Small High Technology Firms And Innovation

The encouragement of the birth and growth of high technology small firms is a major goal of both national and regional government planning agencies. However, while there is broad agreement on the increasing value of this type of small firm to future industrial expansion beyond the year 2000, there is little hard evidence on which to base measures to encourage the rate of new firm formation and subsequent growth. This book aids policy prescription by providing a detailed study of regional variations in the management of innovation in high technology small firms. The empirical research considers all the major management factors that are inputs to the innovation process through a time-series study of innovation in British and American high technology small firms. In conclusion, results of this study form the basis of a radical new policy approach to the promotion of growth in high technology small firms.

Smaller, technically-oriented companies often assume types of risk (and an amount of risk) that is not often tolerated by large companies. In the United States both consumers and companies depend on smaller, high-tech companies to explore the commercial application of technology in potential, emerging, and small markets. This book, through comparison of six industries in which small companies play a critical role, explores the principal economic function of small, high-tech companiesâ€"to probe, explore, and sometimes develop the frontiers of the U.S. economy in search of unrecognized or otherwise ignored opportunities for economic growth and development.

Seminar paper from the year 2002 in the subject Business economics - Miscellaneous, grade: 2.3 (B), University of Manchester (Manchester School of Management), 32 entries in the bibliography, language: English, abstract: In the last twenty years, many researchers and even governments have undertaken studies concerning small, innovative firms operating in new technology sectors. Different researchers have concluded different things from different studies, and different opinions prevail in many areas. The underlying notion of the paper is to question if large firms are better at innovation than small firms. An answer to this question in the light of the findings of this paper will be attempted in the conclusion in chapter seven. Specifically, the purpose of this paper is to define and highlight briefly the main characteristics of NTBFs, and to point out the level of cooperation between small and large firms in the technology sector. It will then evaluate these in the light of the Mobile Phone sector. The influence of governments on small innovative companies will also be considered.

Smaller, technically-oriented companies often assume types of risk (and an amount of risk) that is not often tolerated by large companies. In the United States both consumers and companies depend on smaller, high-tech companies to explore the commercial application of technology in potential, emerging, and small markets. This book, through comparison of six industries in which small companies play a critical role, explores the principal economic function of small, high-tech companies--to probe, explore, and sometimes develop the frontiers of the U.S. economy in search of unrecognized or otherwise ignored opportunities for economic growth and development.

This book is the outcome of the research project “Internationalization Patterns of Small and Medium-Sized Enterprises Operating in High-Tech Industries”, funded by the National Science Centre (NCN) of Poland. It presents updated knowledge on the internationalization patterns of high-tech firms, with particular insights into their main characteristics such as innovations and research and development. The theoretical framework of the book is built on a literature review and the survey of existing research. In turn, the results of the research project which gave rise to the book are presented, highlighting the internationalization path of firms operating in the high-tech and medium-high-tech sectors.

With the global economy in a precarious position, nurturing new entrepreneurial high-technology firms is likely to comprise a key component of any policy to encourage economic growth, both in developed and developing countries. Recent high-technology ventures – such as retailing in the music industry – have shown how entrepreneurs can radically change, or even replace, the structure of existing industries. High-Technology Entrepreneurship introduces and analyzes all the major aspects of high-technology small-firm formation and growth. Locational and functional aspects of the process, as well as how contexts for development may vary between developed and developing economies are also discussed. Other key topics that are addressed include: how high technology firms originate in theory and practice entrepreneurship theory incubators, science parks and clustering entrepreneurial strategy and finance. Students taking Master's-level courses in entrepreneurship, technology, innovation, academic enterprise and industrial development will find this an essential textbook for completing their studies.

This book provides a framework for developing successful product strategies in small, high-technology firms. The authors emphasize the importance of aligning product strategy with business strategy and the need for continuous innovation. They explain how to analyze market opportunities, design products that meet customer needs, and launch them successfully. The book is essential reading for entrepreneurs, marketing professionals, and business students. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.