Index

Innovation and Entrepreneurship: A New Mindset for Emerging Markets

ISBN: 978-1-78973-702-8, eISBN: 978-1-78973-701-1

Publication date: 27 September 2019

This content is currently only available as a PDF

Citation

(2019), "Index", Corrales-Estrada, M. (Ed.) Innovation and Entrepreneurship: A New Mindset for Emerging Markets, Emerald Publishing Limited, Leeds, pp. 267-278. https://doi.org/10.1108/978-1-78973-701-120191001

Publisher

:

Emerald Publishing Limited

Copyright © 2019 Emerald Publishing Limited


INDEX

Index

Note: Page numbers followed by “n” with numbers indicate footnotes.

Academy
, 265

Accelerators
, 97–98, 207, 241, 244, 250

Accenture
, 256

Accenture Digital China
, 254

Acquisition capital
, 73

Action Map
, 10

Activity-based models
, 35

Acumen
, 95

Adaptability
, 175

Administration
, 193

Administrative intensity
, 172

Administrative trust
, 195

Adobe Capital
, 99

Advanced agricultural techniques
, 246

Affordable loss
, 22

Agile model
, 255

Agua Fria
, 75, 81

business
, 77–79

business vision
, 79

capabilities, strategies, channels and value creation
, 79–80

challenges and opportunities
, 76–77

co-founder
, 75

collaborators
, 77

Domo Capital creation
, 75–76

mindset for entrepreneurship
, 75

Aligning skill
, 165

Amazon
, 116, 221, 255, 258

America On-line
, 246

AMEXCAP
, 216

Analytical information
, 258

Angel investors
, 207, 224

Anteris Capital
, 220

Anticipating skill
, 165

Apple
, 209, 212, 255

Area Industrial & Logistic
, 242

Art of the Start, The (Kawasaki)
, 227

Arthur Andersen and Co.
, 71

Artificial Intelligence (AI)
, 257

Ashoka
, 83, 97, 100, 107

Associations
, 100–101

Atlas of Economic Sophistication
, 216

Attitude of managers toward change
, 171–172

Automation
, 256

Awards
, 131–132

B Corporations (B-corps)
, 96

B Impact Assessment
, 96s

B-lab assessment
, 95–97

B2B NARANYA 1.0
, 148

B2C model
, 255

B2C NARANYA 2.0
, 150

Balanced skill people
, 15

BANCOMEXT
, 211

Bangalore, ecosystem in
, 233

BANOBRAS
, 211

BBVA Momentum
, 89, 101

Behavioral perspective of leadership
, 161–163

Behavioral theory of entrepreneurial bricolage
, 19

Beneficiary (fideicomisario)
, 194

Berlin, ecosystem in
, 233

Big data
, 232, 236

Big Factor personality dimensions
, 169

Bird-in-Hand
, 22

BITACORA
, 120

BMW
, 209

Boulder thesis
, 246

Brand innovations
, 121–122

Business and management competencies
, 46, 54

Business Angels
, 250

Business model
, 142, 152

challenge
, 154

evolution
, 149–150

exploration
, 59

prototype and visualization
, 144–146

prototypes
, 135

start prototype, designing
, 148–154

Business Model Canvas
, 145, 153

Business park
, 242

Business structure
, 238

Canvas’s framework
, 144–147

Capital
, 237

financing by
, 196

of investor
, 73–74

Carlsberg
, 209

Carried interest
, 73

Catapulta Fest
, 101

Caterpillar
, 209

CEMEX
, 117

Centralization
, 172

Certificados de Capital de Desarrollos
, 217

Certified B Corporations
, 96

Challenging skill
, 165

Channel innovation
, 120–121

Channels building block
, 146

Charismatic-inspirational leaders
, 163

Chatbots
, 263–264

Chivas Venture
, 99

Cloud
, 264

CO_Plataforma
, 101

Cognitive abilities
, 170

Collective bricolage
, 19

Comisión Nacional Bancaria y de Valores (CNBV)
, 191n4

Commodity
, 125

Common stock
, 196

Communication
, 156

asynchronous
, 264

Communities
, 255

Competency

competency-based approach
, 46

perspective of leadership
, 161–162

Configuration (green) category of innovation
, 115–118

Consejo Nacional de Ciencia y Tecnología (CONACYT)
, 216

Consistency
, 175

Constant feedback loop
, 21

Constructivist approach
, 19

“Construyendo”
, 105

Consumers
, 263

Contingency perspective of leadership
, 164

Continuous improvement
, 129–130

Convergent group
, 22–23

Convertible debt
, 197

Convertible note
, 200–201

Corporación de Fomento de la Producción (CORFO)
, 213, 215

Corporación Mexicana de Inversiones de Capital (CMIC)
, 211

Corporate entrepreneurship (CE) (see also Social entrepreneurship (SE))
, 70, 209

