Entrepreneurial Initiatives and Competitive Advantage in Technology-Based Companies: The Role of the Founding Team

Mònica Cerdán-Chiscano, Antoni Olive, Ana Isabel Jiménez-Zarco and Joan Torrent-Sellens ()

Chapter 9 in Entrepreneurial Challenges in the 21st Century, 2015, pp 133-154 from Palgrave Macmillan

Abstract: Abstract Academic companies have to face different problems in the first steps of their creation process. In this sense, barriers to entrepreneurship can be external or internal. Environmental and organizational factors can make business activity difficult and threaten the organization’s survival as well. This is especially relevant in the high technology field, due to the fact that it is a dynamic and competitive industry where the product life cycle is very short and innovation is easily replicable. Technology and commercial risk is higher, and companies have low chances of obtaining a sustainable competitive advantage; so they have to find internal forces that enable them to overcome that complex situation.

Keywords: Firm Growth; External Resource; Private Financing; Science Park; Business Growth (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47976-1_9

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DOI: 10.1057/9781137479761_9

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