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Abstract
This paper is concerned with the problems of effectuation using innovation management for high-tech start-ups in the case of MEPhI. As a rule we are talking about successful projects developing in University context taking into consideration methods of effectuation and tutoring for their finalization. The object of investigation is the innovation project life-cycle development methods applied to the effectuation methods and techniques. Using effectuation approach we could tell also about life-cycle of successful small and medium enterprises based on innovation project’s development using some technologies of effectuation on each stage of life-cycle. The correct and appropriate methods of effectuation are important for venture investment’s decision making in uncertain environmental conditions. The authors are proposed some improved methods of commercialization process of perspective innovative projects in the context of effectuation.Taking into account the author’s experience in innovation projects commercialization, some methods of promotion and successful innovations planning in the case of ectuation are considered.
Highlights
1.1 Definition of EffectuationEffectuation could be recognized as logic of thinking as based on entrepreneurial activity and scientific researches using experts experience in entrepreneurship for creation of successful venture projects. (Sarasvathy, 2003)
We can demonstrate the knowledge effectuation in atomic problematic sphere based on researches and tutoring in Institute of Innovation Management at NRNU MEPhI
In this paper the authors are presented their approach and understanding of effectuation process concerning with educational methods and techniques and with general issues of innovation management and entrepreneurship
Summary
1.1 Definition of EffectuationEffectuation could be recognized as logic of thinking as based on entrepreneurial activity and scientific researches using experts experience in entrepreneurship for creation of successful venture projects. (Sarasvathy, 2003). Effectuation could be recognized as logic of thinking as based on entrepreneurial activity and scientific researches using experts experience in entrepreneurship for creation of successful venture projects. Some leader experts are recognizing effectuation as one of the most effective methods of scientific-oriented approach to business creation and entrepreneurial persons growing (Sarasvathy et al, 2014). We consider that some methods of effectuation could be successfully implemented into the educational process in some disciplines on the innovation management and entrepreneurship to grow alertness in students and effective business idea planning (Dew et al, 2009). Based on conception of effectuation really innovative methods of education are developed nowadays By our opinion this direction is very fruitful especially in future growing uncertainty markets, for expenses reductions and profits growing
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