Creating successful entrepreneurial ventures in IT

U. N. Umesh, Minh Q. Huynh, Leonard Michael Jessup

Research output: Contribution to journalArticle

5 Citations (Scopus)

Abstract

The suggestions for assessing entreprenuerial opportunities in the computing and IT industries are discussed. Corporations should look for rapid growth rate as markets are particularly attractive when high growth rates are combined with barriers to entry. They should focus on niches and attempt to serve them as quickly as possible, avoiding lengthy development cycles and grandiose visions for market domination. Further, corporations should keep costs under control using new accounting techniques such as activity-based information systems.

Original languageEnglish (US)
Pages (from-to)82-87
Number of pages6
JournalCommunications of the ACM
Volume48
Issue number6
DOIs
StatePublished - Jun 2005
Externally publishedYes

Fingerprint

Niche
Domination
Information Systems
Industry
Cycle
Computing
Information systems
Costs
Market
Vision

ASJC Scopus subject areas

  • Hardware and Architecture
  • Computer Graphics and Computer-Aided Design
  • Software
  • Theoretical Computer Science
  • Computational Theory and Mathematics

Cite this

Creating successful entrepreneurial ventures in IT. / Umesh, U. N.; Huynh, Minh Q.; Jessup, Leonard Michael.

In: Communications of the ACM, Vol. 48, No. 6, 06.2005, p. 82-87.

Research output: Contribution to journalArticle

Umesh, U. N. ; Huynh, Minh Q. ; Jessup, Leonard Michael. / Creating successful entrepreneurial ventures in IT. In: Communications of the ACM. 2005 ; Vol. 48, No. 6. pp. 82-87.
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