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Publikation Introductory chapter. Prospects for sustainable business development(Springer Cham, 2024) Verkuil, Arie Hans; Hinz, Andreas; Milow, Uta; Al-Kilani, Mahmoud; Verkuil, Arie HansIn the introductory chapter the editors describe the dimensions of sustainable business development from a fundamental and international perspective and encompass aspects of environmental efficiency, social equity, and economic profitability. In addition, they give a short overview of all chapters and the authors.04A - Beitrag SammelbandPublikation Linking effectuation logic with business model innovation in the context of Swiss startups(2022) Kabous, Laila; Hinz, Andreas; Philippi, StefanEffectuation and business model innovation (BMI) are research topics that are frequently discussed in the literature. While effectuation describes the effectual behaviour for founding a start-up with an emphasis on using currently available means, BMI is considered a way of creating a business model with long-term competitive advantages. Both approaches are valuable for start-ups pursuing growth in an uncertain environment. This work-in-progress paper presents insights from the reviewed extant literature. Further research will investigate effectuation and its enabling impact in designing innovative business models in the context of Swiss start-ups.06 - PräsentationPublikation Agile Internationalisierung(edition gesowip, 2018) Reineke, Rolf-Dieter; Hinz, Andreas; Verkuil, Arie Hans; Hell, Benedikt; Kirchhofer, Roger; Aeschbacher, Marc04A - Beitrag SammelbandPublikation Effectuation und Lean Startup Methode - Analyserahmen und empirische Überprüfung anhand eines E-Healthcare Systems(edition gesowip, 2019) Eisenbart, Barbara; Hinz, Andreas; Verkuil, Arie Hans; Hinkelmann, Knut; Aeschbacher, MarcDieser Artikel baut auf zwei Forschungsschwerpunkten auf, die in der Entrepreneurship-Literatur von hoher Bedeutung und Popularität sind - Effectuation und die Lean Startup Methode. Beide Ansätze können sowohl bei der Entwicklungunternehmerischer Chancen wie auch als Methoden unternehmerischen Handelnseingesetzt werden. Die übergeordnete Forschungsfrage lautet deshalb: Wie können Effectuation und der Lean Startup Ansatz konzeptionell kombiniert werden, um unternehmerisches Venturing sowohl für Startups wie auch in etablierten Unternehmen zu unterstützen? Die Auswertung unserer Interviews deuten eindeutig darauf hin, dass Effectuation mit dem Lean Startup Ansatz in Verbindung gesetzt werden kann. Die drei diskutierten Konzeptpaare können unternehmerisches Venturing methodisch unterstützen.04A - Beitrag SammelbandPublikation How Swiss start-ups deal with business model innovation(Academic conferences international limited, 2022) Philippi, Stefan; Hinz, Andreas; Kabous, Laila; Sklias, Pantelis; Apostolopoulos, NikolaosThe term business model innovation refers to the introduction of innovations that differ from state-of-the-art business models in the same field. Current research indicates that business model innovations are more resilient (e.g. to imitation) overall and more successful in the long term compared to traditional types of innovation (e.g. product innovations). Working on business model innovation, therefore, can provide valuable insights, particularly for start-ups looking to grow and scale up under conditions of extreme uncertainty. Business model innovation involves the innovation of two of four core elements of a business model: customer, value proposition, value chain and revenue mechanism. A business model can be described using these four elements in a sophisticated and comprehensive manner. Moreover, these elements help us to determine whether a business model innovation exists. However, do start-ups really use the advantages of business model innovation and to what extent? This research paper addresses this issue and examines the role business model innovation plays for start-ups as well as how it has been implemented. To gain these insights, we examine the business plans of 24 finalists of a Swiss innovation competition in 2021 in a multi-stage process. We systematically reviewed and analysed business plans individually using pre-defined innovation criteria for each of these four elements of a business model. The individual analysis allows a robust assessment to be able to make a comprehensible classification. On reviewing the results, we were surprised by how many of the analysed start-ups are pursuing business model innovations, and that they often innovate more than two elements of their business models. According to our findings, start-ups nowadays deal with business model innovation more often than they did in previous research studies. We can also show that business model innovations are often more complex than they were in the past.04B - Beitrag KonferenzschriftPublikation Creating social impact with startup incubator programs for refugees. Using social entrepreneurship to accelerate integration(LUMSA University, 2022) Hinz, Andreas; von Kutzschenbach, Michael; Meyer, Rolf; Michelini, Laura; Minà, Anna; Alaimo Di Loro, PierfrancescoFocusing on social business model innovation at the example of startup incubator programs for refugees, this research provides insights into how such programs can create social impact. With the importance of social integration in mind, the guiding question for this work is how social entrepreneurship in the form of startup incubator programs for refugees can create social impact by addressing key challenges of integration. Based on a literature review and interviews with refugees and integration experts, it appears that challenges primarily relate to language skills, professional qualifications, psychological stress and discrimination. While conventional standardized integration programs address some of these issues, gaps remain that slow down integration. This is where startup incubators can make a difference. For instance, they offer personalized coaching and mentoring to allow for individual needs and to empower participants to develop and deploy their potential. Further, they help participants build a strong personal network in the local ecosystem. Moreover, entrepreneurial skills are developed to prepare participants for self-employment as an alternative to the difficult job search. Overall, this work illustrates that social innovation of startup incubator programs for refugees can accelerate integration and create social impact.04B - Beitrag KonferenzschriftPublikation Connecting the dots. Effectuation and lean startup(2019) Hinz, Andreas; Eisenbart, Barbara; Belgiawan, Prawira Fajarindra; Mayangsari, Lidia; Wasesa, Meditya; Windasari, Nila Armelia; Wulansari, Amilia; Aprianingsih, Atik; Aprilianty, FitriAccelerated progress in digitalization