Venture Capital and New Technology Based Firms

The aim of this study is to investigate in the role of Venture Capital in the development of New Technology Based Firms in two countries: USA and Germany.

Author: Oliver Pfirrmann

Publisher: Springer Science & Business Media

ISBN: 9783642486838

Category: Science

Page: 154

View: 191

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The aim of this study is to investigate in the role of Venture Capital in the development of New Technology Based Firms in two countries: USA and Germany. Based on literature review and empirical work issues concerning the extent and stage of financing, the nature of oversight provided by Venture Capitalists and the framework conditions for Venture Capital are subject of investigation. The results have been reflected in a workshop with experts from research, industry and policy.
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New Technology Based Firms in the New Millennium

A collection of the best papers presented at the High Technology Small Firm (HTSF) Conference held in the UK at Manchester Business School in June 2007.

Author: Ray Oakey

Publisher: Emerald Group Publishing

ISBN: 9780857243744

Category: Business & Economics

Page: 250

View: 816

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A collection of the best papers presented at the High Technology Small Firm (HTSF) Conference held in the UK at Manchester Business School in June 2007. It includes chapters that are devoted to the critical problems of HTSF financing, comprising two contributions from the UK and from Sweden, the Irish Republic, Italy, and Belgium.
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Early Stage Investments in New Technology Based Firms

Inhaltsangabe:Abstract: In recent years the issue of early stage investment in new technology based firms has drawn considerable attention.

Author: Holger Ludewig

Publisher: diplom.de

ISBN: 9783832412142

Category: Business & Economics

Page: 188

View: 468

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Inhaltsangabe:Abstract: In recent years the issue of early stage investment in new technology based firms has drawn considerable attention. Its relevance emerges from the rise of high technology industries in the global economy. As competition in established, mature industries all over the world is ever increasing, the importance of keeping up and increasing the speed of innovation to ensure competitiveness of companies and national wealth is widely recognized. Innovation may concern products or processes. It refers to the development of new proprietary knowledge, i. e. technology, which is embodied in marketable products or services. In as far as the added private knowledge increases the utility of a product to the customers, it adds value. Unless the new features of a product are matched by competitors, a company may earn innovation rents. Thus proprietary knowledge attained through innovation is an important source of strategic advantage. In a competitive, dynamic market, however innovation rents are not sustainable. Competitors will attempt to match and exceed the innovation advantage. This may be achieved by imitation or by adding other or more innovative features. Whereas following the product life cycle model initial growth may be steep and rents may be high for the first mover, imitators competing on price and other rivals competing on innovations, may inflate the monopolistic power of the proprietary knowledge. Striving to maintain and increase market shares and profitability, companies thus have a strong incentive to keep innovating. For new technology-based firms the importance of proprietary knowledge is particularly pronounced. These start-ups operate in a hostile competitive environment, characterized by high uncertainty, offering the potential for rapid growth and high profits on the upside, but also the substantial threat of incurring deep losses on the downside. Whereas large companies generally possess a diversified product portfolio and a host of strategic assets, small companies will need to compete on a single new product or service and the determination of its management team. Politicians, worried by high unemployment and budget deficits, lately fell in love with the high-technology start-ups for their ability to create jobs and ensure future tax revenues. New technology-based firms are drivers of structural change in the economy in that they are among the first to enter new high growth potential industries. For [...]
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Technology Based Firms in the Innovation Process

Their development is impeded by a difficult access to capital, high R&D costs and management deficits. The book analyses their chances and risks in the innovation process.

Author: Knut Koschatzky

Publisher: Springer Science & Business Media

ISBN: 9783642521355

Category: Science

Page: 290

View: 882

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Technology-based firms contribute to dynamic competition, ensure product variety, close market gaps and promote job creation. Their development is impeded by a difficult access to capital, high R&D costs and management deficits. The book analyses their chances and risks in the innovation process. Topics deal with the management of technology-based firms, different aspects on their financing, the spectrum of public promotion programmes and the venture capital market in Germany. Finally, the book centres on regional technology and economic promotion and the creation of regional networks for technology-based firms. The reader documents research of Fraunhofer-ISI on technology-based firms and their environment and aims at a better understanding of specific chances and risks in the development process of such firms.
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Technology Entrepreneurship

This collection of expert articles explores the development drivers of new technology-based firms and projects.

Author: André Presse

Publisher: Springer

ISBN: 9783319735092

Category: Business & Economics

Page: 300

View: 732

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This collection of expert articles explores the development drivers of new technology-based firms and projects. It provides perspectives for an in-depth understanding of how technological inventions lead to the creation of new and sustainable companies or business units. The authors address methods and concepts that help technology-based start-ups and entrepreneurial projects successfully develop innovative products and services.
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New Technology Based Firms in the New Millennium

Examines the question of whether providing work experience within courses of study in higher education affects entrepreneurial attitudes and behaviour, important given government imperatives to foster entrepreneurship through the education ...

Author: Ray Oakey

Publisher: Emerald Group Publishing

ISBN: 9780080554488

Category: Social Science

Page: 216

View: 946

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Examines the question of whether providing work experience within courses of study in higher education affects entrepreneurial attitudes and behaviour, important given government imperatives to foster entrepreneurship through the education system.
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New Technology based Firms in Britain and Germany

This sequel to an earlier Anglo-German project examines the dramatic increase in the number of new technology-based firms in Britain and Germany in the last ten years.

Author: Anglo-German Foundation for the Study of Industrial Society

Publisher:

ISBN: NYPL:33433064678612

Category: High technology industries

Page: 186

View: 115

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This sequel to an earlier Anglo-German project examines the dramatic increase in the number of new technology-based firms in Britain and Germany in the last ten years. It focuses on key issues affecting their future growth, financial issues and recent developments.
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New Technology Based Firms in the New Millennium

Examines the question of whether providing work experience within courses of study in higher education affects entrepreneurial attitudes and behaviour, important given government imperatives to foster entrepreneurship through the education ...

Author: Ray Oakey

Publisher: Emerald Group Publishing

ISBN: 9781849505444

Category: Social Science

Page: 216

View: 774

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Examines the question of whether providing work experience within courses of study in higher education affects entrepreneurial attitudes and behaviour, important given government imperatives to foster entrepreneurship through the education system.
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