Abstract
This chapter exemplifies the go-to-market methods as well as scalable business models. From human capital point of view, it discusses the motivation factors, as long as sufficient salary is not an issue in the equation. In the second part, it debates compensation and rewards as well as leading teams in startups.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
A scalable business model means that a company is able to handle sudden growth in demand and production (including delivery) without issues. In other words, should have a proven product or business model to allow the growth.
- 2.
The first four levels of Maslow’s hierarchy are deficiency needs (arise due to deprivation and the desire to fulfill them become bigger as the time passed and the needs are unmet) while the last level, self-esteem is considered to be the growth need.
References
Amorós, J. E., Cristi, O., & Naudé, W. (2021). Entrepreneurship and subjective well-being: Do the motivation to start-up a firm matter? Journal of Business Research, 127, 389–398.
Ashkenas, R., & Finn, P. (2016). The Go-to-Market Approach Startups Need to Adopt. Harvard Business Review. Retrieved March 30, 2021, from https://hbr.org/2016/06/the-go-to-market-approach-startups-need-to-adopt?registration=success
Bailetti, A. J. (2012). What technology startups must get right to globalize early and rapidly. Technology Innovation Management Review, 5–16.
Blank, S. (2021). Why the Lean Start-Up Changes Everything? Harvard Business Review. Retrieved March 25, 2021, from https://hbr.org/2013/05/why-the-lean-start-up-changes-everything
Bryant, A. (2020). How to Build a Successful Team. Nytimes.com. Retrieved March 30, 2021, from https://www.nytimes.com/guides/business/manage-a-successful-team
Cao, S. (2020). Tracking Elon Musk’s $56 Billion Tesla Bonus: When’s He Getting That Cash? Observer. Retrieved March 30, 2021, from https://observer.com/2020/10/elon-musk-tesla-performance-bonus-payment-history/#:~:text=Under%20the%20plan%2C%20Musk%20is,%2450%20billion%20every%2010%20months
Chang, H. J. J., & Jai, T. M. C. (2015). Is fast fashion sustainable? The effect of positioning strategies on consumers’ attitudes and purchase intentions. Social Responsibility Journal.
Di Pietro, L., Edvardsson, B., Reynoso, J., Renzi, M. F., Toni, M., & Mugion, R. G. (2018). A scaling up framework for innovative service ecosystems: Lessons from Eataly and KidZania. Journal of Service Management.
Dinesh, K. K., & Sushil. (2019). Strategic innovation factors in startups: Results of a cross-case analysis of Indian startups. Journal for Global Business Advancement, 12(3), 449–470.
Fayvishenko, D. (2018). Formation of brand positioning strategy. Baltic Journal of Economic Studies, 4(2), 245–248.
GarcÃa-Gutiérrez, I., & MartÃnez-Borreguero, F. J. (2016). The innovation pivot framework: Fostering business model innovation in startups: A new tool helps entrepreneurs design business models by identifying the sources of competitive advantage embedded in an innovation. Research-Technology Management, 59(5), 48–56.
Hanson, G. H. (2005). Market potential, increasing returns and geographic concentration. Journal of International Economics, 67(1), 1–24.
Jacks, D. S., & Novy, D. (2018). Market potential and global growth over the long twentieth century. Journal of International Economics, 114, 221–237.
Kamps, H. J. (2020). Slide: Go-to-market strategy. In Pitch perfect (pp. 61–64). Apress.
Kehbila, A. G. (2020). The entrepreneur’s go-to-market innovation strategy: Towards a decision-analytic framework and a road mapping process to create radically successful businesses driving spectacular growth and profitability. Journal of Small Business & Entrepreneurship, 1–28.
Kuester, S., Konya-Baumbach, E., & Schuhmacher, M. C. (2018). Get the show on the road: Go-to-market strategies for e-innovations of start-ups. Journal of Business Research, 83, 65–81.
Kumbhat, A. (2018). Development stages and scaling issues of startups. In Flexible strategies in VUCA markets (pp. 3–15). Springer.
Leinwand, P., & Mani, M. (2021). Digitizing isn’t the same as digital transformation. Harvard Business Review. Retrieved April 3, 2021, from https://hbr.org/2021/03/digitizing-isnt-the-same-as-digital-transformation
Lopez Hernandez, A. K., Fernandez-Mesa, A., & Edwards-Schachter, M. (2018). Team collaboration capabilities as a factor in startup success. Journal of Technology Management & Innovation, 13(4), 13–23.
Ozturk, A., Joiner, E., & Cavusgil, S. T. (2015). Delineating foreign market potential: A tool for international market selection. Thunderbird International Business Review, 57(2), 119–141.
Pink, D. H. (2011). Drive: The surprising truth about what motivates us. Penguin.
Pranam, A. (2018). Product strategy. In Product management essentials (pp. 153–159). Apress.
Sanasi, S., Cavallo, A., & Ghezzi, A. (2020). Business model scaling through experimentation: Growth hacking in digital startups. In 27th Innovation and Product Development Management Conference (pp. 1–15).
Sarkar, J. (2018). Linking compensation and turnover: Retrospection and future directions. IUP Journal of Organizational Behavior, 17(1).
Shaikh, I. A., & O’Connor, G. C. (2020). Understanding the motivations of technology managers in radical innovation decisions in the mature R&D firm context: An agency theory perspective. Journal of Engineering and Technology Management, 55, 101553.
Total. (2019). Innovating to produce tomorrow's oil and gas. Retrieved March 30, 2021, from https://www.total.com/energy-expertise/exploration-production/oil-gas/innovating-produce-tomorrows-oil-and-gas
Ye, Q. (2018). New-born startups performance: Influences of resources and entrepreneurial team experiences. International Business Research, 11(2).
Author information
Authors and Affiliations
Corresponding author
9.1 Electronic supplementary material
Below is the link to the electronic supplementary material.
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Pauceanu, A.M. (2023). Go-To-Market Methods and Human Capital Aspects. In: Innovation, Innovators and Business. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-19-7408-3_9
Download citation
DOI: https://doi.org/10.1007/978-981-19-7408-3_9
Published:
Publisher Name: Palgrave Macmillan, Singapore
Print ISBN: 978-981-19-7407-6
Online ISBN: 978-981-19-7408-3
eBook Packages: Business and ManagementBusiness and Management (R0)