💡 Background
Your thesis will be part of a research project focused on “predicting start-up success”. Especially in the early phases of start-up creation, there are no objective criteria for evaluating start-ups. Although there is consensus that team dynamics and personality are predictors for start-up success in these early phases, there is only little empirical research that has studied these and other factors as predictors for start-up success.
🦾Who We Are
The Chair for Strategy and Organization is focused on research with impact. This means we do not want to repeat old ideas and base our research solely on the research people did 10 years ago. Instead, we currently research topics that will shape the future. Topics such as Agile Organizations and Digital Disruption, Blockchain Technology, Creativity and Innovation, Digital Transformation and Business Model Innovation, Diversity, Education: Education Technology and Performance Management, HRTech, Leadership, and Teams. We are always early in noticing trends, technologies, strategies, and organizations that shape the future, which has its ups and downs.
🎯 Goals
The goal is to analyze the success of start-ups that claim or are identified to have environmental or social impact (funding series raised, sales, etc.). Do these start-ups underperform or outperform in comparison to start-ups in the same industry or with a similar business model? Have these start-ups seen a different development in recent years? Has impact become a predictor of success?
Explicit deliverables will include:
- Overview of current research on impact investing (~within 1. month)
- Definition of start-up in academic literature (~within 1.-2. month)
- Overview of variables to measure success of start-ups (~within 1.-2. month)
- Quantitative empirical analysis of success for start-ups with impact compared to non-impact peers, e.g., based on Crunchbase data (~ 2.-6. month)
The scope of the thesis will be determined based on your background and type of thesis / project study.
🧠 Topics of Interest
- Start-ups / entrepreneurship
- Societal and environmental impact
- Venture capitalists / investors
Please also note further active topics supervised by me.
🎓 Profile
- Reliable and self-driven
- Enthusiasm for start-ups
- Ability to do internet and desk research as well as connect with practitioners
- Passion to learn more about the future and do research with impact
📚 Further Reading
- Anirudh Agrawal & Kai Hockerts (2021) Impact investing: review and research agenda, Journal of Small Business & Entrepreneurship, 33:2, 153-181, DOI: 10.1080/08276331.2018.1551457
- Brad M. Barber, Adair Morse, Ayako Yasuda, Impact investing, Journal of Financial Economics, Volume 139, Issue 1, 2021,Pages 162-185, ISSN 0304-405X, https://doi.org/10.1016/j.jfineco.2020.07.008 .
📄 Requirements to any Work
We do not want your research to gather dust in some corner of bookshelf but make it accessible to the world. Thus, we warmly encourage you to create some or all of the following:
- Infograph - visually represent some of your work (find examples here)
- Slide Deck - summarize your research and possibly present it
- Extract most important sequences from podcasts, videos, and other media
- 3-4 Tweets about the most important findings and summarizing the topic
- optional: Medium Article - let people outside the university know about your research and start your personal brand
📬 How to Apply
If you are interested, please contact Riccarda Joas (e-mail below) by submitting your CV and grade report. Please also briefly outline your experience/knowledge and - if applicable - your tentative research idea (research question, methods and data, possible outcomes with a tentative outline all in word as *.docx)
We're greatly looking forward to hearing more about you!
👉 riccarda.joas@tum.de