Start-Up and Small Business Life

Reference work entry


General Look

Start-ups and small businesses (SU&SB) refer to entrepreneurial businesses, with a focus on the early stages that hinge on innovation and provide new, wide-ranging value to their environment, including customers, suppliers, community, investors, etc. SU&SB are deemed promising trajectories to development and growth in business terms as well as within communities, both regional and global, by introducing innovation, creating new jobs, using advanced technology, facilitating upward social mobility, and stimulating innovative strategies and technologies. These are typically carried out by small teams, with constrained resources in a highly competitive environment.

SU&SB develop in dynamic environments with changing needs, among them unmet problems and new desires. Tackling such needs and desires invigorates the search for opportunities.An opportunity is a...
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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  1. 1.Department of Entrepreneurship and InnovationThe College of Management, Academic StudiesRishon LezionIsrael

Section editors and affiliations

  • Evangelos (Vangelis) Grigoroudis
    • 1
  1. 1.Decision Support Systems Laboratory, School of Production Engineering and ManagementTechnical University of CreteChaniaGreece