Zaghmout, Bilal ORCID: https://orcid.org/0000-0001-6296-9608 (2024) Strategic Decision-Making in Startups: The Role of Data-Driven Insights in Enhancing Business Innovation. International Journal of Entrepreneurship and Business Innovation, 7 (4). pp. 76-91.
Preview |
Text
IJEBI_9JOY4TVB.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. | Preview |
Abstract
This study examines the impact of data-driven decision-making on innovation within startups. By utilizing a mixed-methods research design, the study integrates quantitative data from surveys and innovation performance metrics with qualitative insights from interviews and focus groups. The findings reveal that startups employing data-driven strategies demonstrate higher innovation outcomes, including the development of new products and revenue growth. The research highlights the importance of data literacy and a data-centric culture as key factors in maximizing the benefits of data-driven decision-making. Additionally, leadership commitment is identified as crucial for successful adoption and implementation of data-driven strategies. The study underscores the potential of data-driven decision-making to foster innovation within startups and provides recommendations for enhancing data-driven practices.
Item Type: | Article |
---|---|
Status: | Published |
DOI: | 10.52589/IJEBI-9JOY4TVB |
School/Department: | London Campus |
URI: | https://ray.yorksj.ac.uk/id/eprint/10576 |
University Staff: Request a correction | RaY Editors: Update this record