%0 Journal Article
	%A Jochen Edmund Kerschenbauer and  Roman Salinger and  Daniel Strametz
	%D 2016
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 113, 2016
	%T Management Control Systems in Post-Incubation: An Investigation of Closed Down High-Technology Start-Ups
	%U https://publications.waset.org/pdf/10004477
	%V 113
	%X 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.

	%P 1642 - 1649