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1 – 3 of 3Honglei Li, Hongyu Wang, Ziyu Yang and Changwei Guo
In the field of digital entrepreneurship, achieving high growth in digital start-ups is crucial. This paper aims to explore how causal conditions at the individual, organizational…
Abstract
Purpose
In the field of digital entrepreneurship, achieving high growth in digital start-ups is crucial. This paper aims to explore how causal conditions at the individual, organizational and environmental levels interact in the growth process of digital start-ups. Furthermore, it uses a configurational approach to conduct a holistic analysis of the cross-level interaction mechanisms that enable digital start-ups to achieve high growth.
Design/methodology/approach
Based on a holistic perspective, the data collection included 57 representative cases of digital start-ups in China in the past decade (2014–2023). A fuzzy set qualitative comparative analysis was conducted to explore the cross-level interaction mechanism of the three-dimensional causal conditions of the environment, organization and individual entrepreneurs on high growth among digital start-ups.
Findings
This study found three models for digital start-ups to achieve high growth. These models − the resource network orchestration model, the innovation resource development model and the entrepreneurial spirit coherence model, respectively, reflect the multiple paths of high growth achieved by various digital start-ups based on their entrepreneurial environment, organizational capability and the personality of the founder. This reflects that digital start-ups face different conditions and entrepreneurial situations, with differing cross-level interaction mechanisms for achieving high growth.
Practical implications
First, digital start-ups should focus on strengthening their digital resource integration capabilities to lay the foundation for their subsequent high-growth path selection. Second, entrepreneurs need to adopt a holistic perspective to change or strengthen the causal conditions required to achieve high growth. Third, emphasis should be placed on the coherence between the entrepreneur’s need for achievement and the internal entrepreneurial culture.
Originality/value
First, this study contributes to the literature on high growth among digital start-ups by introducing a cross-level interaction mechanism comprising environmental, organizational and entrepreneurial causal conditions. Second, it reveals that individual factors at the environmental, organizational and entrepreneurial levels are not necessary conditions for high entrepreneurial growth and that digital resource integration capabilities play a more universal role in achieving high digital start-up growth. Finally, the study provides a cross-level holistic explanation of how digital start-ups can achieve high growth and reveals various configuration models conducive to high growth, thus offering practical insights for businesses.
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Keywords
Jia Wang, Haiyang Sun, Ding Chen, Yongjun Huang, Tao Dong, Hai Li, Lingnan Shen and Ziyu Yang
The paper aims to accurately measure the key motion parameters, such as velocity, azimuth and pitch angle, of the small flying object with a non-uniform curve trajectory. It…
Abstract
Purpose
The paper aims to accurately measure the key motion parameters, such as velocity, azimuth and pitch angle, of the small flying object with a non-uniform curve trajectory. It proposes a measurement method and its calculation model of non-uniform curve trajectory using a photoelectric sensor array.
Design/methodology/approach
First, the basic composition of the measurement system and mechanism of photoelectric sensor array are described, respectively. Second, a non-uniform curve mathematical measurement model is constructed differently from the traditional linear trajectory, taking into account the influence of gravity and air resistance. Third, the measurement error of the system is analyzed through numerical simulation. Finally, the accuracy and feasibility of the approach are verified by live-ammunition experiments.
Findings
The results show that the systematic error of the hitting point coordinates can be reduced by 9% compared to the traditional linear measurement model. Consequently, this method can meet the higher measurement requirement for the key motion parameters of the small flying object under the non-uniform curve trajectory. Research limitations/implications (if applicable)- although the approach itself is generalizable, the method is unable to detect the motion parameters of multiple small flying objects.
Research limitations/implications
Although the approach itself is generalizable, the method is unable to detect the motion parameters of the multiple small flying objects.
Practical implications
It is evident that the proposed non-uniform curve measurement model is more precise in quantifying the essential characteristics of the small flying object, particularly in consideration of the environmental conditions.
Social implications
The precise measurement of the key motion parameters of the small flying object can facilitate the enhancement of the protective performance of protective materials.
Originality/value
A novel approach to measurement is proposed, which differs from the conventional uniform trajectory model. To this end, the space construction of the photoelectric sensor array is optimized. The number of the sensors is revised.
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Ziyu Zhou, Haizhou Fan and Zhiying Liu
1. Explore the important role of sole actual controller in the innovation decision of the firm and the different effects of the ownership of sole actual controller on innovation;…
Abstract
Purpose
1. Explore the important role of sole actual controller in the innovation decision of the firm and the different effects of the ownership of sole actual controller on innovation; 2. Explore whether the role played by sole actual controllers varies in different types of firms; 3. Explore the important role of cooperative culture in the internal governance of firms and whether sole actual controller firms feel a rejection effect on cooperative culture.
Design/methodology/approach
The authors collect data on Shanghai and Shenzhen A-share listed companies from 2011 to 2021 to analyze the role of the sole actual controller on innovation investment, as well as the moderating effect of cooperative culture in corporate annual reports using natural language processing.
Findings
The authors find that sole actual controllers promote corporate innovation investment and that concentrated equity inhibits corporate innovation investment, while dispersed equity concentration promotes it. In addition, cooperative culture has a nonlinear moderating effect on the relationship between SACs and innovation.
Research limitations/implications
On the one hand, this study focuses chiefly on the decision-making behavior of top managers, such as the SACs and shareholders, and does not account for the role of bottom-level employees or professional R&D teams in innovation. On the other hand, although this study discusses the moderating role of corporate cooperative culture, it is limited to internal cooperative culture; cooperative culture should also consider external cooperation, such as cooperation between companies or between companies and universities.
Practical implications
First, companies should actively implement the SAC model and scientifically select a truly compassionate and visionary SAC as the dominant person in the company. Second, the Chinese government needs to standardize the identification of actual controllers, who should not be a shareholder of the company. Third, policymakers should promote the reform of the mixed system of enterprises, optimize the shareholding structure of firms, make executives an important part of corporate governance. Fourth, cooperation culture is a good start, though firms should avoid letting it become a “double-edged sword” of the management mode of the SAC.
Originality/value
First, existing studies do not address the impact of SACs on innovation from the perspective of SACs, who have most influence the firm's decision-making. Focusing on the SAC's decision-making style has sufficient practical implications for future corporate innovation planning. This study used the natural language processing (NLP) module in ChatGPT to analyze the culture of cooperation in corporate annual reports. Currently, corporate culture is an obstacle to the study of corporate governance because of its obscurity and difficulty of quantification. The authors adopted a PSM (propensity score matching) approach to eliminate the endogeneity of the data, which makes the results more scientific.
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