By Aard Groen, Ray Oakey, Peter Van Der Sijde
This ebook contains chosen papers from the yearly excessive know-how Small companies (HTSFs). The convention is stated via specialists within the box to be a very invaluable and authoritative list of the evolution of HTSF study because the inception of the sequence in 1993. It addresses strategic development for small businesses. It discusses the right way to harness exterior assets to advertise progress (i.e., executive and/or higher enterprises) whereas conserving a win-win. It comprises dialogue of "spin off" the transformation from a non-profit making entity to a aggressive busines international.
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Extra resources for New Technology-Based Firms in the New Millennium, V, Volume 5 (New Technology-Based Firms) (New Technology-Based Firms) (New Technology-Based Firms)
The survey highlighted the following aspects including the reason for the firm’s establishment, growth pattern, innovative activities, ways of financing, and problematic needs and the years over which these were experienced. In addition to the written inquiry, we carried out four in-depth case study interviews to obtain a rich understanding of particular problematic needs. Delft University of Technology has been involved in the development of new technology-based firms by launching the Techno-starter program in 1998, although a similar kind of support was also provided a few years prior to 1998.
E. the obstacle incidence rate (OIR) and the obstacle reduction rate (ORR). e. derived from different age categories of spin-offs. Before we proceed with an in-depth analysis of age patterns of obstacles to growth, we introduce a general picture of the obstacles in the next section. Obstacles to Growth Obstacles are defined as problematic resource needs faced by spin-offs in their current and/or past existence. There is a whole range of such obstacles (Table 2). Market-related obstacles are in first place, with management obstacles and financial obstacles, respectively, in second and third places.
New business incubators. Journal of Business Venturing, 2 (4), 277–284. Oakey, R. P. (2003). Technical entrepreneurship in high technology small firms: Some observations on the implications for management. Technovation, 23, 679–688. Penrose, E. (1959). The theory of growth of the firm. Oxford: Blackwell. OECD. (2001). Fostering high-tech spin-offs. A public strategy for innovation. Paris: STI-Review. , & Garnsey, E. (1998). Incubation policy and resource provision: Meeting the needs of young, innovative firms.