The heterogeneity of the development process of new technology-based firms
AbstractThis work investigates the variety of development processes of start up firms in a regional setting. The existing literature on entrepreneurship lacks accurate analysis of the processes that lead an idea of business to become an established firm. The present paper moves one step towards filling this gap by dynamically investigating the process development of a self-contained population of 78 new technology based firms (NTBFs) in the North Italian region of Emilia-Romagna. By clustering the firms in similar organisational configurations at three different points in time, the results show that it is possible to observe that firms develop along different, sometimes overlapping paths. Our findings contributes to the understanding of the dynamics of the entrepreneurial process and lead to important policy implications.
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Bibliographic InfoPaper provided by University of Ferrara, Department of Economics in its series Working Papers with number 201213.
Length: 21 pages
Date of creation: 22 Sep 2012
Date of revision:
Entrepreneurship; Firm development process; New technology-based firms; Start-ups; Regional policies; Cluster analysis;
Find related papers by JEL classification:
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-10-06 (All new papers)
- NEP-BEC-2012-10-06 (Business Economics)
- NEP-CSE-2012-10-06 (Economics of Strategic Management)
- NEP-ENT-2012-10-06 (Entrepreneurship)
- NEP-SBM-2012-10-06 (Small Business Management)
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