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The number of dynamic machine systems using variable frequency dives (VFD)s has grown significantly in recent years. Improvements in the application and selection of equipment systems might result from a deeper familiarity with Variable Frequency Drives. The paper focus on energy-efficient speed regulation for a three-phase induction motor. The optimal performance and highest efficiency of a three-phase induction motor are achieved when a VFD (changeable Frequency Drive) is utilized to regulate the speed of the motor in conjunction with a changeable load. To demonstrate the validity of the notion of energy savings, an experimental setup is created using VFD, and the results are shown both with and without VFD. In our experimental setup, by dampening the vibrations produced by the motor at startup, variable frequency drives (VFDs) save a significant amount of power. [ABSTRACT FROM AUTHOR]

An effective source of financing plays a role among micro enterprises because it can help micro-enterprises survive, function, and grow in their business. This shows that the type of financing resources needed to drive the productivity growth of micro-enterprises to build and promote the rural financial system is needed to drive the overall growth of the economy in Malaysia. Microenterprises suffer from a lack of resources because small firms and involved in the start-up stage, and lenders are not interested in providing financing for this group. The problem of this study is that access to financing sources is one of the main obstacles to the development of micro-enterprises to build a successful business. The main objective of this study is to examine the probability between financing problems and entrepreneurial skills that have the highest influence on funding sources. The study respondents consisted of managers of micro-enterprises who do business in the Batu Pahat District area. The research conducted is quantitative by using questionnaire instruments for the purpose of data collection. A total of 118 people were made as respondents and the data obtained will be analyzed using the Statistical Package for Social Science (SPSS) version 23.0 software. The collected data were analyzed using descriptive analysis, correlation analysis, and binary logistic regression. The results of the study found that financing problems and entrepreneurial skills affect funding sources with a moderate degree of tendency. In addition, the results of this study also found that the probability ratio of micro-enterprises with entrepreneurial skills will have a better advantage in influencing effective funding sources. [ABSTRACT FROM AUTHOR]

Multilevel inverters are widely used due to their advantages such as better waveform quality. As new switches are added to the converter, the cost and complexity of control also increases. To overcome these issues, a multi-level start-up inverter with reduced switching topology for stand-alone solar PV systems will be implemented. In this paper, the level-shifted sinusoidal pulse-width modulation technique is chosen as the control scheme to control the switches of the multi-level inverter. Comparison of the performance of a multi-level single-phase inverter and a cascaded H-bridge inverter at different values of THD. [ABSTRACT FROM AUTHOR]

The main objective of this study is to develop an understanding of the importance of start-up companies in preparing good and clear strategic planning documents so that they are ready to face technological challenges with competing companies. The reality on the ground, many startup companies fail because of the business foundation and do not have a mature plan to be able to grow and survive with competing companies. Business processes that are still minimal are also another cause of start-ups not surviving. This research used The Open Group Architecture Development (TOGAF ADM) method and interview data collection techniques and business process analysis. The result of this study is a documentation of the internal and external conditions of the company in terms of information technology, togaf adm artifacts and IT planning. In internal conditions, an analysis of business processes running on the company is carried out such as strengths and weaknesses. External conditions are carried out by analyzing the threats and opportunities that will arise from competing companies, this analysis can be described with Mc Farlan. The depiction of business process analysis of the main and supporting activities can be described with a valuechain. This process then produces strategic planning recommendations for start-up development including product marketing, management, employee management, revenue growth and market share measurement. This article can contribute to strengthening digital start-up companies with a small business process scale that can develop towards sustainable development and the era of society 5.0. [ABSTRACT FROM AUTHOR]

Entrepreneurial ecosystems have developed into an interesting field of research that is attracting a significant amount of academic attention. Nevertheless, practical experience shows that not all ecosystems are equally successful. This paper analyses the success factors of six different ecosystems. Using a methodology that combines in-depth content analysis and expert interviews in a multiple case study, we identify and compare the specific factors that determine the success of these ecosystems. By identifying which factors are transferable across different contexts and which are unique to specific ecosystems, this study contributes to a deeper understanding of how entrepreneurial ecosystems can be effectively designed and cultivated. The results are relevant for both practitioners and researchers seeking to foster a stable entrepreneurial environment. [ABSTRACT FROM AUTHOR]

Venture Capital (VC) plays a critical role in the internationalization of software companies, offering not just financial resources but also valuable social capital. This capital, defined as the sum of resources within and derived from a network of relationships, is crucial for small and medium-sized enterprises with limited resources. Studies highlight the importance of social networks in accessing market opportunities and the unique role of stakeholders in driving international growth. However, the specific influence of Venture Capitalists, especially in contrasting Silicon Valley's VC-funded firms with non-VC-funded German companies, remains underexplored. This research aims to bridge this gap, examining how VC impacts the international strategies of software companies and the role of various stakeholders in this process. [ABSTRACT FROM AUTHOR]

Accurately predicting the success of already operating businesses is crucial for investors because investing in startups is a high-risk, high-reward endeavor. This study focuses on the use of machine learning algorithms to forecast startup success and the implications for financial decisions. By leveraging historical data and a diverse set of features, machine learning models are trained to classify startups as successful or unsuccessful based on various factors such as financial data, milestones, average participants, advertising status, funding years, and relationship factors. This provides valuable insights for investors to make informed investment decisions by accurately assessing the potential success of startups, manage risks, optimize their investment portfolios, and increase their chances of achieving higher returns on their investments. [ABSTRACT FROM AUTHOR]

Purpose: Incubation ecosystem is evolving immensely and many startups incubates are opting for the services. Incubating startups want to opt the better Incubator based on factors responsible for the success of an Incubator. Various studies on incubator were conducted with reference to incubator goals, admissions & exit policies, selection process, incubator facilities, and services. The purpose of this study is to understand the role of Networking with other ecosystem stakeholders in incubation. To understand the role of Networking in success of an incubator, we have collected data from Incubator Manager and as well from start-up company owner or incubatee firm's manager. The data was collected through a well-designed structured questionnaire and by interviewing them. The responses were recorded and analyzed. KMO and Bartlett's Test is conducted using SPSS software for accessing the sample adequacy. Factor Analysis technique is used, and Eigen Values were noted, to identify the factors to eliminate. Component Matrix and Factor Extraction were used to find out the factors which influence the incubator performance. The findings from the study reveal that the Networking of an Incubator with the local and regional ecosystem stakeholders will help in delivering the desired skills among incubates and the outcome would yield either fund generation or co-innovation. The emerging economies started establishing business incubation centers to support startups in their early stages and proven to be crucial in nurturing them towards business sustainability. But incubation centers are facing challenges in terms of extending their support to incubated firms. It has become a time-consuming process for startups to sustain and generate revenue which is resulting in the closing of these startups. This study has been carried to understand the support expected by the incubation centers versus the expectations of the incubation firms, with a relevance to role of Networking of an Incubator with other ecosystem stakeholders in its success. The study focuses on networking support provided by incubation center and, the incubates preferred factors in networking. [ABSTRACT FROM AUTHOR]

