IST Institute
The Institute for Strategic Innovation and Technology Management is the competence center for innovation and strategy. Research focuses on Strategic Transformation, Corporate Entrepreneurship, Startups, Ambidextrie, Agility and Digitalization.
In the Entrepreneurship Survival and Female Entrepreneurship Support research fields, we examine large data sets containing data from business plans and startup support programs. The findings from this lead to prediction models for the probability of survival of start-ups and the effectiveness of start-up support programs.
METHODOLOGY
Various analysis methods are used to process the data sets. Natural language processing and machine learning are used to investigate the probability of survival and the further development of prediction models. In the "Female Entrepreneurship" research field, text and data mining are used to investigate programs to promote female founders
