%0 Journal Article %J Technology Innovation Management Review %D 2017 %T Platforms for Innovation and Internationalization %A Erik Stavnsager Rasmussen %A Nicolaj Hannesbo Petersen %K globalization %K innovation %K internationalization %K lean and global startups %K lean startup %K platform %X 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 “a platform”. 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. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 7 %P 23-31 %8 05/2017 %G eng %U http://timreview.ca/article/1074 %N 5 %1 University of Southern Denmark Erik S. Rasmussen is an Associate Professor in the Department of Marketing and Management at the University of Southern Denmark in Odense. He received his PhD in 2001 from the University of Southern Denmark, focusing on fast-internationalizing small and medium-sized firms. His research focuses especially on international entrepreneurship and born-global firms. In recent years, he has particularly focused on studying international entrepreneurs that can avoid domestic path dependence by establishing ventures that, from the beginning, develop routines for a multi-cultural workforce, coordinate resources across nations, and target customers in several geographic places simultaneously. Furthermore, he has published a number of articles about lean and global startups combining the lean startup and born-global theories. %2 University of Southern Denmark Nicolaj Hannesbo Petersen is a PhD student in the Department of Marketing and Management at the University of Southern Denmark in Odense. A particular focus of the project is on innovation and internationalization processes anchored in the structure of relationships among SMEs. The network perspective is concentrated on a Danish publicly funded welfare/health technology cluster. Central aspects of the work include how and why embedded opportunities and constraints evolve and are made sense of through the network for economic action. Nicolaj’s work experience was gained from practice through innovation consultancy in the venture capitalist industry. %R http://doi.org/10.22215/timreview/1074 %0 Journal Article %J Technology Innovation Management Review %D 2015 %T The Emergence of the Lean Global Startup as a New Type of Firm %A Erik Stavnsager Rasmussen %A Stoyan Tanev %K born global firm %K early internationalization %K effectuation theory %K hypothesis-driven entrepreneurship %K international entrepreneurship %K lean and global start-up %K lean and global startup %K lean startup %K technology adoption lifecycle %X 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 “crossing the chasm” process as a successful entry into a global market niche. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 5 %P 12-19 %8 11/2015 %G eng %U http://timreview.ca/article/941 %N 11 %1 University of Southern Denmark Erik S. Rasmussen is an Associate Professor in the Department of Marketing and Management at the University of Southern Denmark in Odense. He received his PhD in 2001 from the University of Southern Denmark, focusing on the fast Internationalizing of Danish small and medium-sized firms. His research focuses especially on international entrepreneurship and born-global firms. In recent years, he has particularly focused on studying international entrepreneurs that can avoid domestic path dependence by establishing ventures that, from the beginning, develop routines for a multi-cultural workforce, coordinate resources across nations, and target customers in several geographic places simultaneously. %2 University of Southern Denmark Stoyan Tanev is an Associate Professor in the Department of Technology and Innovation, Faculty of Engineering, University of Southern Denmark in Odense. He is also an Adjunct Professor in the Department of Systems and Computer Engineering at Carleton University in Ottawa, Canada, where he was previously a faculty member in the Technology Innovation Management Program. He has a MSc and a PhD in Physics jointly from the University Pierre and Marie Curie, Paris, France and the University of Sofia, Bulgaria, a PhD in Theology from the University of Sofia, Bulgaria, an MEng in Technology Innovation Management from Carleton University, Canada, and an MA from the University of Sherbrooke, Canada. He has multidisciplinary research interests with a focus on the fields of technology innovation management, global technology entrepreneurship, business model design and value co-creation. Dr. Tanev is Senior IEEE member, as well as member of the editorial boards of the Technology Innovation Management Review and the International Journal of Actor-Network Theory and Technological Innovation. %R http://doi.org/10.22215/timreview/941