In-mould process data is essential for high quality injection moulding processes due to its high correlation to multiple quality criteria, such as part weight, dimensions and surface properties. To take advantage of the high correlation of cavity pressure and part quality, we developed a phase-unifying model-based cavity pressure control. This approach allows an approximate prediction and realisation of cavity pressure curves in real-time by calculating the optimal screw velocity adjustment based on a process model. The phase-unifying process control approach avoids discontinuities by eliminating the switch-over point and enables thereby a smooth transition from filling to packing. Besides the process control concept, the specification of a suitable process setting is the second key factor in achieving high part quality. A process adaption is always required, if process disturbances occur. For example, production interruptions can occur in the injection moulding process when parts are demoulded incorrectly. Furthermore, process disturbances can influence the injection moulding process such that the process parameters leave a predefined monitoring window and cause a machine interruption. During these interruptions, the thermal household of the mould and polymer melt changes. This causes rejection of parts during the subsequent start-up process due to the changed process conditions. The start-up of the process takes a long time until quality criteria can be again fulfilled. The study aims to shorten the start-up process as use-case for phase-unifying process control. For this purpose, injection moulded parts were produced for various interruption times. The part quality of the first five parts of start-up process was determined by weight measurements. Additionally, we carried out injection moulding trials for different cavity pressure references to quantify the correlation between cavity pressure characteristics and part weight as quality criteria. Quantitative correlations between cavity pressure characteristics and part quality were determined by calculating an ideal cavity pressure reference for inline process control for the start-up process. This allows high process stability under the occurrence of production interruptions with fast mould filling. The quality consistency of part weight was increased by 35 % for the first five produced parts. This leads to a highly reproducible process and fewer rejected parts during the production start-up. Part weight fluctuations are significantly lower compared to conventional process control, which shows the high potential of a combined inline and online phase-unifying process control for injection moulding. [ABSTRACT FROM AUTHOR]

Purpose -- In this study, it analyzed how the governance of an Entrepreneurial Ecosystem (EE) contributes to the development of startups. This review is necessary for two reasons: first, there is a lack of consensus on the ideal governance model within an EE; second, many existing studies focus exclusively on governance for the development of EEs, and do not provide results for startups, especially on the engagement of the actors, allocation of resources and the elements that drive this development. Design/methodology/approach -- For this research, 219 peer-reviewed articles listed in the four main business and management databases, were systematically analyzed using a three-step procedure. Through a rigorous analysis of the data collected, 32 high-ranking articles closely related to the topic proposed for this study were found. Snowball technique was also used to ensure that all important articles were included in this research. Findings -- First, the state of the art of EE, the dynamic, multifaceted and multilevel structure of this ecosystem were analyzed, as well as the elements that make it up. Second, the types of governance in an EE were identified and it was found that most studies in this field do not consider the different levels (micro, meso and macro) of EE and their effect on the development of startups. Third, it was found that, although there is a lot of evidence about the importance of governance for the good performance and success of an EE, little is known about which is the ideal model of governance that promotes entrepreneurship. Future directions -- In addition to the propositions created to be tested in future studies aimed at advancing the field of study of Entrepreneurial Ecosystems, it is proposed to carry out a comparative study between an EE in a developing country and an EE in a developed country (Wang et al., 2023). This comparative analysis can shed light on the specific dynamics of governance at the different levels of EEs, identifying the key elements that make up each level in the different contexts (Knox & Arshed, 2022). By applying the lens of institutional theory, this study will be able to critically address how "institutional voids" - gaps in policies, regulations and social norms - affect EEs in developing countries. Research limitations -- This study has three main limitations. First, it searched for papers only on the three main scientific databases. Other sources like ProQuest, JSTOR, EBSCOHost and Google Scholar were not examined. Second, the final sample only considered papers published in high-ranking journals, which are in the first quartile, with an H-index of 50 or more. For these two reasons, important information may have been left out. Finally, to find more evidence on the role of the governance in entrepreneurial ecosystems that foster the development of startups, a snowball technique was used. It is recognized that knowledge about the complexity of governance and its practices at the different levels of an EE is still limited. This subject will be further developed in the thesis proposal. [ABSTRACT FROM AUTHOR]

This qualitative and exploratory study sought to understand how the Living Lab approach can serve as an innovative alternative to test a regulatory structure organized by principles for Artificial Intelligence (AI). The main research problem is: what would be the structuring elements of a nonlegislative regulatory model that could standardize the advances in Artificial Intelligence? The units of analysis were the developments and commercialized innovative AI applications of startups from an incubator that integrates an internationally renowned Technological Park in Brazil. Entrepreneur perceptions of the dimensions of the Living Lab approach are described, analyzed, and compared (i.e. the interaction between multiple stakeholders, cocreation of value, user-centered research, solving real-world problems, and adopting multiple methodologies). The findings suggest that the Living Lab approach is an alternative for creating and developing innovations and applications in AI, with the active involvement of end-users while facing existing regulations and testing environments for new regulations - principles published by the European Union and OECD. An important observation that emerged from the study: the advances in Artificial Intelligence have occurred on an increasing scale, very close to exponentiality. For this reason, the need and importance of spreading the regulatory importance of these "what should be" principles, is very similar to those of the rules produced by state legislative action. In this exploratory study, it became evident that entrepreneurs feel there is a lack of clear regulatory mechanisms. The role of the Law in the creative proposition of regulatory models should be based on globally accepted principles, such as those published by the European Union and the OECD. [ABSTRACT FROM AUTHOR]

This study aims to propose a framework to map the startup ecosystem in the city of Porto Alegre. A framework-based review was used, and secondary data were collected from reports on the city of Porto Alegre and the state of Rio Grande do Sul. As a result, a framework for startup ecosystems was created with six dimensions: sustainability, economic, social, human capital, infrastructure, and political-legal. The results show Porto Alegre as one of the top 5 cities in the Brazilian innovation ecosystem. For example, in the economic dimension of the Ranking of Competitiveness of Municipalities, Porto Alegre ranks 2nd; in the infrastructure dimension, the city ranks 5th. Additionally, challenges and opportunities are outlined. The use of this framework proved to be valid for this mapping, and thus, we consider this work a form of validation for the innovation ecosystem. [ABSTRACT FROM AUTHOR]

