Synonyms
Opportunities recognition; Spin-off; Start-up; Technology
Innovation opportunities are often recognized and valorized by new small companies. This chapter goes into details about the capacity of firms to seize innovation opportunities depending on their size. Then, the mechanisms mobilized are described, and the main sectors where start-ups are operating are listed. The question of the financial structure of start-ups is finally studied.
Introduction: Innovation, the Ability to Grasp New Opportunities
Innovation may be defined as a dynamic process to modify the functioning modes and the organizations of companies in order to develop new businesses (Boly 2009). These adjustments may concern new equipment, production processes, core competencies, and organizational variables such as the type of responsibilities assumed by employees, control processes, and information procedures (Simon 1979). One particular and radical form of this type of evolution is company creation: start-up...
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Bourgogne, P., Boly, V., Morel, L., Camargo, M. (2020). Innovation Opportunities and Business Start-Up. In: Carayannis, E.G. (eds) Encyclopedia of Creativity, Invention, Innovation and Entrepreneurship. Springer, Cham. https://doi.org/10.1007/978-3-319-15347-6_463
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