Corporate governance
, 192–193

Corporate social responsibility (CSR)
, 18, 84, 141

Corporate venture capital (CVC)
, 208–210, 209n2

Corporate venturing (CV)
, 209

Corruption
, 25

Cosmos
, 36–38

Cost structure building block
, 146

Coworking
, 250

Crazy or Patchwork Quilt
, 22

Creative design thinking process
, 134

Credito Joven
, 202

Crowdfunder
, 100

Crowdfunding
, 204–205, 250

debt
, 206

donation
, 205–206

equity
, 206–207

rewards
, 206

Culture
, 128–129, 237, 247

of innovation
, 114, 159, 173–174

Customer
, 256

engagement innovations
, 122

relationships
, 146

segments
, 145–146

validation
, 153

Customer Acquisition Costs (CAC)
, 227

“Customer Creation”
, 153–154

Customer Development process
, 153

“Customer Discovery”
, 153

Customer Lifetime Value (CLV)
, 227

Daniel Isenberg of Babson College
, 233–234

Data entry
, 156

Data exchange
, 156

Debt
, 197–198, 200–202, 204

crowdfunding
, 206

Deciding skill
, 165

Decision-making
, 19

Delivery systems
, 114

DELTAREC’s business model
, 88

Denison’s model of organizational culture
, 174

adaptability
, 175

consistency
, 175

dimensions
, 174–175

involvement
, 175

mission
, 176

Density
, 237

Design
, 10–11

thinking
, 11, 91, 133–135, 257

“Design for Extreme Affordability” program
, 91

Desirable future
, 8

Developmental processes
, 34

Differentiation
, 240

Diffusion
, 101–102

Digital age issue
, 256

Digital marketing strategies
, 25

Digital Wall
, 254

citizen’s role
, 264

digitization
, 254, 256–258

education
, 261

financing
, 260–261

government’s role
, 264–265

health
, 261–263

insurance industry
, 260

private sector’s role
, 265

retail trade
, 258–259

tourism
, 263–264

transport and logistics
, 263

universities’ role
, 265

Digital world
, 255

Digitalization
, 262

of networks
, 125

Digitization
, 254, 256–258, 261

Discount rate
, 225–226

Discounted cash flow (DCF)
, 204

Disruptive innovations
, 114

Disruptive platforms
, 256

Distribution and Monetization Platform
, 150

Doing Business
, 236

Domain description card
, 6, 8

Domain Map
, 6–7

Domo Capital creation
, 75–76

Donation crowdfunding
, 205–206

Doppelgänger Brand Image (DBI)
, 25

Drive
, 162

Durability
, 18

E-commerce
, 121, 232

Early adopters acquisition
, 58–59

Earned equity
, 73

Earned income
, 89

Earnings before interests, taxes, depreciation, and amortization (EBITDA)
, 15

multiple method
, 223–224

ECITON
, 119–120

Ecosystem
, 231

