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Avoiding the fate of the dotbombs: lessons from three surviving dotcom start-ups

Publication TypeJournal Article
Year of Publication2004
AuthorsBarnes DL, Hinton MC, Mieczkowska SM
JournalJournal of Small Business and Enterprise Development
Volume11
Issue3
Pagination329-337
Date Published03/2004
ISBN Number1462-6004
KeywordsCommunication; electronic commerce; Internet; small to medium-sized enterprises; technology led strategy
URLhttp://oro.open.ac.uk/26558/
Refereed DesignationRefereed

Abstract

This paper reports on research that investigates how three start-up dotcoms, founded at the height of the Internet boom avoided joining the many dotbombs of the subsequent crash of the Internet economy. The paper describes how the companies made use of Internet-based information and communication technologies (ICTs) in their business operations. It draws lessons from their experiences that might be applied more generally to other dotcom start-ups. These centre on the need to use the technology to manage business processes to meet the clearly definable needs of a targeted niche of customers. The desirability of suitable in-house ICT expertise is stressed