IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-42412-1_29.html
   My bibliography  Save this book chapter

The Rise of Unicorn Companies: A Magical Growth?

In: The Palgrave Handbook of Corporate Sustainability in the Digital Era

Author

Listed:
  • Cyntia Vilasboas Calixto Casnici

    (Fundação Getulio Vargas (FGV-EAESP))

Abstract

Since unicorns are technological and asset-light firms, they have created a different business model than traditional firms and drawn the attention of both investors and consumers. Through qualitative research this study explores the rise and fall of four famous billion-dollar startups from the United States. The chapter is anchored in the dynamic capabilities’ perspective, and the international new ventures literature, since some of these companies expanded abroad just a few years after their foundation. This shows the process, position, and path of the selected unicorns, trying to find some means of justifying their current market situation. The findings show that the magical growth of these firms was only possible because venture capitals worldwide financed them, willing to surf on the unicorn wave to get higher returns. However, to keep growing, unicorns need to constantly develop their dynamic capabilities.

Suggested Citation

  • Cyntia Vilasboas Calixto Casnici, 2021. "The Rise of Unicorn Companies: A Magical Growth?," Springer Books, in: Seung Ho Park & Maria Alejandra Gonzalez-Perez & Dinorá Eliete Floriani (ed.), The Palgrave Handbook of Corporate Sustainability in the Digital Era, edition 1, chapter 0, pages 581-593, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-42412-1_29
    DOI: 10.1007/978-3-030-42412-1_29
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-42412-1_29. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.