building innovation and entrepreneurship ecosystem
, 246–247

entrepreneurship
, 236–240

impact of entrepreneurship ecosystem
, 247–249

innovation and industrial clusters
, 243–246

key indicators
, 235–236

outstanding challenges and challenges
, 236

Technology Parks
, 240–243

around world
, 232–233

Education in digitization
, 261

Effective leaders
, 173

Effectual Entrepreneurship (effectuation)
, 22

Effectuation, principles of
, 22

Effeta
, 89

Effort
, 240

EGADE Business School
, 121

El Pollo Loco franchisees
, 71

Electronic health records (EHRs)
, 154

check-up, listen to, and register patients’ information
, 155–156

factors impediments or barriers for adoption
, 155

wireless connectivity
, 157

Embrace project
, 91

Emotional, decisive, integrated, sensory, optimistic, and now goals (EDISON goals)
, 24

Emotional intelligence
, 162

Emotional-based goals
, 25

Empathy maps
, 135

Entrepreneur
, 37

Entrepreneurial

bricolage
, 19–20

career
, 235

decision-making
, 21

ecosystems
, 23

education
, 238

human capital
, 238

regional cluster
, 244

spirals
, 21

spirit
, 14

Entrepreneurial typology
, 70

capital of investor
, 73–74

economic aspects of search fund
, 73

first stage
, 72

fourth stage
, 73

second stage
, 72

selection of company
, 74–75

third stage
, 72–73

Entrepreneurs
, 13, 17, 21, 25, 89

primary task
, 15

rational
, 19

specialized and non-specialized
, 15

Entrepreneurship
, 13, 31, 35, 233–234, 237

centers
, 239

competencies
, 46, 53–54

funding
, 69

idea
, 66

importance
, 14

Jack-of-All-Trades Theory
, 14–25

milestones
, 67

mission and vision
, 66–67

pivoting
, 68–69

process
, 32

start
, 66

Technology Parks role
, 242–243

types
, 69–70

validation
, 67–68

Entrepreneurship ecosystems

impact of
, 247–249

building innovation and
, 246–247

characteristics
, 239–240

elements and relationships
, 236–237

platform to build ecosystem
, 237–239

Envision
, 8–10

Equity
, 202–203

crowdfunding
, 206–207

financing
, 207

theory
, 20

Equity rounds

complementing
, 219–221

DCF
, 224–226

equity dilution
, 222

extending runway between
, 218–219

financial requirements
, 221–222

multiples
, 224

proposed pitch deck structure
, 227–229

valuation factors
, 226–227

valuation methods
, 223

Essai sur la nature du commerce en general (Cantillon)
, 13

Essential skills of strategic leaders
, 165

Expectancy Theory
, 20

Experience, Explain, and Establish theory-assessment framework (3E theory-assessment framework)
, 23