This paper seeks to construct a theoretical framework to understand better crowdfunding, its applications, and its impact on the progression of start-ups and small and medium-sized enterprises (SMEs). Researchers have investigated the origins and consequences of financing through crowdfunding in start-ups and SMEs thus far. Lack of funding to launch, maintain, and expand firms is one of the most significant obstacles to small and medium enterprises' success. Higher rules and prudential standards by financial institutions, combined with the global financial crisis of 2007-2008, significantly reduced credit supply to start-ups and SMEs. Crowdfunding is a group effort that enables business owners to obtain cash from numerous individual sources via online platforms. This article explores the growth of crowdfunding within the Indian context, consolidating various scholarly studies focusing on advancements in funding for start-ups and Small and Medium Enterprises (SMEs). Furthermore, it delves into how much crowdfunding has provided financial assistance to these entities. The article aims to highlight to researchers and policymakers the necessity of enhancing the structure to achieve balanced development between conventional and alternative economic systems. [ABSTRACT FROM AUTHOR]

The trucking industry plays a vital role in the supply chain, GHG emissions, and the national economy. In recent years, due to a significant deficiency in freight forwarding, Digital Freight Matching (DFM) models have emerged. These models utilize information technology tools and advanced data analytics techniques to address the problems of the traditional approach. Recently, various DFM business models have been proposed, each with different characteristics. A review of the existing literature reveals a gap in studies examining these business models. In this regard, the present study not only critically reviews the evolution of freight forwarding but also comprehensively analyzes various DFM business models in terms of operational process, revenue, customer relationship, and digitalization. Moreover, it addresses critical questions about the advantages and disadvantages of traditional Freight Brokers and DFM models and their impact on the industry. Finally, the study results offer insightful suggestions, serving as a guide for startup companies looking to choose an appropriate business model. In addition, the result indicates that there is not a universal business model that fits all companies aiming to venture into DFM. [ABSTRACT FROM AUTHOR]

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This research combines the investigation on the contributions of the AlgoSolis laboratory in the development of innovations, emerging new fields and start-ups and the analysis of LLDC Algae, a company located in the West of France. Using both point of view will help to understand the opportunities and threats, as well as the key factors of success in the microalga market. This research objective is to present the resources conditions and the necessary expertise to develop microalga transformation for different markets, to support a sustainable agriculture. Two industrial applications seem to be more promising in our context of renewal solutions to support a low environmental impact: greenfeed for the animal feeding and green crops that propose crop supplements based on microalga. The company LLDC Algae targets the needs of both markets thanks to its expertise and to the high-performance proposal compared to traditional solutions. We are looking for the adopters' factors to increase the implementation of these solutions. [ABSTRACT FROM AUTHOR]

The trucking industry plays a vital role in the supply chain, GHG emissions, and the national economy. In recent years, due to a significant deficiency in freight forwarding, Digital Freight Matching (DFM) models have emerged. These models utilize information technology tools and advanced data analytics techniques to address the problems of the traditional approach. Recently, various DFM business models have been proposed, each with different characteristics. A review of the existing literature reveals a gap in studies examining these business models. In this regard, the present study not only critically reviews the evolution of freight forwarding but also comprehensively analyzes various DFM business models in terms of operational process, revenue, customer relationship, and digitalization. Moreover, it addresses critical questions about the advantages and disadvantages of traditional Freight Brokers and DFM models and their impact on the industry. Finally, the study results offer insightful suggestions, serving as a guide for startup companies looking to choose an appropriate business model. In addition, the result indicates that there is not a universal business model that fits all companies aiming to venture into DFM. [ABSTRACT FROM AUTHOR]

India has positioned itself as the world's second-largest startup ecosystem, trailing only behind the United States. The nation has become a focal point for startups, advancing at an exponential pace. Cities such as Bengaluru, Mumbai, and Delhi have secured positions among the top 40 global startup hubs, as highlighted in the Global Startup Ecosystem Report 2022. In 2021, Indian startups raised an impressive sum of over $23 billion through more than 1000 deals, leading to 33 startups achieving unicorn status. The trend continues in 2022, with an additional 13 startups joining the coveted unicorn club. The burgeoning confidence among investors in Indian startups is evident, gaining traction across various stages of the startup journey. Recent years have witnessed a substantial transformation in India's entrepreneurial landscape, encompassing the founding of new startups, heightened global investor interest, and advancements in infrastructure and policies. Consequently, this research endeavors to delve into the growth trajectory of new ventures, identify the determinants influencing startups, and scrutinize the challenges that startups face in the Indian context. The study relies on secondary data and employs statistical tools for data analysis and inference. It reveals that the scale of startups in India is considerable, and the challenges they encounter significantly impact their growth. Additionally, the research identifies potential areas for further exploration in the realm of startups in India. [ABSTRACT FROM AUTHOR]

The discovery of Corona virus and its spread all over the world led many countries to implement strict measures like lockdown. This lockdown has disrupted many businesses, drastic drop in global demand results in to lay off for many organizations. Lakhs of people have lost their jobs during this pandemic. It was a shock to economic actors includes big giants as well as start-ups. Pandemic came with many challenges for businesses and people in common. But at the same time it also came with several opportunities in the form of start-ups. Government of India also put one step ahead to support the start-ups. Current study made an attempt to understand how management students take this opportunity by choosing start-up as a career option. A survey was conducted among management students pursuing their masters under Pune University. It was aimed to study their perception and preferences for start-ups, motivating factors and Government initiatives taken during pandemic period to boost start-ups. Study reveals that there is a positive inclination among management students to choose start-up as a career option. Management students prefer more to jobs but still there is a significant percentage of the respondents willing to start their own venture also. [ABSTRACT FROM AUTHOR]

India currently has the world's second-largest startup ecosystem. One of the most crucial ways to handle the urgent problems facing humanity is through startups, as they are able to come up with answers and react to problems faster than other organizations. Incubators are becoming more prevalent, and young people's enduring inclination to establish their own companies is another factor propelling early-stage startups and entrepreneurship in India. While startup claims to be able to transform the world are sometimes overblown, successful businesses may make a big difference in the world. Over the past 20 years, India's view of startups has changed dramatically, moving from a specialized business to a thriving ecosystem that has fueled the nation's economic growth and elevated its prominence abroad. India's market has a wide spectrum of wants and aspirations because of its huge and youthful population as well as its expanding middle class. The youth talent pool in India has been crucial in fostering innovation and accelerating economic expansion. India has developed into a hub for logistics, cars, and IT, which encourages start-ups. The objective of this paper is to analyse the current expansion and advancement of Indian startups. This research is based on the secondary data available through various journals and reports. The Government of India as well as State Governments have provided a strong support to the start-ups as it has a proven track record of employment generation which help to tackle the increasing unemployment in India. It is hoped that in times to come Indian Start-ups will scale high and will provide leadership to the developing world. [ABSTRACT FROM AUTHOR]

