New Technology-Based Firms in the New Millennium IV (New Technology-Based Firms)

Cover......Page 1
New Technology-Based Firms in the New Millennium, Volume IV......Page 4
Contents......Page 6
Contributors......Page 8
1. Introduction......Page 12
Strategy......Page 14
References......Page 15
Part I. Theory......Page 18
Introduction......Page 20
The Evolution of Science Enterprise Knowledge......Page 22
The Development of Science Enterprise Capability......Page 25
The Venture Creation Process......Page 27
Conclusions and Suggested Research Agenda......Page 28
References......Page 31
Introduction......Page 34
An Increasingly Commercial Research and IP Focus......Page 35
Mobilising and Developing Human and “Potential” Entrepreneurial Capital......Page 36
Technology Entrepreneurship and Academia......Page 37
The Context and Approach......Page 40
The Technology Entrepreneurship Programme......Page 41
Programme Design and Delivery......Page 42
Results from the First ThreeYears of the Programme......Page 44
Participant Reflections......Page 45
Conclusions for Education and Economic Development......Page 48
References......Page 50
Introduction......Page 52
SME Innovation and the Co-Evolution of Territorial Innovation Knowledge Assets......Page 54
The Co-Evolutionary Model of Innovation......Page 55
University Technology Transfer Activities: Institution or Innovation?......Page 56
Universities as Institutional Innovators......Page 57
Research Method, Analytic Approach and Study Background......Page 60
Universities’ Business Interaction Innovation Processes......Page 61
The Firms’ Contribution to the Universities’ Innovation Processes......Page 63
Universities as Institutional Innovators: Towards a Barriers Approach?......Page 65
Extending the Sophistication Approach: Barriers to Improvement......Page 68
Concluding Discussion: Latency and Enactment in University/Business Interactions......Page 69
References......Page 70
Introduction......Page 74
The Entrepreneur......Page 76
Alertness......Page 77
Environmental Influences......Page 78
Developing and Growing “Entrepreneurial” Experience......Page 79
Existing Technical and Managerial Experience......Page 81
The Current State Opportunity Recognition Theory......Page 83
Towards a Model of Opportunity Recognition......Page 84
Conclusions......Page 87
References......Page 88
Part II. Strategy......Page 92
Introduction......Page 94
Background Characteristics of the CEOs and their Businesses......Page 95
Entrepreneurial Orientation (EO)......Page 97
Pro-activeness......Page 98
Innovativeness......Page 99
Risk-taking......Page 101
Entrepreneurial Orientation and Recent Performance......Page 102
Entrepreneurs’ Objectives and Intentions......Page 104
Conclusions......Page 108
Appendix......Page 109
References......Page 111
Introduction......Page 114
A Virtual Drug Company......Page 116
A More Integrated Company......Page 118
Industry Review......Page 120
Do Biopharmaceutical Start-Ups Understand their Living Environment?......Page 121
How Might an Individual Bio-SME Survive and Grow in the Network?......Page 122
Evolution of Manufacturing Systems......Page 123
Inter-Firm Relationships and Outsourcing......Page 124
Resource-Based Theory and Evolutionary Economics......Page 125
Implications to Industry and Academia......Page 126
References......Page 127
Introduction......Page 130
A Framework Approach......Page 131
Strategic Planning......Page 132
Organisational Culture......Page 133
Methodology......Page 134
Data Analysis......Page 135
Culture and Innovation......Page 136
Leadership and Innovation......Page 137
Practical Implications of the Findings......Page 138
Concluding Remarks......Page 140
References......Page 141
Introduction......Page 144
Theoretical Frameworks......Page 145
Characteristics of Venture Leasing Objects......Page 146
Compensation for Risk......Page 147
Differences between Venture Leasing and Traditional Leasing......Page 148
Geographic Spread of Venture Leasing......Page 149
Explorative Research Study......Page 151
Analysis of the Survey Data......Page 152
Market for Venture Leasing Firms?......Page 153
Venture Leasing in Germany?......Page 154
Financing Alternative Venture Leasing?......Page 155
References......Page 157
The Function of B2B Systems......Page 160
Literature Review......Page 162
ERP Applications......Page 165
SCM and CRM Applications......Page 167
Knowledge Management......Page 168
Reference Model......Page 169
Conclusions and Further Work......Page 171
References......Page 172
Part III. Clustering and Spin-off Firms......Page 174
Introduction......Page 176
Clustering and Innovation......Page 177
Nodes in Global Innovation Networks......Page 179
Summary......Page 180
An Overview of the Post-Production and Equipment Supply Sectors......Page 181
Innovation and Competition......Page 183
The Labour Market......Page 184
Spin-offs......Page 187
Knowledge Sharing and Personal Networks......Page 189
Important Customers and Lead Users......Page 190
External Networks and Knowledge Flows......Page 191
Other Important Institutions......Page 192
Conclusions......Page 193
References......Page 194
Introduction......Page 196
HT Development in Italian Peripheral Regions......Page 197
Public Research and Advanced Education in Pisa......Page 199
Changes in the Economic Structure of Pisa......Page 200
The Evolution of the HT Sector in Pisa......Page 202
Strengths and Weaknesses of HT in Pisa......Page 205
Conclusion: HTSF in Peripheral Areas......Page 210
References......Page 211
Introduction......Page 214
Strategic Alliances......Page 215
Strategic Alliances and Conditions of Technological Uncertainty......Page 217
Strategic Alliances between Start-Up Ventures and Large Organisations......Page 219
Resource-Based View of Alliances......Page 220
Case Studies......Page 221
Case 1: 1 Limited......Page 222
Case 4: Zeus Technology......Page 223
Discussion and Conclusions......Page 224
References......Page 226
Introduction......Page 230
Theoretical Background: Dimensions of the Entrepreneurial Process......Page 231
Technology-Driven Entrepreneurship......Page 234
Results from the Literature Scan......Page 235
Exploitation and Value Creation......Page 236
Results from the Literature Scan......Page 237
Summary......Page 238
Results from the Literature Scan......Page 239
Results from the Interviews......Page 240
Overall Summary......Page 241
Entrepreneurship Education for Engineering and Technological Experts (Organisation Dimension)......Page 242
References......Page 243
Introduction......Page 246
Technology Transfer—Theoretical Issues......Page 247
Situation with Innovations and Technology Transfer in Russia......Page 249
Technology Transfer at the Ural State Technical University......Page 251
Outcomes of International Projects of the Centre for Innovative Business and Technology Transfer Division “Uraltransfer”......Page 253
Lessons Learnt from the International Projects......Page 256
References......Page 257
Introduction......Page 260
Literature Review......Page 261
Main Characteristics of the Studied Firms......Page 264
Findings on the Finance Issues......Page 265
The Impact of Location......Page 269
Conclusion......Page 270
References......Page 271