Experience (blue) category of innovation
, 115

Explore
, 6–8

External communication
, 172

Extinction
, 21

Facebook
, 221, 255

Fairness
, 20

Family, friends, and self-financing (3-F)
, 23

FCF statement
, 225

Feedback loop theory
, 21

FEMSA Comercio
, 116

Festival de Innovación Epicentro
, 101

Fideicomiso de inversión en capital privado (FICAP)
, 194–195

Fideicomisos
, 194, 194n18

Fifth Discipline, The (Senge)
, 93

Financial support
, 247

Financing
, 99–100, 238, 260–261

by capital
, 196

Firms
, 19, 209–210

Fitbit
, 261

FOCIR
, 211

Fondeadora
, 99

Foolproof jobs
, 17

Forces of change
, 124

opportunities triggered by
, 137–138

Ford Motor Company
, 209

Foresight (see also Lean Foresight)
, 3–4, 128, 131

Formalization
, 173

Former route
, 23

Foro Latinoamericano de Inversión de Impacto (FLII)
, 102

Frame
, 4–6

Franchises
, 71

Franchisor
, 71

Fraud
, 25

Friends and family
, 203–204

Fuckup Nights
, 247

Fully functioning clusters
, 244

Functional differentiation
, 171

“Fundación Carmen Pardo-Valcare”
, 89

Funding
, 69

Future
, 8

matrix
, 9

thinking
, 1

GAFA (Google, Apple, Facebook, and Amazon)
, 255

“Gap, the”
, 211

Garmin
, 261

GDP per capita
, 253–254

Gender
, 240

General Law of Commercial Companies (LGSM)
, 190

General Law of Credit Instruments and Operations (GLCIO)
, 194

General Motors
, 256

General systems theory
, 93

Geographical proximity
, 245

GlaxoSmithKline
, 209

Global Competitiveness Report of World Economic Forum
, 235–236

Global ecosystem
, 95

Global Entrepreneurship Index (GEI)
, 235

Global Entrepreneurship Monitor (GEM)
, 85, 235

Global Impact Investing Network (GIIN)
, 95–97

Google
, 255

Government
, 241

funds
, 210–211

role in Digital Wall
, 264–265

role in stimulating VC for growth
, 211–216

Hábtiva
, 102–107

Hackathons
, 247

Hacker
, 228

Health

in digitization
, 261–263

systems
, 257

Healthy entrepreneurial ecosystems
, 21

Hipster
, 228

Honda
, 209

Honeywell
, 209

Hub
, 250

Human

capital
, 237

organizational culture
, 178

relations competencies
, 46, 54

Hunters
, 255

Hustler
, 228

Ideology
, 163

IGNIA
, 99

Impact investments
, 95

Impact measurement
, 97

Implicit perspective of leadership
, 164

In-depth face-to-face interview
, 55

Incentive

lack of
, 156

plan compensations
, 196–197

Incremental innovations
, 114

Incuba Social
, 98–99

Incubators
, 97–98, 239, 241, 249–250

commercial
, 242

Index of Systemic Conditions for Entrepreneurship
, 239

Individual characteristics of leaders
, 168–169

cognitive abilities
, 170

and innovation
, 168

intrinsic motivation
, 170–171

knowledge
, 169–170

personality
, 169

Industrial clusters

background
, 243–244

building
, 245–246

types
, 244–245

Industrial complex
, 245

Information and communication technologies (ICT)
, 14

Infrastructure
, 179

Initial capital
, 73

Innovation
, 87–88, 113–114, 159, 208, 234, 240

Alestra/Axtel Case
, 122–138

ALESTRA’s innovation model
, 123–124

beginning of competition in telecommunication sector
, 124

center
, 242

centered on people
, 133–135

challenge for retailers
, 138–139

change in landscape of telecommunication market
, 125

company’s transformation
, 122–123

configuration (green) category
, 116–118

convergence of telecommunications and information technology industries
, 126–127