About 50% of all business startups in the U.S. vanish by their fifth year (Fisher, Maritz, & Lobo, 2014). A survey by the U.S. Census Bureau (2015) identified 5.4 million small businesses in operation, with about 67% having fewer than 20 employees. Most small businesses are known as micro-business enterprises (MBEs) and are run by micro-business owners (MBOs). This qualitative phenomenological study explored decision-making principles of causation and effectuation on MBOs whose MBEs had fewer than 15 employees. There are challenges MBOs experience when the MBE transitions out of the startup phase and enters into growth--a phase known as the inflection point (Dimovski, Penger, Peterlin, & Uhan, 2013). Exploring MBO decision-making was central to the study. Understanding the role decision-making principles of causation and effectuation had on the success or failure of an MBO's business at the inflection point in the business lifecycle was central to the study findings. The findings in the study supported the problem statement in that MBO behavioral characteristics contribute to how decisions are processed as the MBO engages in decision-making when looking at opportunity, resource utilization, strategy development, and other functions necessary to the building of a successful business. [ABSTRACT FROM AUTHOR]

This project focuses on experimental evaluation and simulator performance for a two-station brushing simulator of current fourth version. Before the simulator released to end user, several testing must be conducted to examine the consistency and reliability of the simulator experimentally. Experiments include speed display, force-based stroke count, counter limit switch and starting speed. Firstly, speed display test compares the DC motor speed display in LCD with tachometer measurement. The force-based stroke count aims in determining the contact between toothbrush and blocks/chamber affects stroke count. The counter limit switch testing aims to test the efficiency of limit switch functioning. Lastly, starting speed testing checks the lowest and maximum DC motor speeds. Three simulator sets were planned: without toothbrushes and blocks, two toothbrushes with no blocks, and with toothbrushes and blocks. The devices used include a tachometer, built in limit switch and DC motor, FSR sensor and a stopwatch. The speed settings for the brushing simulator are 160rpm, 240rpm, 320rpm, 400rpm, and 480rpm as within the DC motor used speed range. The results show accuracy of the speed measured by a tachometer and direct LCD displayed is less than 5% error. Meanwhile for force-based stroke count, the contact between toothbrush and blocks/chamber lessens the number of strokes. Then for counter limit switch testing, result shows increasing the speed produce raises in the stroke number consistently. Final testing gives consistent start-up speed at 160rpm and maximum speed at 480rpm as this testing use specified DC motor attached to the brushing simulator. [ABSTRACT FROM AUTHOR]

Entrepreneurial ecosystems are a promising research subject that has attracted significant academic interest. One of the most well-known frameworks in the literature comes from Stam (2015), who describes the ten elements of the entrepreneurial ecosystem. This paper complements Stam (2015) by adding a detailed content analysis and ten expert interviews embedded in case study research. We demonstrate the practical needs required within the individual elements of his framework. Furthermore, this study determines the most critical components of his framework and those of less significance. In addition, gaps in the existing framework are identified from a practical perspective and stakeholder requirements are subsequently integrated into the model. The extended, practice-oriented framework illuminates crucial considerations in developing and managing entrepreneurial ecosystems. [ABSTRACT FROM AUTHOR]

Renting instead of purchasing clothes has been proposed as a sufficiency-enabling business model in line with circular economy principles. It can reduce overall consumption and, thus, lessen the fashion industry's significant environmental impact. While this concept is established in Vietnam, it is a novel area of sustainability-oriented business models in Germany. Given the altered role of customers in this context, this study investigated consumer attitudes towards clothingrental services in Vietnam and Germany based on qualitative contentanalysis of in-depth interviews with 25 participants from each country as well as the public discourse in online magazines. Driven by sustainability and price considerations, consumers in both countries display openness towards the model, particularly for festive occasions. However, concerns about hygiene, quality, and convenience persist. The findings were matched with a circular business model canvas and can aid start-ups in tailoring their offerings to the demanding consumer expectations. [ABSTRACT FROM AUTHOR]

In recent years, Corporate Innovation Hubs (CIH) - used as an umbrella term for corporate accelerators and incubators - have gained importance, both in academic and practical circles. Nevertheless, many CIHs fail and fall short of expectations. This study uses a qualitative research approach to explore the question of how each proximity dimension affects the success of CIHs. For this purpose, semi-structured expert interviews (N=28) with CIH managers in German-speaking countries were conducted and analyzed using a qualitative content analysis. The results show that all proximity dimensions have an impact on the success of CIHs, with organizational and institutional proximity being particularly relevant. In addition, the inverted U-shaped relationship between proximity and innovation discussed in the literature can be confirmed. Also, the parameter with the largest actual-target divergence in Germanspeaking countries was organizational proximity. [ABSTRACT FROM AUTHOR]

Startup has a significant impact on entrepreneurial innovation ecosystem development through technological innovation resulting from cooperation with diverse businesses entities. Previous studies have already emphasized that technological cooperation with large enterprises and startups accelerates innovation in this ecosystem, but they focused on the performance in the perspective with the system level. In this study, we propose a framework for establishing individual group-level networks that allow resources and knowledge of large enterprises to be linked in the cutting-edge technology of startups at the region level. Our framework comprises several key components: the selection of large enterprises within the region, the identification of potential candidate startups, and the extraction of technological connectivity between large companies and the candidate startups. On the basis of the proposed methodology, we conducted a case study of how large enterprise, GM Korea, should be developed cooperation relationship with constituent startups related with manufacturers of automobile-related components, and potentially strengthening. [ABSTRACT FROM AUTHOR]

"Barcomon" is a virtual pet game for smartphone with an Android Operating System. This game was made using C# programming language and Unity as the development program. In this game, player will act as a Coder with a goal to achieve the Code Master title by winning all the battle on The Forum. Coder must take care and train the monsters. Player can get the monsters by scanning any barcode from any daily product. The testing of this game is done by using a blackbox testing method, alpha testing, and beta testing with a survey distributed to respondents. With the Barcode Scanner feature, this game is expected to be a means of promotion for various companies in this case OneTwoCode being a case study. [ABSTRACT FROM AUTHOR]

