Digital Company Building (DCB) as a New Form of Startup Support


Title
Digital Company Building (DCB) as a New Form of Startup Support
 
Project leader
 
 
Person involved
 
Start date
01-06-2020
 
End date
31-12-2023
 
Research profile of the University of Bamberg
Digital Humanities, Social and Human Sciences
 
potential profile area
Actions of and in Organisations
 
Existing situation
Ongoing
 
Acronym
DCB
 
Description
Despite the awareness of the potential that digitization bears for innovation and entrepreneurship, the failure rate of technology startups is still close to 90%. Startup support systems, such as incubators or accelerators, are seen as important tools to help emerging companies overcome challenges in the early start-up phase. While researching the starting-up of an organization is challenging (since many new ventures are terminated before they become visible), the analysis of startup support systems seems promising to gather deeper insight of the process of new venture creation. Company builders (also known as startup studios, startup factories or venture builders), in particular, offer an extended support portfolio, which differs from that of other incubation models in that it combines “traditional” offerings like financial resources, managerial competencies, networking and physical infrastructure with technical competencies and active involvement in innovation process and prototyping. Recently published white papers claim that this approach leads to a 30% higher success rate in seed rounds of startups that emerge from a company builder compared to traditional startups (GSSN 2020). Using case studies and survey-based tools, within this project we are investigating how DCBs should ideally be structured and how the digital startups/entrepreneurs should be integrated within this organization.
 
Area of research
Digital Entrepreneurship
 
Keywords
Digital Entrepreneurship
Entrepreneurial Support