culture of
, 173–174

enriching value proposition through integrated value solutions
, 126

and entrepreneurship ecosystem
, 246–247

foresight methodology
, 128

hub
, 133–135

individual characteristics and
, 168–171

innovation challenge for retailers
, 138–139

leadership, culture, and organization
, 128–129

leadership and
, 164–168

metrics, achievements, and awards
, 131–132

offering (orange) category
, 118–122

opportunities triggered by forces of change
, 137–138

organizational characteristics and
, 171–173

platform to managing ideas and challenges
, 132

as service
, 136–137

strategic acquisitions for ALESTRA’s Portfolio
, 127

strategic innovation and continuous improvement
, 129–131

strategic transformation
, 123, 125–126

technology
, 113

Technology Parks role
, 242–243

types
, 114–115

“Innsight”
, 132

“Inside-out” process of strategy formulation
, 17

Institute for Management Development
, 253

Institute of Cellular Physiology of UNAM
, 262

Instituto de Emprendimiento Eugenio Garza Lagüera
, 98

Instituto Nacional del Emprendedor
, 210

Insurance industry
, 260

Intangible awards
, 132

Integrity
, 162

Intel
, 209, 212

Intellectually stimulating leaders
, 163

Intelligence
, 162

Internal communication
, 172

Internet market
, 125

Interoperability
, 156

Interpersonal competencies
, 46, 54

Interpret skill
, 165

Intrapreneurship
, 69–70

Intrinsic motivation
, 170–171

Investment
, 239

vehicles in Mexican VC operations
, 194

Investors
, 196

Involvement
, 175

IRIS
, 95–97

Jack-of-All-Trades Theory
, 14

entrepreneurial bricolage
, 19–20

feedback loop theory
, 21

Mezzanine theory
, 15–16

O-ring theory
, 16–17

process-based theories
, 20–21

Theory of Effectuation
, 21–23

Theory of Optimal Triangle
, 23–25

theory of resources and capabilities
, 17–19

Johnson & Johnson
, 209

Keep it Simple Security (KISS)
, 200, 204

Key activities building block
, 146

Key partnerships building block
, 146

Key performance indicators (KPIs)
, 226–227

Key resources building block
, 146

Knowledge
, 18, 169–170

of business
, 162

Laguna Innovadora
, 101–102

Land for research and development
, 242

Larry Keeley’s Framework
, 115

Latent clusters
, 244–245

Latin American ecosystem
, 35

Leader(ship)
, 128–129, 160, 162–163, 173

behavioral perspective
, 161–163

competences and behaviors of innovation leaders
, 167

competency perspective
, 161–162, 164

culture of innovation
, 173–174

Denison’s model of organizational culture
, 174–176

implicit perspective
, 164

individual characteristics and innovation
, 168–171

and innovation
, 164

innovation leadership
, 166

of innovative teams
, 166–168

leaders vs. managers
, 160–161

learning activities and websites
, 180

maturity innovation culture model
, 176–179

motivation
, 162

organizational characteristics and innovation
, 171–173

perspectives of
, 161

servant leadership
, 164

strategic
, 165–166

transactional perspective
, 164

transformational perspective
, 163

Vector Case de Bolsa case
, 183–185

Lean Foresight
, 4

Design
, 10–11

domain description card
, 6

Envision
, 8–10

explore
, 6–8

frame
, 4–6

Lean model
, 250

Lean Startup

Machine
, 234

methodology
, 42

Learning skill
, 165

Legal entity choice for VC financing
, 190–193

Lemonade Principle
, 22

Ley de Mercado de Valores (LMV)
, 191

Limited Liability Company (LLC)
, 190

Linear model
, 34

Linear process
, 35

Liquidity events
, 197n27

Local ecosystem
, 95

Logistics
, 263

London, ecosystem in
, 233

Loops
, 42, 44

Los Angeles, ecosystem in
, 232

Madrid-based non-profit
, 88

Make Sense
, 97–98

Managers
, 160–161

equity
, 73

Markets
, 227, 249

Massachusetts clusters
, 245

Master in Business Management (MBM)
, 121

Maturity innovation culture model
, 176–177

innovative, flexible, and human organizational culture
, 178

key partners for innovation
, 179

organizational architecture
, 178–179

standardized processes and practices
, 178

strategic direction
, 177–178

sustainable innovation culture
, 179

MCI
, 246

Medtronic
, 246

Meet-ups
, 244

