@article{(Open Science Index):https://publications.waset.org/pdf/10004477, title = {Management Control Systems in Post-Incubation: An Investigation of Closed Down High-Technology Start-Ups}, author = {Jochen Edmund Kerschenbauer and Roman Salinger and Daniel Strametz}, country = {}, institution = {}, abstract = {Insufficient informal communication systems can lead to the first crisis (‘Crisis of Leadership’) for start-ups. Management Control Systems (MCS) are one way for high-technology start-ups to successfully overcome these problems. So far the literature has investigated the incubation of a start-up, but focused less on the post-incubation stage. This paper focuses on the use of MCS in post-incubation and, if failed start-ups agree, on how MCS are used. We conducted 14 semi-structured interviews for this purpose, to obtain our results. The overall conclusion is that the majority of the companies were closed down due to a combination of strategic, operative and financial reasons. }, journal = {International Journal of Economics and Management Engineering}, volume = {10}, number = {5}, year = {2016}, pages = {1642 - 1649}, ee = {https://publications.waset.org/pdf/10004477}, url = {https://publications.waset.org/vol/113}, bibsource = {https://publications.waset.org/}, issn = {eISSN: 1307-6892}, publisher = {World Academy of Science, Engineering and Technology}, index = {Open Science Index 113, 2016}, }