Beyond Finance: Enhancing Support for New Technology Start-Up Founders
The article addresses a gap in the literature by examining the stressors and challenges specific to new technology start-up founders, an under-researched group of entrepreneurs operating at the intersection of innovation and business. The study’s novelty lies in applying the Job Demands-R...
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| Format: | Article |
| Language: | English |
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IEEE
2025-01-01
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| Series: | IEEE Access |
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| Online Access: | https://ieeexplore.ieee.org/document/10854443/ |
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| _version_ | 1832088031459278848 |
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| author | Pawel Ziemianski Katarzyna Stankiewicz Jan Wyrwinski Sylwiusz Retowski Bartosz Lipnicki |
| author_facet | Pawel Ziemianski Katarzyna Stankiewicz Jan Wyrwinski Sylwiusz Retowski Bartosz Lipnicki |
| author_sort | Pawel Ziemianski |
| collection | DOAJ |
| description | The article addresses a gap in the literature by examining the stressors and challenges specific to new technology start-up founders, an under-researched group of entrepreneurs operating at the intersection of innovation and business. The study’s novelty lies in applying the Job Demands-Resources (JD-R) model to the venture capitalist-founder relationship, highlighting the importance of balancing high job demands with adequate resources to enhance entrepreneurial well-being and success. Using a qualitative research design, the conducted study involved semi-structured interviews with 22 technology start-up founders across Europe to explore their unique challenges, demands, and support needs. The data were analyzed using template analysis, revealing three core challenges: managing the development of their technology-driven companies, maintaining mental and physical health, and achieving work-life balance. Based on these findings, the authors propose a novel, tailored support system for technology founders, incorporating mentorship, mental health resources, and strategies for maintaining work-life balance. This system is designed to meet the unique needs of technology entrepreneurs, with a focus on confidentiality, proven effectiveness, and flexibility. Venture capitalists are encouraged to implement such systems to alleviate the pressures on technology start-up founders and foster the sustainability and success of their ventures. |
| format | Article |
| id | doaj-art-8fa92f8d7d5046e29cf35c1ae53ca7af |
| institution | Kabale University |
| issn | 2169-3536 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | IEEE |
| record_format | Article |
| series | IEEE Access |
| spelling | doaj-art-8fa92f8d7d5046e29cf35c1ae53ca7af2025-02-06T00:00:51ZengIEEEIEEE Access2169-35362025-01-0113206202063210.1109/ACCESS.2025.353471610854443Beyond Finance: Enhancing Support for New Technology Start-Up FoundersPawel Ziemianski0https://orcid.org/0000-0002-4391-9282Katarzyna Stankiewicz1https://orcid.org/0000-0002-9780-7702Jan Wyrwinski2https://orcid.org/0009-0009-6722-4897Sylwiusz Retowski3https://orcid.org/0000-0002-6133-0658Bartosz Lipnicki4Faculty of Management and Economics, Gdańsk University of Technology, Gdańsk, PolandFaculty of Management and Economics, Gdańsk University of Technology, Gdańsk, PolandAlfabeat (VC), Gdańsk, PolandFaculty of Psychology in Sopot, SWPS University, Sopot, PolandEndeavor, Cambridge Innovation Center, Warsaw, PolandThe article addresses a gap in the literature by examining the stressors and challenges specific to new technology start-up founders, an under-researched group of entrepreneurs operating at the intersection of innovation and business. The study’s novelty lies in applying the Job Demands-Resources (JD-R) model to the venture capitalist-founder relationship, highlighting the importance of balancing high job demands with adequate resources to enhance entrepreneurial well-being and success. Using a qualitative research design, the conducted study involved semi-structured interviews with 22 technology start-up founders across Europe to explore their unique challenges, demands, and support needs. The data were analyzed using template analysis, revealing three core challenges: managing the development of their technology-driven companies, maintaining mental and physical health, and achieving work-life balance. Based on these findings, the authors propose a novel, tailored support system for technology founders, incorporating mentorship, mental health resources, and strategies for maintaining work-life balance. This system is designed to meet the unique needs of technology entrepreneurs, with a focus on confidentiality, proven effectiveness, and flexibility. Venture capitalists are encouraged to implement such systems to alleviate the pressures on technology start-up founders and foster the sustainability and success of their ventures.https://ieeexplore.ieee.org/document/10854443/Founders of technology start-upsmanaging dark side of entrepreneurshipnew technology-based firmssupporting start-upsventure capitalists |
| spellingShingle | Pawel Ziemianski Katarzyna Stankiewicz Jan Wyrwinski Sylwiusz Retowski Bartosz Lipnicki Beyond Finance: Enhancing Support for New Technology Start-Up Founders IEEE Access Founders of technology start-ups managing dark side of entrepreneurship new technology-based firms supporting start-ups venture capitalists |
| title | Beyond Finance: Enhancing Support for New Technology Start-Up Founders |
| title_full | Beyond Finance: Enhancing Support for New Technology Start-Up Founders |
| title_fullStr | Beyond Finance: Enhancing Support for New Technology Start-Up Founders |
| title_full_unstemmed | Beyond Finance: Enhancing Support for New Technology Start-Up Founders |
| title_short | Beyond Finance: Enhancing Support for New Technology Start-Up Founders |
| title_sort | beyond finance enhancing support for new technology start up founders |
| topic | Founders of technology start-ups managing dark side of entrepreneurship new technology-based firms supporting start-ups venture capitalists |
| url | https://ieeexplore.ieee.org/document/10854443/ |
| work_keys_str_mv | AT pawelziemianski beyondfinanceenhancingsupportfornewtechnologystartupfounders AT katarzynastankiewicz beyondfinanceenhancingsupportfornewtechnologystartupfounders AT janwyrwinski beyondfinanceenhancingsupportfornewtechnologystartupfounders AT sylwiuszretowski beyondfinanceenhancingsupportfornewtechnologystartupfounders AT bartoszlipnicki beyondfinanceenhancingsupportfornewtechnologystartupfounders |