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Nair, S. & Blomquist, T. (2019). Failure prevention and management in business incubation: practices towards a scalable business model. Technology Analysis & Strategic Management, 31(3), 266-278
Open this publication in new window or tab >>Failure prevention and management in business incubation: practices towards a scalable business model
2019 (English)In: Technology Analysis & Strategic Management, ISSN 0953-7325, E-ISSN 1465-3990, Vol. 31, no 3, p. 266-278Article in journal (Refereed) Published
Abstract [en]

How support systems such as a business incubator deal with failure, a common phenomenon in new venture creation, is less understood. Employing a value creation perspective helps us to understand failure, the inability of an entrepreneurial team to build a scalable business model. Based on case studies at nine Swedish business incubators, we develop a dynamic process model towards understanding failure prevention and management in business incubation. We find business incubation practices towards failure prevention and management to be a mix of predictive and non-predictive strategies. These practices could help prevent and mitigate failure at personal, organisational and social levels towards value creation for the startups and their stakeholders and channel the effects of failure towards social benefit.

Place, publisher, year, edition, pages
Routledge, 2019
Keywords
Business incubation, business model, failure management, value creation
National Category
Business Administration
Research subject
Business Studies
Identifiers
urn:nbn:se:umu:diva-150058 (URN)10.1080/09537325.2018.1495325 (DOI)000456180300002 ()
Available from: 2018-07-04 Created: 2018-07-04 Last updated: 2019-02-26Bibliographically approved
Nair, S. & Blomquist, T. (2018). The temporal dimensions of business incubation: a value-creation perspective. International Journal of Entrepreneurship and Innovation
Open this publication in new window or tab >>The temporal dimensions of business incubation: a value-creation perspective
2018 (English)In: International Journal of Entrepreneurship and Innovation, ISSN 1465-7503, E-ISSN 2043-6882Article in journal (Refereed) Epub ahead of print
Abstract [en]

The purpose of this article is to develop an understanding of business incubation along its temporal dimensions from a value creation perspective. We explore the temporal dimensions of business incubation by conducting a case study of six Swedish incubators with 43 semi-structured interviews of entrepreneurs and incubator coaches and managers. We show that temporality could be understood along the content and process of value creation. Such a delineation brings out the temporal tensions associated with the value creation processes in incubation. Our study adds to the current incubator literature by providing a more comprehensive explanation of its processes from a value creation perspective.

Place, publisher, year, edition, pages
Sage Publications, 2018
Keywords
business incubation, temporality, value creation
National Category
Business Administration
Research subject
Business Studies
Identifiers
urn:nbn:se:umu:diva-154233 (URN)10.1177/1465750318817970 (DOI)
Available from: 2018-12-13 Created: 2018-12-13 Last updated: 2019-04-05
Nair, S. & Blomquist, T. (2017). The Behaviour of Participants in Business Incubation: Exploring the role of Docility. In: Academy of Management Proceedings, 2017: . Paper presented at Academy of Management Conference. , 2017, Article ID 1.
Open this publication in new window or tab >>The Behaviour of Participants in Business Incubation: Exploring the role of Docility
2017 (English)In: Academy of Management Proceedings, 2017, 2017, Vol. 2017, article id 1Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

Current discussions on business incubation tend to ignore the role of participant behavior. From a theoretical perspective we focus on how docility, a fundamental social asset in decision deliberation as applied in Herbert Simon’s theory of social learning, holds the key in terms of understanding the incubation of new ventures. We explore the manifestation of docility in the behavior of incubatees and business coaches, and consider how its presence promotes progress in incubation and value-creation activities. The findings enhance understanding of collaborative new-venture creation in the context of business incubation from a behavioral perspective.