Entrepreneurship is still young and developing in Mongolia, yet it is the main driver of the Mongolian economy. According to The National Statistics Office of Mongolia, small and medium businesses create 52.5% of all jobs in Mongolia. To ensure more qualified entrepreneurs join the labor market, educators and instructors can help with resources for their students that will enable them to create successful businesses. Entrepreneurship education can play an essential role in providing a qualified and skilled supply of entrepreneurs for the Mongolian economy. This paper will examine how project-based learning impacts engineering students' entrepreneurial mindset at Mongolia's university. The study will try to create awareness of the importance of entrepreneurship education and a project-based learning (PBL) approach for students with any engineering background. As a case study, this research will take "NUM Startup 2.0", a five-month program in that students can team up with their professors to build a startup company from the beginning. A qualitative research methodology will be used to conduct interviews with participants of NUM Startup 2.0. This research will use homogenous sampling to select students with similar backgrounds, and for a semi-structured in-depth interview, collected data will be analyzed using the thematic analysis method. Moreover, this research may provide valuable feedback to universities in Mongolia to develop more well-structured courses for students. [ABSTRACT FROM AUTHOR]

Artificial intelligence incorporated into machines utilizes capacities to work and replaces people. Knowledge is the method of assembling empowered machines that can mirror human tasks as unique. With digitalization, organizations are remodifying their enterprises and making new business possibilities. Because of AI innovation, organizations change their dynamic cycles and systems and everyday tasks to accomplish the upper hand. An impressive development in the utilization of AI for activities, the board, is fully intent on observing answers for issues that are expanding in intricacy and scale. With the turn of growth and advancement of data innovation, competitiveness has become increasingly more in-depth worldwide. The AI has its own explanations behind examining and settling the sorts of issues that prompted a critical measure of exploration along with the conventional operational research discipline. Many organizations have estimated the fate of operations management. This paper lines with a descriptive research study highlighting the importance of process operations. This paper gives insights about AI technology into operations management and suggests selecting process technology and deploying AI into operations management. [ABSTRACT FROM AUTHOR]

As the new digital era is accompanied by accelerating change, people as well as institutions need to adapt and transform. Crucial for their success is how well leaders can cultivate the absorption and sharing of knowledge as a resource and its integration into the organisational endeavours. Innovative system designs may prove vital to providing crucial support. Based on a prior academic design science research project and published outputs, a recently established start-up aims to create a digital community platform for knowledge co-creation to serve members with diverse ambitions and potentials in their personal and collaborative contexts. The digital platform ecosystem follows a novel knowledge management approach by favouring personalization, mobility, generativity, and entropy reduction. How to sustainably address the inherent system complexities and scaling needs in an entrepreneurial environment known for short iterative cycles of minimum viable developments have proven to be an expected challenge, closely followed by the limited power of academic detail and lingo to create enthusiasm in start-up spaces where attention slots are measured in pitch decks and elevator rides. This paper looks at this particular case and at the lessons learnt in the transition phase from academia to a business incubation space and, hence, aims to contribute to the discourse between scholars, practitioners, and clients on how digital entrepreneurship and innovation spaces may be best served for mutual benefit. [ABSTRACT FROM AUTHOR]

In the last 10 years, the connectivity of the human being with technology has become evident all over the world, we are in times of high use of technology in everyday life, as evidenced by the use of an Uber to study an online class with colleagues from other countries. Technology has led to the growth of education in Peru during the Covid-19 pandemic, which has allowed entrepreneurs to have a global perspective by creating enterprises in the education sector with a vision of scaling up to the foreign market. These startups are startups known as edtech startups. In this context, this research aims to determine the factors involved in the internationalisation of startups. The qualitative approach was used with a cross-sectional design based on in-depth interviews with experts and founders of this ecosystem, and a group of founders shared a success story of two startups selected for convenience. Networking and financing. Through innovation, strategies are applied in the startup processes to retain the consumer and obtain high recognition; networking helps to have contacts in all target countries, easy access in the selected market and financing allows sustainability in the market. It is concluded that these most relevant factors cooperate in the entrepreneurial ecosystem achieving a business model with high innovation and technology focused on improving education and at the same time entering the international market. [ABSTRACT FROM AUTHOR]

Today, no one doubts that the need to improve approaches to introduction of innovations in the agricultural industry. Due to this fact the experience of foreign countries that have been successfully applying the achievements of digitalization in agricultural practice over the past decade is quite valuable. At the same time, the state provides comprehensive support to private companies that take the initiative in this area by financing start-ups, providing legal support, etc. Due to the tandem where business and the state (where both are interested in the introduction of digital technologies in the agro-industrial complex (AIC)) are working together at a high pace, the effectiveness of this process is much higher, since private companies, relying on state assistance, have the opportunity to actively implement the most bold decisions in this area. Public-private relationships and the knowledge and authority that arise from them are important to understand how digital technologies are being introduced into agriculture. Using the example of consideration of the implementation of the AgroDrone company start-up and the activities of the SFF test centre, it was analysed how expert knowledge and authority make a significant contribution to the introduction of smart farming technologies in Switzerland. The purpose o this research is to review the features of digitalization of AIC sphere that acts as the most important direction of interaction between government and business. A feature of this process is the need for state support for entrepreneurial initiatives in the field of introducing digital innovations in the agricultural industry. [ABSTRACT FROM AUTHOR]

The SunDial is a new rotatory Fresnel designed for solar heat industrial process (SHIP) applications. This study aims to perform a dynamic analysis of the SunDial against different transients such as start-up, defocus, and cloud passage. We used Dymola software to simulate the SunDial connected to a heat exchanger, which represents industrial heat demand, in a closed-loop with several controllers. The system could maintain the demand-inlet temperature at a constant value on the thermal oil side despite the variability of the solar resource. A defocusing mirror controller could manage to limit the temperature to the maximum allowed, preventing overheating. [ABSTRACT FROM AUTHOR]

The integration of high temperature thermal energy storages into existing conventional power plants can help to reduce the CO2 emissions of those plants and lead to lower capital expenditures for building energy storage systems, due to the use of synergy effects [1]. One possibility to implement that, is a molten salt storage system with a powerful power-to-heat unit. This paper presents two possible control concepts for the startup of the charging system of such a facility. The procedures are implemented in a detailed dynamic process model. The performance and safety regarding the film temperatures at heat transmitting surfaces are investigated in the process simulations. To improve the accuracy in predicting the film temperatures, CFD simulations of the electrical heater are carried out and the results are merged with the dynamic model. The results show that both investigated control concepts are safe regarding the temperature limits. The gradient controlled startup performed better than the temperature-controlled startup. Nevertheless, there are several uncertainties that need to be investigated further. [ABSTRACT FROM AUTHOR]

