institutional environment can play a role in this as we move from more centrally planned in controlled economies do more free-market institutions you see a corresponding change in business models in start-ups that are based more on relationships or other government connection to business models that are more based on a nation in the new technology and competing in the market also looked at how the environment influences the optimal configuration of the business model in a startup so this might include influences on the optimal founding team when things have looked at here is first time on turner's versus serial trainers search has out there certain circumstances and environments where first time on turner's actually do better if it's a brand new market or there's been an industry disruptions such as the dot com boom then everyone's on a more local playing field and first-time entrepreneurs out more of an advantage however if the entrepreneurs in the same market and uh... industry in the markets relatively stable technologies relatively stable them prior to your instead if it's you more and serial entrepreneurs have a greater advantage have also been looking at how the diverse skills or technology focus of the founding team can be optimal and so here are using data from a set of MIT alumni in with co-authors that Wharton and MIT we find that the optimal founding team composition depends on the industry context so if you're doing something high-tech or in an industry where you typically partner with the existing incumbents then it can be better to have more technically focus on the founding team where they have all engineers on the other hand if you're competing in the product market at with incumbents or pursuing more of a low-tech ur imitator strategy the new more diverse founding team that has not only engineers but people who have expertise in sales and marketing or in distribution partnerships Finally, I look at innovation and we look at the context in which having a business model that includes good new technical ideas is complimentary to having individuals on the founding team that also have experience in organisational arrangements and partnerships that you need to bring innovation in the market so we've been looking at these complimentary relationships between the different aspects of the business model in the literature named final stream of work that i tom had been working on is the influence of stakeholders in social movements on the business model and so it could take your own been interested in how stakeholders and social movements can pressure continues in their business models to direct your attention to innovation in completion clean energy cleaning up the the environmental impact and so is a stream of papers here showing that it is possible for the stakeholders to put pressure on firms actually innovate more in the direction of clean energy and create business models that have less of a negative impact on the environment so for all the prior working or international roughly had mainly focused on who becomes an entrepreneur looking for a kind of a set of criteria and my work is showing that you can't find one single set of criteria that it depends in part on the broader environment in institutional environment that shapes which characteristics of people become entrepreneurs most of the literature had also been in a very well developed US or European context and so i try to push that morning the direction of developing markets an emerging economies like china and looking at whether these types of economies have a different startup process or what the role of that on changing institutional context it is and then a lot of the previous work had also been correlational rather than looking for causal factors and most of my work tends to use natural experiments or policy changes where we can try and get more at what they're causal factors are here and so again i've looked at the influence of the broader environmental international can business models and conclusion i found that start-ups are influenced by the broader industry in policy environment or institutions can increase high-tech high-growth forms of startups and that the business model search is shaped by the environment that surrounds the entrepreneur in important ways that we can influence.

Video Details

Duration: 8 minutes and 45 seconds
Country: United States
Language: English
Views: 52
Posted by: ceesley on Apr 10, 2012

Overview of my research

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