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The Network Embeddedness of New, Technology-Based Firms: Developing a Systemic Evolution Model

Listed author(s):
  • Yli-Renko, Helena
  • Autio, Erkko
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    The present paper focuses on the interactive relationship between new, technology-based firms and their network environment. The paper analyzes the mechanisms through which new, technology-based firms become immersed in innovation and manufacturing networks. The concept of embeddedness is developed and used to depict such mechanisms. A systemic evolution model of new, technology-based firms is proposed. The model depicts the evolution of new, technology-based firms in manufacturing and innovation networks. The model emphasizes the catalyzing role of new, technology-based firms in national systems of innovation. Network embeddedness is empirically explored in five case studies of Finnish new, technology-based firms. The systemic evolution model serves as an interpretative scheme for the case studies. The analysis of the organic relationship between new, technology-based firms and their systemic environment also serves to reveal the implications of embeddedness for new, technology-based firms. Copyright 1998 by Kluwer Academic Publishers

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    Article provided by Springer in its journal Small Business Economics.

    Volume (Year): 11 (1998)
    Issue (Month): 3 (November)
    Pages: 253-267

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    Handle: RePEc:kap:sbusec:v:11:y:1998:i:3:p:253-67
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