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Management team and technology strategy for success of high- growth SMEs

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Listed:
  • Daniel Tarka

    (University of Greenwich,London)

  • Kanes Rajah

    (University of Greenwich,London)

Abstract

This article explores two of the five major factors that determine success in high-growth small and medium-sized enterprises (SMEs). Research has shown that the internal characteristics of SMEs such as technology strategy and the demographics of the management team are critical and related to the organisational success. High-growth SMEs have been defined as innovative technology companies that introduce new products or services, opening new channels of distribution, pioneering novel production methods and management approaches. A sectorial classification* of “high technology” industries developed at the Department of Trade and Industry was used as a basis for selecting the sample in the study. This embraces the communications, IT, computing, biotechnology, electronics, and medical / life sciences industries.

Suggested Citation

  • Daniel Tarka & Kanes Rajah, 2005. "Management team and technology strategy for success of high- growth SMEs," Microeconomics 0506003, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpmi:0506003
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Small firms; success; high-growth; technology strategy; management team.;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D2 - Microeconomics - - Production and Organizations
    • D3 - Microeconomics - - Distribution
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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