The Gatekeeper Model Of Innovation

Master's Thesis from the year 2009 in the subject Business economics - General, grade: 1.0, University of Bremen, language: English, abstract: Economic growth and technological changes are often triggered by innovative entrepreneurs who discover, exploit, and explore undetected opportunities. However, before entrepreneurs can move forward they need capital in order to realize their business idea. In general, investors can be characterized as the gatekeepers who provide this financial bottleneck resource to entrepreneurs. Venture capital firms, in particular, are a highly specialized group of investors which may also act as facilitators for innovations. Given that entrepreneurs and venture capitalists have been mostly studied in isolated cases, no integrative framework has yet been developed. Thus, this study aims to unfold the interconnectedness and dependencies of both parties and derives inter alia two important variables, namely strategic orientation and trust, which have been poorly studied in this field, but are crucial for the long‐term success of the relationship. The structure of this study corresponds with the process which is characteristic for the relationship between the venture capitalist and the entrepreneur: - The innovation process - The strategy dimension - The trust perspective This study uses an adapted gatekeeper‐model by Csikszentmihalyi to reveal the different stages of the innovation process and to build a theoretical framework of the relationship between both parties. Through the complexity and the interconnection of all the different aspects it is designed as a "door opener" to a rich field of further research as well as it is aimed at helping practitioners understand the innovation process within a complex and dynamic environment.

Master's Thesis from the year 2009 in the subject Business economics - General, grade: 1.0, University of Bremen, language: English, abstract: Economic growth and technological changes are often triggered by innovative entrepreneurs who discover, exploit, and explore undetected opportunities. However, before entrepreneurs can move forward they need capital in order to realize their business idea. In general, investors can be characterized as the gatekeepers who provide this financial bottleneck resource to entrepreneurs. Venture capital firms, in particular, are a highly specialized group of investors which may also act as facilitators for innovations. Given that entrepreneurs and venture capitalists have been mostly studied in isolated cases, no integrative framework has yet been developed. Thus, this study aims to unfold the interconnectedness and dependencies of both parties and derives inter alia two important variables, namely strategic orientation and trust, which have been poorly studied in this field, but are crucial for the long‐term success of the relationship. The structure of this study corresponds with the process which is characteristic for the relationship between the venture capitalist and the entrepreneur: • The innovation process • The strategy dimension • The trust perspective This study uses an adapted gatekeeper‐model by Csikszentmihalyi to reveal the different stages of the innovation process and to build a theoretical framework of the relationship between both parties. Through the complexity and the interconnection of all the different aspects it is designed as a “door opener” to a rich field of further research as well as it is aimed at helping practitioners understand the innovation process within a complex and dynamic environment.

This book explores the ways in which the adoption of new paradigms, processes, and technologies can lead to greater revenue, cost efficiency and control, as well as improved business agility in the insurance industry.

Globalization is leading the industry worldwide especially the new technology sector. The main aim of the book is to enhance the reader's knowledge – especially from a multidisciplinary perspective rather than from an individual functional perspective –the role of the globalization in the evolving world of the new technologies. This book will overview the process of globalization from a number of perspectives, including historical, geographical and social viewpoints while focusing on the new technologic products and services. Globalization and its effects on the innovative technology sector are best examined in terms of the social ramifications, and especially the geographical and political and economic (or political economy) contexts, at and between different levels, including the local, the regional and the global.

"This book is a reference guide to the theory and research supporting the field of Technology and Innovation Management"--Provided by publisher.

Multi-stakeholder collaborations involving partners from public and private sectors are essential to address global health challenges and to move precision medicine forward. This eBook assembles a collection of papers which either illustrate recent achievements or discuss new perspectives offered by public-private partnerships in healthcare. Publisher’s note: In this 2nd edition, the following article has been added: Laverty H and Meulien P (2019) The Innovative Medicines Initiative −10 Years of Public-Private Collaboration. Front. Med. 6:275. doi: 10.3389/fmed.2019.00275

The constant advancements of wireless technologies have influenced modern business practices as well as social interaction. As a result, the continuing study of communications and networking is important to better understand existing modes of information transfer, as well as developing and managing new methods. Advancements and Innovations in Wireless Communications and Network Technologies is a collection of research and case studies which tackle the issues, advancements and techniques on wireless communications and network technologies. This book offers expansive knowledge and different perspectives useful for researchers and students alike.

Business Model Innovation Process: Preparation, Organization and Management examines a range of critical questions that merit thoughtful interdisciplinary consideration, such as: Why do business models, and their innovation in particular, matter today? How can the process of business model innovation be understood, organized and managed adequately under increasingly volatile, uncertain, complex and ambiguous technological, business and geo-political conditions? What should decision-making and risk-management look like under these conditions, with managers whose rationality is bounded? The book offers a detailed account of the relatively unknown process of business model innovation by looking into the intersection of strategic, operations and innovation management, organizational design, decision-making and performance management. In doing so, this book addresses fundamental issues, and introduces new ideas and theoretical perspectives. In envisioning and thinking about various potential scenarios of business model innovation and understanding how to organize for each of these under different conditions, the book provides original arguments and suggestions for practitioners. For that purpose, the book also offers many compelling real-life examples of business models and their innovation. Combining theory and practice, this book is an essential read for researchers and academics of business model innovation, as well as strategic management, digital transformation, innovation management and organizational change. It will also be of direct interest to practitioners and business leaders seeking new perspectives to increase their competitive advantage.