University of Twente Student Theses
Corporate foresight : the identification of potentially disruptive innovations from startups A methodological framework to utilize startups as a source of corporate innovations
Macheleidt, Philipp (2016) Corporate foresight : the identification of potentially disruptive innovations from startups A methodological framework to utilize startups as a source of corporate innovations.
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| Abstract: | Corporate foresight is concerned with the observation and interpretation of environmental change factors and the identification of potential innovation in order to lay the foundation for future competitive advantage. Startup firms are recognized as a hotspot for ideas and innova-tions, in particularly for ones of a radical or disruptive nature. However, startups are not yet considered as a source for environmental information and innovations within the corporate foresight literature. The aim of this thesis is to amplify and complement the corporate foresight process and adjacent research streams by extending the environmental scanning and the identification of opportunities and innovations into the startup context. By conducting a com-prehensive literature review the different research perspectives or fields of academic contribu-tion relevant for corporate foresight were outlined and the role or value of startups within each perspective was examined. Furthermore, a methodological framework to identify startups from a startup database utilizing a text mining technique was proposed and applied. The findings show that startups should be considered as a valuable source for environmental information and innovation within corporate foresight. Furthermore, the results imply that the proposed methodological framework is an effective approach for the identification of relevant startups for a particular topic by utilizing a startup database. Firstly, the thesis contributes to the research area of corporate foresight by outlining the academic value of startups. Secondly, it contributes by proposing an approach to discover relevant startups and thus addresses requests from the corporate foresight literature for a structured methodological approach on how environmental information and innovation can be identified. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science |
| Programme: | Business Administration MSc (60644) |
| Link to this item: | https://purl.utwente.nl/essays/71541 |
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