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Full-Text Articles in Business

Building A Sustainable Business Model Through Technology Entrepreneurship: An Analysis Of Business Models From A System And A System Of Systems Perspective, Gary Langford, Teresa Langford Jan 2019

Building A Sustainable Business Model Through Technology Entrepreneurship: An Analysis Of Business Models From A System And A System Of Systems Perspective, Gary Langford, Teresa Langford

Engineering and Technology Management Faculty Publications and Presentations

Case study methods are used to identify key elements of business models in highly competitive environments. Small businesses, in particular, must rely on entrepreneurial prowess and innovation, adapt to their environment, have sufficient resources, and skillfully manage project outcomes in entrepreneurial start-up situations. This research hypothesized that a problem faced by entrepreneurial organizations is due to the fundamental flaws and poor adaptability of their business models to satisfy needs of customers and prospective customers. The problem is that the flow of value from business to customer was different from the flow of value from business to user. Two kinds of …


How Does The Primary Market Value Innovations Of Newly Public Firms?, Qin Lian, Qiming Wang Jan 2019

How Does The Primary Market Value Innovations Of Newly Public Firms?, Qin Lian, Qiming Wang

Business Faculty Publications and Presentations

We investigate whether and how the primary market values the innovations of newly public firms at their initial public offerings (IPOs) by examining the link between the size (the number of patents) and the quality (citation count) of their patent portfolios and IPO valuations. We find that the number of patents, the citation count, and innovation efficiency (IE; patents or citations scaled by research and development expenditure) are positively associated with offer price multiples but the effect of the number of patents subsumes that of the citation count/IE. There is no significant effect of patent portfolios on price revisions or …