INTERNATIONAL GROWTH OF YOUNG TECHNOLOGY-BASED FIRMS: A RESOURCE-BASED NETWORK MODEL

Erkko Autio, Helena Yli-Renko and Ari Salonen
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Erkko Autio: Helsinki University of Technology, Institute of Strategy and International Business, Finland
Helena Yli-Renko: Helsinki University of Technology, Institute of Strategy and International Business, Finland
Ari Salonen: Helsinki University of Technology, Institute of Strategy and International Business, Finland

Journal of Enterprising Culture (JEC), 1997, vol. 05, issue 01, 57-73

Abstract: This paper analyzes the international growth of 82 young technology-based firms in Finland from a resource-based perspective. These firms manufacture electro-mechanical instruments or devices, are independent, technology-based, and internationally active. The analysis focuses on resource leveraging as a mechanism for facilitating international growth. It is suggested that resource leveraging leads to an interesting paradox: the more growth - oriented the firm is, the more embedded it becomes; that is, the higher the number of network relationships the firm has to set up.

Date: 1997
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DOI: 10.1142/S0218495897000053

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