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MASTER THESIS
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How start-ups become efficient ? A framework for further research

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Gugel, Martin ULiège
Promotor(s) : Kuckertz, Andrea
Date of defense : 3-Sep-2019/10-Sep-2019 • Permalink : http://hdl.handle.net/2268.2/8405
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Title : How start-ups become efficient ? A framework for further research
Author : Gugel, Martin ULiège
Date of defense  : 3-Sep-2019/10-Sep-2019
Advisor(s) : Kuckertz, Andrea 
Committee's member(s) : Ghilissen, Michael ULiège
Gillet, Anne ULiège
Language : English
Number of pages : 104
Discipline(s) : Business & economic sciences > General management & organizational theory
Target public : Researchers
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Other
Institution(s) : Université de Liège, Liège, Belgique
Degree: Master en sciences de gestion, à finalité spécialisée en Marketing
Faculty: Master thesis of the HEC-Ecole de gestion de l'Université de Liège

Abstract

[en] High performing, high quality and high growth start-ups are of great importance for an economy. Enhancing efficiency in the developing and exploiting process of start-ups leads to these so called “gazelles”. However, literature lacks in providing viable theory and empirical evidence of how start-ups become efficient. Therefore, an inductive empirical causal map study was rolled out. Based on low-structured interviews with eight entrepreneurs from Germany, three causal maps were constructed. The first causal map displays all concepts that have been found and the relations between them, which are either directly or indirectly influencing efficiency. The other two causal maps display out potential differences between early and expansion stage start-ups. By applying a threshold of sharedness, a final framework suggesting eight factors which could influence the efficiency in start-ups and five causal relations between them has been constructed. Each factor is discussed further. The framework serves as a great anchor for further research and provides entrepreneurs with a first understanding of what could influence efficiency in start-ups.


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  • Gugel, Martin ULiège Université de Liège > Master sc. gest., à fin.

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  • Total number of views 31
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