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Matching imitative activity of high-tech firms with entrepreneurial orientation

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  • Najda-Janoszka, Marta

Abstract

As pointed by numerous scholars high technology sectors are very apt for studying entrepreneurial activities due to their high levels of innovativeness. However, taking into account the highly dynamic and substantially hostile environment in those sectors innovation may often not be the best strategic choice for market entry. In high-tech industries the boundaries between the innovation and imitation are often blurred. Hence, following the pioneer does not eliminate risk of market entry and is not necessarily equal to lack of capabilities, weak market position or inability to recognize market opportunities. In fact the business practice confirms the extensive utilization of imitation strategy by technology entrepreneurs. Meanwhile, the literature on entrepreneurship focuses almost exclusively on original innovators underestimating the importance of imitation in the growth process and indicating shortage of research on imitative activities of entrepreneurs. Therefore this article presents discussion on the applicability of entrepreneurial orientation to imitators from the high-tech industries.

Suggested Citation

  • Najda-Janoszka, Marta, 2012. "Matching imitative activity of high-tech firms with entrepreneurial orientation," MPRA Paper 43922, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:43922
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    File URL: https://mpra.ub.uni-muenchen.de/43922/1/MPRA_paper_43922.pdf
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    References listed on IDEAS

    as
    1. Schmitz, James A, Jr, 1989. "Imitation, Entrepreneurship, and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 97(3), pages 721-739, June.
    2. Jan Fagerberg, 2003. "Innovation: A Guide to the Literature," Working Papers on Innovation Studies 20031012, Centre for Technology, Innovation and Culture, University of Oslo.
    3. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    4. Mansfield, Edwin, 1985. "How Rapidly Does New Industrial Technology Leak Out?," Journal of Industrial Economics, Wiley Blackwell, vol. 34(2), pages 217-223, December.
    5. Elena Cefis & Orietta Marsili, 2011. "Born to flip. Exit decisions of entrepreneurial firms in high-tech and low-tech industries," Journal of Evolutionary Economics, Springer, vol. 21(3), pages 473-498, August.
    6. Simon, Mark & Houghton, Susan M. & Aquino, Karl, 2000. "Cognitive biases, risk perception, and venture formation: How individuals decide to start companies," Journal of Business Venturing, Elsevier, vol. 15(2), pages 113-134, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Najda-Janoszka, Marta, 2017. "Tracking Windows of Opportunity along the Industry Development Trajectory," MPRA Paper 83438, University Library of Munich, Germany.
    2. Najda-Janoszka, Marta, 2013. "Towards Balancing Innovation and Imitation Practices in the Value Creation Process," MPRA Paper 58609, University Library of Munich, Germany.
    3. Najda-Janoszka, Marta & Kopera, Sebastian, 2013. "Exploring Barriers to Innovation in Tourism Industry – The Case of Southern Region of Poland," MPRA Paper 53980, University Library of Munich, Germany.
    4. Najda-Janoszka, Marta, 2017. "Industry Transition - Challenges for Value Capture," MPRA Paper 81919, University Library of Munich, Germany.

    More about this item

    Keywords

    imitation; innovation; market-entry strategy; high-technology firms; entrepreneurial orientation;

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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