of technology and entrepreneurship
, 247

Mega trends
, 10

Mexican Income Tax Law
, 195

Mexican Institute of Industrial Propriety (IMPI)
, 58

Mexico and PEVC challenges
, 216

extending runway between equity rounds
, 218–219

strategy to develop VC market
, 216–217

MexicoVentures
, 211

Mezzanine

investment management
, 16

theory
, 15–16

Micro-successes
, 60

MicroMasters
, 121

Minimum viable product (MVP)
, 39, 57, 204

Minority rights
, 192

Model of Teachable Entrepreneurship Competencies (M-TEC)
, 54

Monetization
, 60

Motorola
, 209

Multidisciplinary approach
, 168

Multiples
, 224

Nacional Financiera (NAFIN)
, 202, 211

NAFIN–CMIC team
, 212–213, 216

NARANYA 1.0
, 148–149

NATGAS (Mexican company)
, 86–87

National Council of Science and Technology (CONACYT)
, 59

National Research Center of Science and Technology for Development
, 214

Negative covenant
, 198n29

Negative reinforcement
, 21

Nestle
, 209

Network
, 100–101

innovations
, 116–117

networking technologies
, 232

Network Preparation Index 2016 (NRI)
, 254

New product development (NPD)
, 208

New Ventures Group
, 97–98

New York, ecosystem in
, 232

Nomads
, 255

Non-competition agreements
, 191

Non-governmental organizations (NGOs)
, 24

O-ring

jobs
, 17

theory
, 16–17

Offering (orange) category of innovation
, 115, 118–122

Omaha telemarketing cluster
, 246

Open Innovation
, 209, 209n1

Opportunity recognition
, 20

Optima Energia (OE)
, 144

Organization
, 128–129

Organization for Economic Cooperation and Development
, 263

Organizational architecture
, 178–179

Organizational characteristics and innovation
, 171

variables having negative relationship with innovation
, 172–173

variables having positive relationship with innovation
, 171–172

Organizational culture
, 173

Organizational effectiveness
, 176

Pacific Alliance
, 238

Park
, 241

Parque de Investigación e Innovación Tecnológica (PIIT)
, 217

People-oriented leaders
, 162

Personal funding
, 203

Personality
, 162, 169, 240

Personalization
, 256

PEVC
, 211, 215

Mexico and PEVC challenges
, 216–219

PhD Talks
, 53–60

Philanthropy
, 84

Pilot-in-the-plane
, 22

Pitching
, 94–95

“Pivot Iteration”
, 153

Pivot/pivoting
, 68–69, 235

Plan creation
, 11

Plane
, 38–39, 42

Platforms
, 256

Points of service
, 121

Policies and regulations
, 239

Positive reinforcement
, 21

Post-money valuation
, 222

Potential clusters
, 245

Potential market identification
, 59

Powers of attorney
, 198

Pre-money valuation
, 222

Predominance in US region
, 240

Preferred stocks
, 196

“Premium SMS” services
, 148

Primary investment
, 203

Privacy
, 156

Private equity transaction
, 195n21

Private public partnership scheme (PPP scheme)
, 17

Process innovations
, 117

Process-based theories
, 20–21

Product development
, 59–60

Product performance innovations
, 118–119

Product system
, 119–120

Professionals/professionalism
, 171, 241

Profit
, 142–143

model
, 115–116

and social impact
, 143–144

Profit and loss statement (P&L statement)
, 68

Project-based organization
, 168

Projected future
, 8

Promotora Social México
, 100

Prospects acquisition
, 59–60

Proyecto integrador (integrative project)
, 58

Public policies
, 84, 247

Pure agglomeration model
, 245

Purpose-driven business models
, 141

Purpose-driven organizations
, 143

Quality Seekers
, 255

Radical innovation
, 114

Rational entrepreneurs
, 19

Real Academia de la Lengua
, 231

Regional integration
, 239

“Regional School of Entrepreneurs”
, 238

Regulatory environment
, 237

Reinforcement Theory
, 20

Reliability
, 239

Replicability
, 18

Research and development (R&D)
, 209–210, 212

Research

and insights generation
, 59

park
, 242

Resources acquisition
, 55

Retail trade
, 258–259

Retailers, innovation challenge for
, 138–139

Revenue

model
, 149–150

streams
, 146

Rewards
, 206

Risk-taking propensity
, 169

Roche
, 209

Rockefeller Foundation
, 95

Sales generation
, 59

San Diego golf equipment cluster
, 246

Sao Paulo, ecosystem in
, 233

Scalability (see Unit economics)

