Orchestrating Resources in Green Startups: Learning from Case Studies

This study examines the characteristics of green startups and the progression of their resource utilization patterns during the pandemic emergency, focusing on case studies from the Startup Incubation and Innovation Centre (SIIC) of the Kanpur Indian Institute of Technology (IITK). This study explores how these startups overcame lockdown challenges and identified the resources they utilized throughout various development stages. The findings reveal that the green startups in the sample share characteristics of visionary and inventive startups, often lacking formal business education but possessing strong technical skills and social engagement. They rely heavily on human and social resources in the early stages, leveraging their networks and stakeholder support to define and develop their green innovations. The research also highlights the importance of open innovation strategies, particularly in the product development stage, where startups leverage research labs and expertise within the IITK ecosystem. This study increases the literature on green startups and offers practical recommendations for young green entrepreneurs, emphasizing the importance of operating in familiar industries, building stakeholder networks, and utilizing open innovation strategies for successful green innovation development.

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Publication Details

Journal
Sustainability
Published
2024-11-15
DOI
https://doi.org/10.3390/su16229956
Citations
1
Primary Topic
Innovation and Knowledge Management
Type
article
Field-Weighted Citation Impact
0.55
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article

Orchestrating Resources in Green Startups: Learning from Case Studies

B.V. Phani, Karen Venturini, Barbara Bigliardi, R A Bhaskar
1 citations
Sustainability
Innovation and Knowledge Management
0.55
article

Orchestrating Resources in Green Startups: Learning from Case Studies

B.V. Phani, Karen Venturini, Barbara Bigliardi, R A Bhaskar
article en
1 citations

Abstract

This study examines the characteristics of green startups and the progression of their resource utilization patterns during the pandemic emergency, focusing on case studies from the Startup Incubation and Innovation Centre (SIIC) of the Kanpur Indian Institute of Technology (IITK). This study explores how these startups overcame lockdown challenges and identified the resources they utilized throughout various development stages. The findings reveal that the green startups in the sample share characteristics of visionary and inventive startups, often lacking formal business education but possessing strong technical skills and social engagement. They rely heavily on human and social resources in the early stages, leveraging their networks and stakeholder support to define and develop their green innovations. The research also highlights the importance of open innovation strategies, particularly in the product development stage, where startups leverage research labs and expertise within the IITK ecosystem. This study increases the literature on green startups and offers practical recommendations for young green entrepreneurs, emphasizing the importance of operating in familiar industries, building stakeholder networks, and utilizing open innovation strategies for successful green innovation development.

SustainabilityVol. 16(22)
University of Parma (IT), University of the Republic of San Marino (SM), Indian Institute of Technology Kanpur (IN)
Industry, innovation and infrastructure
Openalex Percentile: Top 20%
Innovation and Knowledge Management
0.55
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Orchestrating Resources in Green Startups: Learning from Case Studies — B.V. Phani, Karen Venturini, et al. · Sustainability (2024) | TGRS Research Map | TGRS