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Title: Application of Graph Theory to Entrepreneurship Research: new findings and a new methodology framework
Authors: Spyropoulos, Theocharis Stylianos
Andras, Christos
Dimkou, Aristotelis
Subjects LC: Marketing
New business enterprises - Management
Strategic planning
Keywords: Innovation management
Business models
Graph theory
Issue Date: 30-Nov-2021
Publisher: KnE Social Sciences
Abstract: This study used Graph Theory to examine relationships within the Greek ICT start-up ecosystem, analyzing founders’ views, strategies, and current perceptions regarding their ICT start-ups. The sample consisted of more than 90 founders of Greek IT start ups who participated in exhibitions as start-up companies during 2018 and 2019 and had completed at least one accelerator program. The study analyzed the dataset of a previous research project, using Graph Theory and R as the main tools for statistical analysis, in order to re-examine relationships between the key variables. The study highlighted a set of critical relationships and facts that were not revealed in past research. The dataset was first analyzed with the use of SPSS software for Pearson correlation, but using Graph Theory revealed a different picture. A literature review was also conducted to examine the key issues of entrepreneurship and Graph Theory and their applications to success factors for start-ups. The research findings provided a more precise understanding of the dynamics of Greek ICT start-ups, as well as the importance of Graph Theory for analyzing complex phenomena and business ecosystems. The findings may be useful for entrepreneurs, as they strive to increase the success rates of current and future projects, as well as for academics, since Graph Theory reveals a new, likely more effective and accurate way of analyzing data and estimating relationships in complex environments.
Description: Article published open access in EBEEC's website.
Length: 18 pages
Type: Conference Paper
Relation (Part Of): The 13th International Research Conference 'Economies of the Balkan and Eastern European Countries (EBEEC)' held online on the 14th-16th of May 2021.
Publication Status: Published
ISSN: 2518-668X
Citation: Spyropoulos, T.S., Andras, C. and Dimkou, A. 2021. Application or Graph Theory to entrepreneurship research: new findings and a new methodology framework. In: Economies of the Balkan and Eastern European Countries: Volume 2021. KnE Publishing, pp. 139–156. Available at:, [Accessed: 3 December 2021].
Restrictions: Open Access
Attribution 4.0 International
Language: en
Appears in Collections:Conference/Workshop Presentations

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