Exploration of qualitative success factors of innovative e-business startups: blue ocean strategy versus dynamic capabilities
by Andrejs Čirjevskis
International Journal of Business Excellence (IJBEX), Vol. 13, No. 4, 2017

Abstract: The aim of this research was to test a new generation of strategic management theories to discover the most appropriate qualitative factors for an innovative e-startup assessment and produce a probability formula in order to estimate the chances of success of any other innovative e-business. The qualitative factors were analysed against a sample of 30 innovative successful e-businesses startups which were founded after 2004. The research identified several factors: value curve divergence and exceptional buyer utilities of innovative products as well as dynamic capabilities to seize opportunities which are more correlated with a startup's success than others and therefore are more reliable as assessment criteria. Multiple regression analysis has shown that the set of all researched independent and moderating variables is strongly correlated with a start up success and can predict e-business successful performance in more than 80% of the cases.

Online publication date: Wed, 01-Nov-2017

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