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The development process of new technology-based firms

Author

Listed:
  • Ugo Rizzo
  • Francesco Nicolli
  • Laura Ramaciotti

Abstract

This work investigates the paths of development of new technology-based firms (NTBFs). The existing literature on new venture development processes is largely built on a linear stages approach. Recent insights however, indicate that in order to better grasp the firms' development routes such linear models per se are no longer sufficient. This work investigates how firms evolve through time with respect to the main variables which literature highlight as strategic for the growth of firms. By clustering the firms in similar organisational configurations at constitution and some years after being on the market, the results highlight the complexity and variety of firm development processes. Our findings contribute to an understanding of the dynamics of the entrepreneurial process.

Suggested Citation

  • Ugo Rizzo & Francesco Nicolli & Laura Ramaciotti, 2013. "The development process of new technology-based firms," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 17(4/5/6), pages 352-369.
    • Handle: RePEc:ids:ijeima:v:17:y:2013:i:4/5/6:p:352-369
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    Citations

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    Cited by:

    1. Giorgio Prodi & Federico Frattini & Francesco Nicolli, 2016. "Regional Innovation Systems in China: A long-term perspective based on patent data at the prefectural level," SEEDS Working Papers 0316, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Apr 2016.
    2. Przemyslaw Zbierowski, 2017. "The Aspirations of New Technology-Based Firms in CEE and CIS Countries," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 11(3), pages 50-60.

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