Scalable technology-based enterprises
, 69

Schwab Foundation
, 100

Science, Technology, Engineering, and Mathematics (STEM)
, 236

Science, technology and, innovation platform (CTI)
, 238

Science and Technology Parks (S&TP)
, 242

Science park
, 242

Search capital
, 73

Search fund

acquisition
, 71–72

economic aspects
, 73

Secondary investment
, 203

Secure resources
, 172

Securities Market Law
, 191

Security
, 156, 232

Seed capital
, 250

Self-concept
, 162

Servant leadership
, 164

Service

ecosystem
, 119–120

innovations
, 121

performance innovations
, 118–119

service-center innovation
, 137

Settlor (fideicomitente)
, 194

Sidney, ecosystem in
, 233

Silicon Valley
, 244

ecosystem in
, 232

Simple Agreement for Future Equity (SAFE)
, 200, 204

Singapore

ecosystem in
, 233

GDP per capita in
, 214

Singapore Investment Corporation (GIC)
, 214

Skilled innovators
, 121

Skills and resources acquisition
, 59

Skoll World Forum
, 101

Small Business Investment Company (SBIC)
, 213

Small-and medium-size enterprises (SMEs)
, 211, 241

Social Bricoleur
, 87–88

Social Business Initiative of European Commission
, 101

Social business model canvas
, 91–92

Social capital
, 239

Social Constructionist
, 87–88

Social Engineer
, 87–88

Social entrepreneurs’ bricolage behavior
, 20

Social entrepreneurship (SE) (see also Entrepreneurship)
, 69, 84–90

ecosystem
, 97–102

entrepreneurship spectrum
, 86

GIIN
, 95–97

Hábtiva
, 102–107

impact and metrics of social value creation
, 95

innovation aspect
, 87–88

IRIS
, 95–97

using market forces to generating income
, 88–90

metric in IRIS
, 96

social/environmental aspect
, 85–87

spectrum
, 90

stakeholders
, 103–104

tools in
, 90–95

Social impact in business models
, 143

profit and
, 143–144

Social inequality
, 255

Social Lean Canvas
, 92

Social media technologies
, 19

Social Opportunity Assessment Tool
, 94–95

Social skills
, 168

Social value creation, impact and metrics of
, 95

Social work networks
, 245

Socialab
, 97

Sociedad Anónima (SA)
, 191–193

Sociedad Anónima Promotora de Inversión (SAPI)
, 191–193

Sociedad de Responsabilidad Limitada (S de RL)
, 190–191

Sociedad por acciones simplificada (SAS)
, 190

Software as a service (SaaS)
, 232

Solution tangibility
, 57

Southern California aerospace cluster
, 246

Specialization
, 171

Specific, measurable, achievable, relevant, and time-bound goals (SMART goals)
, 24

