1. Growth of Technology-based New Firms.
- Author
-
Autio, Erkko
- Subjects
TECHNOLOGICAL innovations ,NEW business enterprises ,CORPORATE growth ,STRATEGIC planning ,GROWTH industries ,ENTREPRENEURSHIP ,DIFFUSION of innovations ,INTERNET ,KNOWLEDGE management - Abstract
This paper presents an overview of the research tradition focusing on technology-based new firms (TBNF) and identifies directions for possible future research. The author explores if there is any justification for concentrating on TBNFs as a distinct stream of research and provides an overview of the history of research on TBNFs. To build a case for a dedicated stream of research on TBNFs, the author explores different streams of research on TBNFs and their contributions. The author also explores the strategic management stream, which refers to all studies of TBNFs that draw on some established strategy framework. The author concludes with four technological trends identified by Bettis and Hitt (1995) that shape the competitive environment of firms: the increasing rate of technological change and diffusion; the information age, as typified by the Internet; increasing knowledge intensity; and the emergence of positive industry feedback.
- Published
- 2000