Keywords
Business incubation
National Category
Business Administration
Identifiers
urn:nbn:se:umu:diva-143086 (URN)
Conference
Academy of Management Conference
Available from: 2017-12-15 Created: 2017-12-15 Last updated: 2018-06-09
Noh, H., Alonso, G., Nair, S. & Dahdi, Y. (2015). Biofuels: their emergence and implications for sustainability in aviation. In: H.H Al-Kayiem; Brebbia, Wessex; S.S. Zubir (Ed.), Energy and Sustainability V: Special Contributions. Paper presented at 5th International Conference on Energy and Sustainability, Putrajaya, MALAYSIA, Dec 16-18, 2014. (pp. 103-111). Ashurst: WIT Press
Open this publication in new window or tab >>Biofuels: their emergence and implications for sustainability in aviation
2015 (English)In: Energy and Sustainability V: Special Contributions / [ed] H.H Al-Kayiem; Brebbia, Wessex; S.S. Zubir, Ashurst: WIT Press, 2015, p. 103-111Conference paper, Published paper (Refereed)
Abstract [en]

The global aviation industry is facing complex and unpredictable market conditions with fluctuating oil prices and the adverse environmental impact of aircraft operations. Since the regulatory approval for biofuels, the first biojet fuel flight test in 2007, using a blend fuel, was a remarkable step towards having more test and schedule flights up to the year of 2014. The purpose of this paper is to engage this new alternative energy with the issues that airlines associate with sustainability, mainly focusing on aircraft operations and profitability. The key findings suggest that the uses of alternative energy need to be in parallel to the reliability and maintainability of the aircraft system, so that the adoption of biofuels can be effective.

Place, publisher, year, edition, pages
Ashurst: WIT Press, 2015
Series
WIT Transactions on Ecology and the Environment, ISSN 1743-3541 ; 206
Keywords
air transport, alternative energy, biofuels, aircraft maintenance, sustainability
National Category
Business Administration Mechanical Engineering
Identifiers
urn:nbn:se:umu:diva-129910 (URN)10.2495/ESS140091 (DOI)000380764300009 ()978-1-78466-096-3 (ISBN)978-1-78466-095-6 (ISBN)
Conference
5th International Conference on Energy and Sustainability, Putrajaya, MALAYSIA, Dec 16-18, 2014.
Available from: 2017-01-16 Created: 2017-01-10 Last updated: 2018-06-09Bibliographically approved
Nair, S. & Blomquist, T. (2015). Business incubators: Designing for failure management’. In: : . Paper presented at 31st EGOS Colloquium, Athens, Greece, July 2–4, 2015.
Open this publication in new window or tab >>Business incubators: Designing for failure management’
2015 (English)Conference paper, Oral presentation with published abstract (Refereed)
National Category
Business Administration
Identifiers
urn:nbn:se:umu:diva-108577 (URN)
Conference
31st EGOS Colloquium, Athens, Greece, July 2–4, 2015
Available from: 2015-09-14 Created: 2015-09-14 Last updated: 2018-06-07Bibliographically approved
Nair, S. & Blomquist, T. (2015). Business models within the quintuple helix: enablers of complex innovations. In: : . Paper presented at 23rd Nordic Academy of Management Conference, Aug 12-14, 2015, Copenhagen, Denmark.
Open this publication in new window or tab >>Business models within the quintuple helix: enablers of complex innovations
2015 (English)Conference paper, Published paper (Refereed)
Abstract [en]

The resources required for the exploration and exploitation of new age innovations are spread across multiple entities and require their active orchestration within innovation ecology. Innovations that are prevalent in areas such as developing new energy systems, materials and biopharmaceuticals involve multiple actors that become closely coupled to one another through non-linear interactions, giving rise to complexity. Firms often lack the capabilities required for such complex innovations and therefore business models need to be designed that are able to create and capture value that are mired in the complexities of the wider ecology. Our study demonstrates how business models can be designed for complex innovations that happen at the intersection of industry, university, government, civil society and the natural environment. Such business models enable the firm to capture value that is beyond what can be achieved through a traditional business model.

