New Technology-Based Firms in Innovation Networks

Erkko Autio

Chapter 7 in Technology, Innovation and Enterprise, 1997, pp 209-235 from Palgrave Macmillan

Abstract: Abstract This chapter develops and applies a systemic approach to research on NTBFs. It will be contended that the traditional body of research on NTBFs essentially reflects a linear model of the spin-off process of these firms (e.g., Roberts, 1991b). This linear model, for its part, is largely based on the obsolete linear sequential model of technological innovation. The linear model of the spin-off process of NTBFs can be summarised as follows: (a) a technology-based idea is generated; (b) a new firm is established to exploit the new idea; (c) the new firm starts to amass resources, both human and financial, and starts developing a prototype based on the new idea; (d) if the business idea turns out to be viable, the new firm embarks on a rapid growth path.

Keywords: Basic Technology; Innovation Network; Technology Interaction; Science Park; Technological Competency (search for similar items in EconPapers)
Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (50)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25770-6_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349257706

DOI: 10.1007/978-1-349-25770-6_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().