ESC
Web of Science
Entrepreneurship and Sustainability Issues Open Access Q1
Scopus - coverage starting with 2017 material
Received: 2015-05-26  |  Accepted: 2015-07-10  |  Published: 2015-09-30

Title

Contributions of sustainable start-up ecosystem to dynamics of start-up companies: the case of Lithuania


Abstract

The purpose of the present study is to evaluate contributions of sustainable start-up ecosystems to the development and dynamics of start-up companies. To illustrate how the sustainability of start-up ecosystems affects the development trends of start-up companies the case of Lithuania is analysed. Lithuania is chosen because of its experience of dynamically transforming its start-up ecosystem; the case is useful for both further scientific analysis of start-up ecosystems and application of the Lithuanian experience to other countries. Cooperation and networking among companies have been important research topics for many decades. In the second half of the 20th century the network expansion evolved due to the development of social, economic, political and technological systems (Iansiti and Levien, 2004); however, companies faced new challenges in adapting to the rapidly changing environment, creating synergies from cooperation in ecosystems and sustainably strengthening their competitive advantage. In the early 1990s the term ‘business ecosystem’ was introduced into popular management parlance by James F. Moore (1993). Moore suggested an ecological approach to management, where modern business is viewed not only as a member of a single industry, but rather a part of a business ecosystem that crosses a variety of industries. The present research is centred on effects of this business ecosystem on the dynamics of start-ups. Given the multifactor and trans-disciplinary nature of start-up ecosystems, the triangulation method of combining the scientific literature overview, semi-structured qualitative interviews and quantitative survey method is chosen: the quantitative survey was designed to reveal the general profile of a start-up company and its’ approach towards start-up ecosystems, while qualitative semi-structured expert interviews were conducted to acknowledge why and how start-up ecosystem influences the development of companies. The research question is how sustainability of start-up ecosystems affects the development patterns of start-up companies. This should help other countries such as Georgia, Moldova, Bulgaria or Romania to avoid of possible mistakes in enhancing their own start-up ecosystems.


Keywords

sustainability, start-ups, start-up ecosystems, development and dynamics of start-ups


JEL classifications

M13


URI

http://jssidoi.org/jesi/article/55


DOI


Pages

8-24


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Laužikas, Mindaugas
Global Innovation Learning Ecosystem (GILE) Experts Ltd, Paola, Malta http://www.gileexperts.com
Articles by this author in: CrossRef |  Google Scholar

Tindale, Hailee
ISC Paris Business School, Paris, France http://www.iscparis.com
Articles by this author in: CrossRef |  Google Scholar

Bilota, Augustinas
, ,
Articles by this author in: CrossRef |  Google Scholar

Bielousovaitė, Dovilė
, ,
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

3


Number

1


Issue date

September 2015


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 1162  |  PDF downloads: 935

References