@article {1074, title = {Platforms for Innovation and Internationalization}, journal = {Technology Innovation Management Review}, volume = {7}, year = {2017}, month = {05/2017}, pages = {23-31}, publisher = {Talent First Network}, address = {Ottawa}, abstract = {The high-tech global startup has many challenges related to both innovation and internationalization. From a Danish cluster of Welfare Tech firms, eight innovative and international firms were selected and interviewed. Such firms typically have to be agile and operate in virtual networks in almost all parts of their value chains. This article contributes to the understanding of how innovation and internationalization to a great extent are interlinked. The firms have developed a core product or service offering, which the firms often describe as {\textquotedblleft}a platform{\textquotedblright}. Around the platform, they develop their products and services for new customers and users in new countries. The firms have to sustain a strong focus on the platform while at the same time developing their platform solution for new products, new customers, and new markets. This pivoting makes it possible to use the platform in a new context but is highly demanding for the firms. They need to be extremely agile and fast-moving but at the same time still to have a focus on the core of the firm: the platform. }, keywords = {globalization, innovation, internationalization, lean and global startups, lean startup, platform}, issn = {1927-0321}, doi = {http://doi.org/10.22215/timreview/1074}, url = {http://timreview.ca/article/1074}, author = {Erik Stavnsager Rasmussen and Nicolaj Hannesbo Petersen} } @article {941, title = {The Emergence of the Lean Global Startup as a New Type of Firm}, journal = {Technology Innovation Management Review}, volume = {5}, year = {2015}, month = {11/2015}, pages = {12-19}, publisher = {Talent First Network}, address = {Ottawa}, abstract = {This article contributes to the interplay between international entrepreneurship, innovation networks, and early internationalization research by emphasizing the need to conceptualize and introduce a new type of firm: the lean global startup. It discussed two different paths in linking the lean startup and born-global internationalization strategies. The first path refers to generic lean startups that have undertaken a rapid internationalization strategy (i.e., lean-to-global startups). The second path refers to startups that have started operating on global scale since their inception and adopted the lean startup approach by seamlessly synergizing their global and lean product development activities. The article emphasizes several aspects that could be used as part of the theoretical foundation for conceptualizing lean global startups as a special new type of firm: i) the emergent nature of their business models, including the challenges of partnership development on a global scale; ii) the inherently relational nature of the global resource allocation processes; iii) the integration of the entrepreneurial, effectuation, and global marketing perspectives; iv) the need to deal with a high degree of uncertainty, including the uncertainty associated with cross-border business operations; and v) linking the ex-ante characteristics of lean startups with the ex-post characteristics of born-global firms in order to develop a technology adoption marketing perspective that considers the {\textquotedblleft}crossing the chasm{\textquotedblright} process as a successful entry into a global market niche. }, keywords = {born global firm, early internationalization, effectuation theory, hypothesis-driven entrepreneurship, international entrepreneurship, lean and global start-up, lean and global startup, lean startup, technology adoption lifecycle}, issn = {1927-0321}, doi = {http://doi.org/10.22215/timreview/941}, url = {http://timreview.ca/article/941}, author = {Erik Stavnsager Rasmussen and Stoyan Tanev} }