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New venture high growth in high-tech environments

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  • Maria Francesca Savarese
  • Luigi Orsi
  • Fiorenza Belussi

Abstract

The aim of this article is to understand the triggering factors of new firm growth in high-tech environments (life science, knowledge-intensive business services [KIBS] and engineering) by studying a representative sample of high-growth Italian start-ups. Our empirical research uses the information gathered during direct interviews with managers through a semi-structured questionnaire, which was presented to 382 new Italian firms. Considering the characteristics of new firms, this article summarizes the key growth factors. Investment in acquiring new competencies both in technology and marketing, development of dynamic capabilities (investment in human resources and new routines) and access to external knowledge and information sources emerged as significant.

Suggested Citation

  • Maria Francesca Savarese & Luigi Orsi & Fiorenza Belussi, 2016. "New venture high growth in high-tech environments," European Planning Studies, Taylor & Francis Journals, vol. 24(11), pages 1937-1958, November.
    • Handle: RePEc:taf:eurpls:v:24:y:2016:i:11:p:1937-1958
    DOI: 10.1080/09654313.2016.1232700
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    References listed on IDEAS

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    1. Acs,Zoltan J. & Carlsson,Bo & Karlsson,Charlie (ed.), 1999. "Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy," Cambridge Books, Cambridge University Press, number 9780521621052.
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    Cited by:

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    2. D’Angelo, Alfredo & Presutti, Manuela, 2019. "SMEs international growth: The moderating role of experience on entrepreneurial and learning orientations," International Business Review, Elsevier, vol. 28(3), pages 613-624.
    3. Anokhin, Sergey & Eggers, Fabian, 2023. "Social venture scaling: Does the technological environment matter?," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    4. Gang Wang & Linwei Li & Xu Jiang, 2019. "Entrepreneurial Business Ties and New Venture Growth: The Mediating Role of Resource Acquiring, Bundling and Leveraging," Sustainability, MDPI, vol. 11(1), pages 1-19, January.
    5. Airapetyan, Mamikon (Айрапетян, Мамикон) & Aleschenko, Natalya (Алещенко, Наталья) & Arushanyan, Vitaliy (Арушанян, Виталий), 2015. "Experience in Analysis and Forecasting of Cyclical Fluctuations in the Economy (On the Example of the National Bureau of Economic Research in Application to the Economy and the Anti-Crisis Policy of R," Published Papers madd5, Russian Presidential Academy of National Economy and Public Administration.
    6. Luciano Pilotti, 2018. "Cultural Economy for the Environmental Preservation of the Landscape as a Key Resource in Historic Territories," Agriculture, MDPI, vol. 8(10), pages 1-12, October.

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