The thermal response of a multilayered refractory-lined solar receiver has been compared with and without covering the aperture during the shutdown period. This includes an assessment of the influence of aperture cover on the overnight temperature drop, start-up time and thermal stresses. [ABSTRACT FROM AUTHOR]

Higher Education Institutions (HEIs) face a high degree of complexity when designing entrepreneurial education programmes at the level of University Business Incubators (UBIs) and beyond. Our paper addresses these concerns by answering the question: "What are the entrepreneurial and pedagogical methods, templates and tools that a new academic venture needs to be exposed to in order to not only raise awareness but also increase the level of successful start-up creation?". To this end, we seek to build a framework that delineates different entrepreneurial education (EE) approaches along the lifecycle of new venture creation at universities. Moreover, we reflect our theory-based framework with a case study of different EE education provided to different target groups (students, academic venture teams) at a German university, i.e. the Ruhr-Universität Bochum and its excellence start-up centre "Worldfactory". This study will provide new insights into EE and higher education, and the dynamics of new ventures and their entrepreneurs in the awareness EE stage. [ABSTRACT FROM AUTHOR]

During the development of technological innovation projects, the team has difficulty to identify and managing uncertainties, which represents a challenge to bring the technologies closer to the market. Although there are studies on the management of uncertainties in innovation projects in different contexts of organizations, no studies were found relating to the adoption of Lean Startup (LS) practices and the management of uncertainties during the development of technological project processes in academic environments. Thus, this research aims to identify the uncertainties that can be mitigated during the development of these technological projects using LS practices. A multiple case study was conducted within a Brazilian federal university to fill this gap, analyzing nine technological innovation projects. The research consisted of identifying the uncertainties experienced by the project innovation development team before and after the application of LS practices. In the end, the uncertainties were analyzed in the context of each technological project, considering the mitigation achieved after applying the LS practices, and comparing them with their initial state. As a result, it was observed that the initial uncertainty categories most experienced by the project teams were related to products and resources, especially those related to knowledge and team profile. When evaluating the uncertainties after applying the LS practices, it was possible to observe that the most mitigated uncertainties were related to resources followed by the business model, the latter being the third most experienced in the initial scenario of the project development process. On the other hand, the uncertainties related to products were the ones that presented the least mitigation. Regarding resource uncertainties, the LS practices contributed to the mitigation, specifically those related to process quality, obtaining resources and knowledge, and team profile. As for the uncertainties observed in the business model, better results were observed specifically in those focused on marketing strategy, pilot production, and definition of the revenue model. It is concluded that the LS practices made more significant contributions to the business-related uncertainties than to product-related ones since product-related uncertainties were the ones that obtained the lowest mitigation results. [ABSTRACT FROM AUTHOR]

This paper introduces the early phase of research designed to unpack the phenomenon of gender diversity in technology new venture teams including its barriers, potential benefits, and challenges. We present some preliminary case study findings from 13 interviews with team members from three technology new ventures in Indonesia. This research setting allows us to investigate a unique cultural context in a developing country. The present study addresses a significant research gap by elucidating various viewpoints of new ventures towards gender diversity within the same institutional context, thereby enabling a nuanced understanding of their ability to leverage the potential benefits of gender-diverse teams for innovation. Specifically, our findings reveal that new ventures have different abilities to navigate the barriers and challenges associated with gender diversity. This study identified three distinct barriers, namely the acquisition of gender-balanced applicants, the mitigation of gender-specific bias, and the effective management of dynamics team composition. In addition to the potential benefits of having a gender-diverse team, such as enhanced collaboration, balanced thinking, and inter-group competition, our research has identified three significant challenges. These include the need to overcome cultural and social norms that hinder gender diversity, effectively managing diversity management practices, and improving employee engagement and a sense of belonging. The initial results of our study offer some practical and theoretical implications for enhancing the potential of new ventures to leverage the advantages of gender-diverse teams to promote innovation. These we aim to study further as the doctoral investigation advances further through more extensive case study analysis. [ABSTRACT FROM AUTHOR]

The digital divide concept recognizes that with the rapid pace of technological advancement, actors who lack access to digital infrastructure and the necessary knowledge may not have the opportunity to benefit from the opportunity that digital entrepreneurship offers. Online-exclusive ventures now constitute a growing proportion within the gross population of new ventures started up, especially in China. Digital entrepreneurship is viewed as the new vista where aspiring entrepreneurs are able to rapidly setup and test new business ideas, significantly reducing startup costs and the costs associated with startup failure. A key question for new entrepreneurs, therefore, is: what drives "success" in digital-only entrepreneurship, and are these drivers significantly different when compared to conventional or online-offline hybrid entrepreneurship? Here it is alleged that 'digital identity' plays a significant role in determining online-only start-up "success". Our aim in this paper is to identify the overlaps between 'identity' and 'digital entrepreneurship' literature to highlight how scholars in the area explain the digital identity formation process, and the manner in which it contributes to start-up success. We situate our paper in the Chinese national context; which represents a unique digital start-up ecosystem, with well-developed routes to business startup. Presented are outcomes from a systematic literature review encompassing 48 publications, including 12 pieces of indigenous Mandarin literature. We identify overarching themes, and how concepts in identity and digital entrepreneurship literature overlap, with a view to explaining the drivers of digital start-up "success", and as to how these might be further investigated using novel methodology. [ABSTRACT FROM AUTHOR]

New Product Development (NPD) is a critical yet challenging aspect of business development, with failure rates ranging from 40% to 80%. This challenge is particularly pronounced in startups, which form the backbone of most developed economies. Despite their importance, startups often struggle with NPD, with some studies suggesting a failure rate as high as 90%. This research paper contributes to the existing literature by examining the NPD journey of a technology startup, Plugable. Plugable, an Irish enterprise in the mobility sector, aims to create a platform similar to Airbnb for private Electrical Vehicle (EV) chargers. The paper traces the journey of two products the company attempted to launch. The first product did not reach the launch stage, leading the business to revise its strategy and develop Plugable. At the time of writing, Plugable is at the prototype stage, having secured €50,000 in external funding and won several national business awards. The case study provides several key learnings for entrepreneurs in the NPD space. It underscores the importance of accurately defining the problem statement, the critical role of validation, and the significance of assembling the right team to develop an effective go-to-market strategy. These findings contribute to the emerging body of knowledge on NPD within the startup context, providing practical insights into the application of established NPD models. Furthermore, the study offers valuable insights into technology startups' unique challenges during the NPD process. [ABSTRACT FROM AUTHOR]

