Commercialisation Strategies of Technology based European SMEs: Markets for Technology vs. Markets for Products
AbstractThis paper focuses on European small-medium "serial innovators" at the beginning of the 1990s and provides an empirical basis to answer the following questions: who are the upstream specialized small-medium technology producers? How are they distributed across countries? Are there technologies in which they show a relative advantage? By focusing on firms? history, activities, and the description of events obtained by different data sources, we also investigates if technology based SMEs choose to implement a strategy based on the commercialisation of their technologies or if they invest in the complementary assets of production, marketing and distribution becoming micro-chandlerian firms. Through this analysis we are able to propose a taxonomy of technology based SMEs? strategies in the market for technology, in the market for embedded technologies and in the market for products.
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Bibliographic InfoPaper provided by Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy in its series LEM Papers Series with number 2005/08.
Date of creation: 05 May 2005
Date of revision:
SMEs; Technology Strategies; Licensing.;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-05-14 (All new papers)
- NEP-EEC-2005-05-14 (European Economics)
- NEP-ENT-2005-05-14 (Entrepreneurship)
- NEP-INO-2005-05-14 (Innovation)
- NEP-TID-2005-05-14 (Technology & Industrial Dynamics)
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