calls for more entrepreneurial thinking and venturing in an uncertain and fast changing environment. This applies not only to startups but also to established companies. In both cases, entrepreneurial thinking and behavior helps to develop future business opportunities with benefits for new products and business model innovation. Entrepreneurial teachings such as effectuation and the lean startup methodology have significantly improved the tool kit for entrepreneurs in recent years. This paper seeks to combine these two research streams in order to examine how additional insights can be gained in practice at the example of an integrated e-healthcare system in Switzerland. In times of ageing societies where rising health care costs are met by limited resources, digitalized processes can reap significant benefits. Developing digitalized diagnostic solutions – with the help of entrepreneurial effectuation and the lean startup methodology – will enable cost-efficient hom04B - Beitrag KonferenzschriftPublikation Start-up incubators for refugees. Applying psychological methods to increase chances of entrepreneurial success(Universidade Portucalense, 2023) Hinz, Andreas; Nido, Miriam; Hell, Benedikt; Moreira, Fernando; Jayantilal, ShitalAn increasing number of start-up incubators offer programmes designed specifically for refugees. They provide entrepreneurship training and access to a closely-knit community for start-up development. Beyond that, they also support refugees in overcoming typical challenges, including a lack of language skills and required qualifications, an uncertain residence status, discrimination and psychological distress on various levels. While these incubators have already contributed to refugees’ social and economic integration, the number of successful participants is still relatively low. The question remains about what can be done to multiply the potential so that more significant numbers of refugees can benefit. To support incubators in achieving more significant numbers, this work presents a framework of methods and tools based on health and organisational psychology literature. More specifically, this work focuses on methods and tools to be applied during two critical phases of the incubation cycle, namely the selection process and the actual programme. First, suitable candidates may be overlooked and/or less suitable candidates admit-ted during selection. This work proposes approaches to improve the accuracy of assessment methods so that more significant numbers of candidates with good chances of success are admit-ted. In addition, these methods can help identify those candidates who may appear unsuitable at first sight but could likely get ready with a preparatory course before joining the programme. Second, participants may have difficulty keeping up during the programme for various reasons (often related to the mentioned challenges) and therefore drop out early. This work proposes science-based approaches which help to adapt and improve existing programme elements and/or implement new elements to increase the chances of successful programme completion. Overall, this work seeks to contribute to the academic discussion on innovative approaches to upscale the work of incubators for refugees. Further research will involve co-developing practical approaches with incubators for refugees, cooperating on the implementation, and measuring impact. The goal of providing incubators with relevant practical insights is to deploy more significant numbers of refugees as entrepreneurs and contribute to broader social and economic impact.04B - Beitrag KonferenzschriftPublikation Start-up incubators for refugees. How to develop and deploy entrepreneurial skills to generate impact(Academic Conferences International Limited, 2022) Hinz, Andreas; Daub, Claus-Heinrich; Sklias, Pantelis; Apostolopoulos, NikolaosRefugee entrepreneurs play an increasingly important role in the ecosystem. However, they may find themselves unable to use their potential because they lack relevant skills, encounter language barriers, have weak local networks and deal with personal problems. Start-up incubators for refugees address these challenges by offering programmes that empower them to develop and deploy entrepreneurial skills for business creation. This work-in-progress paper presents initial insights on skill-related programme elements which will be extended into a detailed analysis of resulting types of economic impact.04B - Beitrag KonferenzschriftPublikation Linking effectuation logic with business model innovation. An investigation in the context of Swiss startups(2023) Kabous, Laila; Hinz, Andreas; Philippi, Stefan; Moreira, Fernando; Jayantilal, ShitalOver the last decades, business model innovation and effectuation have been widely discussed in the literature. While effectuation represents a behavioural approach for entrepreneurs using available means for founding a start-up, business model innovation represents an approach to creating a business model with long-term competitive advantages. Designing a business model requires to focus on four dimensions: customer, value proposition, value chain and revenue mechanism. A business model innovation is referred to when an innovative characteristic can be attributed to two of the four dimensions. Both effectuation and business model innovation are valuable for entrepreneurs who are pursuing growth in dynamic and uncertain business environments. This paper elaborates on effectuation and its potential effects on business model innovation. The addressed research questions are: Is the effectuation logic a facilitating aspect of business model innovation? And to what extent do entrepreneurs apply effectuation logic and design innovative business models? The underlying data consists of business plans of 25 finalists of a Swiss innovation competition with more than 100 startups from different business sectors every year. First, the chosen sample is reviewed on the extent of the application of effectuation based on selected behavioural criteria. Second, the sample is analysed for evidence of business model innovation based on the above-mentioned business model dimensions and their innovative potential. Third, the link between the two approaches is highlighted to gain insights into the potential influence of the applied decision logic to develop innovative business models, thus providing an understanding of how entrepreneurs could leverage the advantages of effectuation in the context of innovating the business model. Further research will focus on examining critical success factors of entrepreneurial behaviour in the applied business model types and their correlations with business performance.04B - Beitrag Konferenzschrift
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