The products of digital entrepreneurs are highly innovative, and their business models contribute to the prosperity and further development of the economy and society. However, studies indicate that most of all startups fail, particularly during the early stages of their business journey. Prototyping as part of Lean Startup or Business Model Testing approaches, can assist digital early-stage startups in navigating uncertainty and achieving successful product launches. However, these methods are applied very individually and there is litle empirical research on best practices. We therefore conducted 65 explorative expert interviews and asked successful startups about their prototyping practices. Our results include learnings on the prototyping process and the testing format, the role of the founding team during prototyping practices, the customer focus and the role of networks. Our study adds important details to theory and practice of the innovation and prototyping processes of digital early-stage startups. Our results offer actionable advice and guidance to any current and potential entrepreneur, but especially to first-time founders and less experienced executives in early stage-startups. Additionally, our contribution enhances the theoretical understanding of the Lean Startup approach and prototyping practices. [ABSTRACT FROM AUTHOR]

During the development of technological innovation projects, the team has difficulty to identify and managing uncertainties, which represents a challenge to bring the technologies closer to the market. Although there are studies on the management of uncertainties in innovation projects in different contexts of organizations, no studies were found relating to the adoption of Lean Startup (LS) practices and the management of uncertainties during the development of technological project processes in academic environments. Thus, this research aims to identify the uncertainties that can be mitigated during the development of these technological projects using LS practices. A multiple case study was conducted within a Brazilian federal university to fill this gap, analyzing nine technological innovation projects. The research consisted of identifying the uncertainties experienced by the project innovation development team before and after the application of LS practices. In the end, the uncertainties were analyzed in the context of each technological project, considering the mitigation achieved after applying the LS practices, and comparing them with their initial state. As a result, it was observed that the initial uncertainty categories most experienced by the project teams were related to products and resources, especially those related to knowledge and team profile. When evaluating the uncertainties after applying the LS practices, it was possible to observe that the most mitigated uncertainties were related to resources followed by the business model, the latter being the third most experienced in the initial scenario of the project development process. On the other hand, the uncertainties related to products were the ones that presented the least mitigation. Regarding resource uncertainties, the LS practices contributed to the mitigation, specifically those related to process quality, obtaining resources and knowledge, and team profile. As for the uncertainties observed in the business model, better results were observed specifically in those focused on marketing strategy, pilot production, and definition of the revenue model. It is concluded that the LS practices made more significant contributions to the business-related uncertainties than to product-related ones since product-related uncertainties were the ones that obtained the lowest mitigation results. [ABSTRACT FROM AUTHOR]

The digital divide concept recognizes that with the rapid pace of technological advancement, actors who lack access to digital infrastructure and the necessary knowledge may not have the opportunity to benefit from the opportunity that digital entrepreneurship offers. Online-exclusive ventures now constitute a growing proportion within the gross population of new ventures started up, especially in China. Digital entrepreneurship is viewed as the new vista where aspiring entrepreneurs are able to rapidly setup and test new business ideas, significantly reducing startup costs and the costs associated with startup failure. A key question for new entrepreneurs, therefore, is: what drives "success" in digital-only entrepreneurship, and are these drivers significantly different when compared to conventional or online-offline hybrid entrepreneurship? Here it is alleged that 'digital identity' plays a significant role in determining online-only start-up "success". Our aim in this paper is to identify the overlaps between 'identity' and 'digital entrepreneurship' literature to highlight how scholars in the area explain the digital identity formation process, and the manner in which it contributes to start-up success. We situate our paper in the Chinese national context; which represents a unique digital start-up ecosystem, with well-developed routes to business startup. Presented are outcomes from a systematic literature review encompassing 48 publications, including 12 pieces of indigenous Mandarin literature. We identify overarching themes, and how concepts in identity and digital entrepreneurship literature overlap, with a view to explaining the drivers of digital start-up "success", and as to how these might be further investigated using novel methodology. [ABSTRACT FROM AUTHOR]

Founding a start-up entails numerous risks and uncertainties. To minimise these risks and to deal with uncertainties, the popular concepts of Effectuation and Lean Startup, among others, are discussed in entrepreneurship research. Although both concepts are not new, they have gained importance in recent years. Effectuation focuses on dealing with uncertainty and contrasts with causation, which focuses on planning. The starting point for Effectuation is the resources available to the founders, which leads to different business ideas. The core of Effectuation includes four key dimensions: available means, affordable losses, exploiting contingencies and building partnerships. Lean Startup can be understood as a framework for decision-making in which direct interaction takes priority over extensive planning. The approach is based on three fundamental principles: experimentation rather than planning, focus on customer feedback and iterative learning. The core elements include a clear entrepreneurial vision, close contact with the customer, the Build-Measure-Learn feedback loop and the Minimum Viable Product. The key dimensions of Effectuation and the core elements of Lean Startup also form the frame of reference for the empirical investigation. The article examines the extent to which these concepts are applied by Swiss entrepreneurs and whether a combination of the two takes place. The data comes from the business plans of 25 finalists of a Swiss innovation competition from 2022. The business plans are evaluated and analysed in a multi-stage process. The study provides insight into the behaviour of Swiss start-ups, whether they proceed according to Effectuation and apply the Lean Startup principles. Surprisingly, the study reveals that many start-ups proceed according to Effectuation, while relatively few start-ups apply the Lean Startup principles. We were able to show the extent to which the two approaches are used and how they relate to each other. We also found that the origin of the start-up (research-based or industry experience-based) plays a significant role. [ABSTRACT FROM AUTHOR]

Innovation plays a vital role in economic growth and addressing societal challenges such as climate change, poverty, and ageing populations. However, the impacts of innovation are not always predictable, and negative outcomes can emerge unexpectedly. Anticipating the long-term effects of innovation is becoming increasingly important as technology and innovation continue to advance at a rapid pace. Responsible Innovation (RI) is an approach that aims to govern research and innovation by involving stakeholders early on to improve anticipation of consequences and make innovation ethically acceptable, environmentally sustainable, and socially desirable. Small enterprises, particularly start-ups, face significant challenges in implementing sustainability and responsibility in their innovation processes due to limited resources. This study aims to explore existing tools for operationalizing RI in a business context and assess their applicability to start-ups. The findings reveal that while there are numerous ongoing projects and tools for RI in a business context, there is a lack of tools specifically designed for start-ups. By identifying key concepts and characteristics of tools for RI implementation in start-ups, the paper contributes to the field of RI by laying the groundwork for the development of an RI tool tailored to the needs of start-ups. The study provides recommendations for improving existing RI tools, including the development of modular and user-adaptive tools. This research expands the knowledge base on RI, offers a theoretical foundation for further research, and paves the way for the development of the COMPASS self-check tool for RI implementation in start-ups. [ABSTRACT FROM AUTHOR]