National Category
Business Administration
Identifiers
urn:nbn:se:umu:diva-108576 (URN)
Conference
23rd Nordic Academy of Management Conference, Aug 12-14, 2015, Copenhagen, Denmark
Available from: 2015-09-14 Created: 2015-09-14 Last updated: 2018-06-07Bibliographically approved
Paulose, H. & Nair, S. (2015). Open innovation in emerging markets: a business model perspective. Journal of Promotion Management, 21(1), 1-12
Open this publication in new window or tab >>Open innovation in emerging markets: a business model perspective
2015 (English)In: Journal of Promotion Management, ISSN 1049-6491, E-ISSN 1540-7594, Vol. 21, no 1, p. 1-12Article in journal (Refereed) Published
Abstract [en]

There has been significant contribution to the management literature on open innovation and partnership strategy, detailing their nature and impact in a wide range of business environments. However, “strategic positioning” of the business model based on their interactions with other business entities has not received enough academic attention despite its implications for the new generation of start-ups in emerging markets who do not have any prior business models to emulate. This research conceptualizes a framework that would help strategists position their firm in the market by carefully analyzing its interactions with other business and social entities in the business eco-system.

Keywords
open innovation, business model positioning, emerg- ing markets, inter-organizational interactions
National Category
Business Administration
Identifiers
urn:nbn:se:umu:diva-100423 (URN)10.1080/10496491.2014.954468 (DOI)
Available from: 2015-03-03 Created: 2015-03-03 Last updated: 2018-06-07Bibliographically approved
Nair, S. & Blomquist, T. (2014). Business incubation models: challenges for the next generation of incubators. In: : . Paper presented at International Research Conference on Incubation and Regional Development, Toulouse, France, October 23, 2014.
Open this publication in new window or tab >>Business incubation models: challenges for the next generation of incubators
2014 (English)Conference paper, Oral presentation only (Other academic)
National Category
Business Administration
Identifiers
urn:nbn:se:umu:diva-108579 (URN)
Conference
International Research Conference on Incubation and Regional Development, Toulouse, France, October 23, 2014
Available from: 2015-09-14 Created: 2015-09-14 Last updated: 2019-06-13Bibliographically approved
Nair, S. & Paulose, H. (2014). Emergence of green business models: the case of algae biofuel for aviation. Energy Policy, 65, 175-184
Open this publication in new window or tab >>Emergence of green business models: the case of algae biofuel for aviation
2014 (English)In: Energy Policy, ISSN 0301-4215, E-ISSN 1873-6777, Vol. 65, p. 175-184Article in journal (Refereed) Published
Abstract [en]

Emergent business models seek to take advantage of new market mechanisms driven by technological changes, particularly those related to the production and delivery of clean or sustainable energy. Such business models often function at the intersection of various industries, with global views, and the resulting systems have distinct social, political, environmental, economic, technological, and business dimensions. Such holistic systems are not only difficult to develop but also require support from a broad range of actors with effective regulations and policies in place, such that the firm functions within a framework that integrates various factors. This study substantiates such a framework by detailing the nascent algae-based bio-fuel industry that caters to the aviation sector while arguing that businesses in the energy industry can emerge as a next-practice platform that drive a sixth wave of innovation. The framework begins with three basic enablers, innovation, flexibility, and sustainability, and explains how value from renewable energy technologies can be created and captured sustainably and innovatively with new market mechanisms implemented by firms with green business models.

Place, publisher, year, edition, pages
Elsevier, 2014
Keywords
algae bio-fuel, green business models, new market mechanisms
National Category
Business Administration
Research subject
Business Studies
Identifiers
urn:nbn:se:umu:diva-82445 (URN)10.1016/j.enpol.2013.10.034 (DOI)000330813800017 ()
Available from: 2013-11-01 Created: 2013-11-01 Last updated: 2018-06-08Bibliographically approved
Nair, S. (2014). Strategic alliances and their role in sustainable transitions. In: : . Paper presented at EGOS Colloquium, Rotterdam, Netherlands., 2014.
Open this publication in new window or tab >>Strategic alliances and their role in sustainable transitions
2014 (English)Conference paper, Oral presentation with published abstract (Refereed)
National Category
Business Administration
Identifiers
urn:nbn:se:umu:diva-108580 (URN)
Conference
EGOS Colloquium, Rotterdam, Netherlands., 2014
Available from: 2015-09-14 Created: 2015-09-14 Last updated: 2018-06-07
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0001-8340-9853

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