Spectron Desarrollo
, 99

Spin-offs
, 234, 242–243, 250

Stage models
, 35

Stagnation
, 258

Stakeholders
, 19

Starbucks
, 209

Startup capital

accelerators
, 207

angel investors
, 207

complementing equity round
, 219–229

corporate venture capital
, 208–210

crowdfunding
, 204–207

friends and family
, 203–204

funding sources, return expectations, and requested information
, 199

government funds
, 210–211

government’s role in stimulating VC for growth
, 211–216

Mexico and PEVC challenges
, 216–219

personal funding
, 203

types of financing and investments
, 200–203

venture capital
, 208

Startup Grind
, 247

Startup Path (SP)
, 35–36, 42–43

Cosmos
, 36–38

dimensions
, 39–40

elements
, 41

entrepreneurship competencies
, 46, 53

loops
, 42, 44

PhD Talks
, 53–60

Plane
, 38–39

tools
, 42, 45–52

units of measure
, 41–42

Startup Weekend
, 234, 247

Startups
, 39, 74–75, 236

unicorn
, 250

State Council of Science and Technology of Jalisco (COECYTJA)
, 55

“Step-up” conversion factor
, 73–74

Stock options
, 236

Stone bench
, 240

Storytelling
, 94–95, 250

Strategic

direction
, 177–178

innovation
, 129–131

leaders
, 168

leadership
, 165–166

Structure innovations
, 117

Suma de tratos y contratos (Treaty on Deals and Contracts)
, 14

Support mechanisms
, 176

Support services
, 247–248

Sustainability
, 18

Sustainable business models

business model
, 142

business model challenge
, 154–157

CSR
, 141

EHRs
, 154–157

NARANYA 1.0
, 148–149

Naranya case
, 147

NARANYA’s 3.0 new offerings
, 150–153

NARANYA’s business model evolution
, 149–150

profit
, 142–143

profit and social impact
, 143–144

prototype and visualize business models
, 144–146

scaling and building model
, 153–154

social impact
, 143

start prototype, designing business model
, 148

Sustainable development goals (SDG)
, 106

Sustainable innovation culture
, 179

SVX
, 99

Systems thinking
, 92–95

Talent
, 237, 240, 248

management capabilities
, 160

Tangible awards
, 132

Target
, 250

Task-oriented leaders
, 161–162

Tax

aspects
, 195

and legal validation
, 58

Team

development and growth
, 58

leaders
, 168

Technical committee
, 194

Technical expertise
, 167, 172

Technical support
, 156

Technology
, 113, 241

Technology Parks
, 240–241

definition and objectives
, 241

goals
, 241

role in innovation and entrepreneurship
, 242–243

types
, 242

Tel Aviv, ecosystem in
, 232

Tenure
, 172

Ternium
, 117

Theory of Change
, 94–95

Theory of dynamic capabilities
, 17–18

Theory of Effectuation
, 21–23

Theory of knowledge
, 17–18

Theory of Optimal Triangle
, 23–25

Theory of resources and capabilities
, 17–19

Timeline
, 8–9

Top management teams (TMT)
, 165

Tourism
, 263–264

Traditional entrepreneurship in small and medium enterprises
, 69

Tranches
, 15

Transactional leadership
, 163

Transactional perspective of leadership
, 164

Transferability
, 18

Transformational

leaders
, 163

leadership
, 163

perspective of leadership
, 163

Transparency
, 18

Transparent firms
, 18

Transport
, 263

TRASI (online database)
, 97

Tratos y contratos de mercaderes y tratantes discididos y determinados (de Mercado)
, 13

Trends
, 10

Triple Impact Investment Fund
, 99

Trustee (fiduciaria)
, 194

Uber
, 221, 256

Undesirable future
, 8

Unit economics
, 226

Units of measure
, 41–42

Unreasonable México
, 98

Valuation

factors
, 226–227

methods
, 223

Value

chain integration of industry
, 246

creation
, 131

proposition
, 120, 145–146

proposition validation
, 57

Variables
, 171–172

Vendor trust and experience
, 156

Venture

creation process
, 32–35

debt
, 197, 217

Institute
, 98

Venture capital (VC)
, 208, 238, 244, 250

FICAP
, 194–195

financing
, 189, 195–198

funds
, 224

government’s role in stimulating VC for growth
, 211–216

identified gap
, 212

legal entity choice
, 190–193

legal vehicles for VC investments
, 194

Vertical differentiation
, 173

Vesting
, 196

Vision
, 57, 163

Warrant
, 197n25

Wicked problems
, 84

Wireless connectivity
, 157

Xcala Project
, 238

XYZ, Inc.
, 218, 220

Yapp Store
, 149, 151

Yozma Venture Capital initiative
, 214