Analyzing the impact of business coaching on innovative technology ventures is in the focus of this research project. In cooperation with the business initiative bwcon GmbH, we are identifying network-based leveraging factors which enable offering and performing more effective business coaching activities in the future.
For this innovative project in the field of entrepreneurship research the IST Institute was awarded a grant by the Innovation Growth Lab Grants Programme, an initiative of the Argidius Foundation, the KauffmanProject Foundation and Nesta. As part of the Innovation Growth Lab (IGL), the IST institute will investigate the effectiveness of business coaching as support intervention for technology-based ventures at least over the next three years. Based on a sample of nearly 1,000 newly founded businesses, indicators for the maturity of the ventures’ value-networks in different categories are empirically identified, which also represent the basis for the analysis of coaching effectiveness.
It is the first time that the IGL Grants Programme supports a German research initiative within the scope of the IGL. The program aims at promoting randomized controlled trials (RCTs) as a method in entrepreneurship research. Development and realization of the study was enabled by the close cooperation with bwcon.