Danilo Oliveira Menasche

Is bootstrapping a suitable strategy for innovation?

A cross-sectional study on the relationship between bootstrapping, innovation and the size of the founding tea

• Broschiertes Buch

Produktbeschreibung

In this paper, I investigate whether bootstrapping is a suitable funding strategy for innovation in the software industry. I argue that bootstrapping empowers innovation through creative search paths and flexibility, and that this is accelerated by the founding team's social and human capital. I performed a cross-sectional analysis of 193 Israeli startups on the innovative performance of bootstrapped firms compared to their counterparts and found surprising results. Firstly, I found that the innovative performance of software startups has no direct relationship with their funding strategy, but rather with the human capital they acquire through the chosen strategy. Secondly, I found no evidence of the founding team's moderating effect, although the results reveal that it facilitates both the funding and innovation processes of startups. The findings add a fresh perspective on entrepreneurial funding choices and emphasize the importance of human and social capital for firm innovation, growth and survival.

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Produktdetails

• Verlag: LAP Lambert Academic Publishing
• Seitenzahl: 64
• Erscheinungstermin: 3. Februar 2020
• Englisch
• Abmessung: 220mm x 150mm x 4mm
• Gewicht: 113g
• ISBN-13: 9786200285393
• ISBN-10: 620028539X
• Artikelnr.: 58727993

Autorenporträt

Danilo is an innovation enthusiast, who is constantly looking for ways to challenge and improve how companies operate and grow. With a multi-cultural background and a Master's degree from the Rotterdam School of Management, Danilo is on a mission to empower businesses through technology.