Commercialisation of technology through technology entrepreneurship: the role of strategic flexibility and strategic alliance.

Technology entrepreneurship is a vehicle that facilitates prosperity in individuals, businesses and nations. Therefore, the main objective of this study was to investigate the influence of technology entrepreneurship and strategic decisions on commercialisation of technology. To achieve this, data collected from 220 small manufacturing firms in Addis Ababa city was analysed using the OLS regression analysis. The result of the study revealed that technology entrepreneurship of small firms is the main source for the firm's better value creation and being competitively advantageous over its competitors. The firms will be competitively advantageous when they have better technology innovation and adoption. This happened through commercialising technical innovation and technology adoption. Therefore, small firm owners/managers should involve in creating values by forming a strategic alliance with stakeholders. The small venture owners/managers from low-income markets should also tend to engage more in adopting technologies from developed economies and involve on better innovation in designing and improving the overall performance of the product. [ABSTRACT FROM AUTHOR]