There is an existing consensus that networks positively impact start-ups. New ventures gain access to market information, funding, emotional support and improved legitimacy from networking. However, existing efforts at articulating network creation and impact on new ventures are skewed due to a strong focus on structural properties. Although these properties contribute to understanding network creation and impact, they often ignore the individual who is either a network beneficiary or broker. This study examines the role of the network actor's agency in entrepreneurial network creation. Understanding agency is critical for explaining how individuals make sense of network opportunities available within their context. Network agency reveals how entrepreneurial networks are created, what influences actor motives and behaviour, and the brokerage methods adopted to meet these motives. This study explores network agency in two contexts: the interventionist incubator context and the location-induced cluster context. The Lagos Technology Ecosystem comprised of different incubator models and cluster is examined. 31 semi-structured interviews with start-ups from both contexts were conducted to get a nuanced view of how the context influences entrepreneurs' network agency. This paper reveals that network motives like personality, reciprocity, and legitimacy as the main motives for tenant firms to engage in network activities. Conversely, cluster firms listed trust, and the need to access knowledge, information and opportunity as key reasons for engaging in network action. In both contexts, direct and indirect brokerage is utilised to meet the motives triggered. However, the dynamics and nature of these brokerage methods are different across the two contexts. Tenant firms demonstrate a tertius Iugnes behaviour, while cluster firms demonstrate separation behaviour. [ABSTRACT FROM AUTHOR]

This study aims to extend our knowledge of the new approaches to entrepreneurial finance that inspire the development of early-stage firms in developing countries. The role of entrepreneurship is well understood internationally owing to its substantial influence on new employment creation, and productivity, and a seedbed for the emergence of innovative young firms. The survival and prosperity of the HGFs are unswervingly linked to access to sustained financing during their early-stage growth, nonetheless, access to funding remains the topmost worry for young firms. Yet VC financing has a competitive edge over banks burrowing, which cannot easily substitute for VC in its absence. We developed a multi-regression model to measure the results using survey data of 61 VC companies dealing with over 327 investment rounds from 2015-2021. The study confirms that VC investment has a dramatically flourishing prominence in nurturing early-stage firms with potential growth. Our study makes three major contributions to advancing this debate: First, our finding is expected to benefit the policymakers and civil society in the practice of creating new VC policies or altering existing ones to attract increased foreign VC investment in active countries and beyond. The government's increased funding to the VC companies might lead to higher survival rates for new innovative industries as observed in the developed. Moreover, we discover that this research arena is recognized by a paucity of theoretical and empirical research underpinning VC's proficiency in nurturing high-growth firms and innovative entrepreneurship. [ABSTRACT FROM AUTHOR]

The paper focuses on the issues of transforming the geographically spread co-working spaces of start-up firms into the open knowledge ecosystems, i.e. hubs of growth-focused organizations characterised by sharing and generating new industrial knowledge. The presented insights are based on the combination of theoretical review and empirical survey of 92 managers of start-ups and SMEs in Lithuania. This is an emergent community of regional start-up firms with rudimentary linkages and elements of knowledge sharing. The paper looks into the key issues that could contribute to strengthening the knowledge-based collaborations and synergies in such community, while assessing both the current situation and the evolutionary potential of such collaborations. We present the critical discussion in the light of ecosystem-as-structure vs. ecosystem-as-affiliation (Adner, 2017) approaches. Ecosystem-as-affiliation approach stresses the affiliation of ecosystem actors (to the network or focal actor), while ecosystem-as-structure views ecosystem through the lense of value proposition that network actors are co-creating. The first view has a more open-ended network perspective where spontaneous collaborations may lead to different outcomes and the network welcome different members with no prior objective in sight. The second view is more focused on aligning the resources and activities of multilateral set of partners for materialising specific value propositions, and members are invited to join based on these specific needs. The research has shown that, on one hand, the emergent start-up community relies on institutional coordination while retaining the element of openness. On the other hand, there is an explicit need for leadership in building the shared vision and designing the knowledge partnerships for delivering the shared value propositions. One should stress the importance of focal organizations and boundary spanners - both in terms of the organizational and knowledge boundaries. The shared business interests, network leadership and trust have been identified as the key cornerstones for further development of network into an open knowledge ecosystem, yet they are also associated with the greatest challenges to sustained knowledge sharing in the network. [ABSTRACT FROM AUTHOR]

An increasing number of start-up incubators offer programmes designed specifically for refugees. They provide entrepreneurship training and access to a closely-knit community for start-up development. Beyond that, they also support refugees in overcoming typical challenges, including a lack of language skills and required qualifications, an uncertain residence status, discrimination and psychological distress on various levels. While these incubators have already contributed to refugees' social and economic integration, the number of successful participants is still relatively low. The question remains about what can be done to multiply the potential so that more significant numbers of refugees can benefit. To support incubators in achieving more significant numbers, this work presents a framework of methods and tools based on health and organisational psychology literature. More specifically, this work focuses on methods and tools to be applied during two critical phases of the incubation cycle, namely the selection process and the actual programme. First, suitable candidates may be overlooked and/or less suitable candidates admit-ted during selection. This work proposes approaches to improve the accuracy of assessment methods so that more significant numbers of candidates with good chances of success are admit-ted. In addition, these methods can help identify those candidates who may appear unsuitable at first sight but could likely get ready with a preparatory course before joining the programme. Second, participants may have difficulty keeping up during the programme for various reasons (often related to the mentioned challenges) and therefore drop out early. This work proposes science-based approaches which help to adapt and improve existing programme elements and/or implement new elements to increase the chances of successful programme completion. Overall, this work seeks to contribute to the academic discussion on innovative approaches to upscale the work of incubators for refugees. Further research will involve co-developing practical approaches with incubators for refugees, cooperating on the implementation, and measuring impact. The goal of providing incubators with relevant practical insights is to deploy more significant numbers of refugees as entrepreneurs and contribute to broader social and economic impact. [ABSTRACT FROM AUTHOR]