Small technology firms are currently facing increasingly severe competition in a dynamic business environment where an effective commercialization process may secure the survival of a venture and provide key benefits such as increases in turnover, profits and market share. However, technology firms have to be able to create the suitable business model for a new product commercialization in order to realize the economical potential and value. Therefore, it is important to increase our knowledge about the utilized business models in high technology sectors and their role as a part of new product commercialization and innovation management. Using data from 12 small technology firms, this study shows that business model creates an operational level of commercialization process and it can help managers to plan the value delivery through the process phases. Despite the trend toward opening up research and development and commercialization processes in the high technology fields, small high technology firms in this study seems to pursue more closed approaches to R&D than in other business functions such as marketing and sales.
Transfer of business will become more and more important in the immediate future as large numbers of entrepreneurs in Europe are growing older. The attention paid to the phenomenon is still not adequate. The research aims at giving a recent picture on the Finnish transfer of business situation. Various writers have come up with different scenarios as to a successful transfer of business. In this research, compare some recent Finnish findings are compared with the data collected in connection with a larger small family business research programme. The paper presents similarities to and dissimilarities from previous findings. Technical, hard issues (financing, taxation) are not the most problematic issues in transfer of business as experienced by Finnish entrepreneurs; the problems are in obtaining assistance in transfer of business planning and finding a successor/buyer. Limitations are discussed and suggestions for future research are put forward where findings challenge previous research.
attempt by policymakers to use enterprise as a tool for addressing deprivation is most likely to be ineffective in changing the lives of those living in deprived communities. Indeed, the authors remind us that the negative consequences of a binary approach are most significant for those who are already among the most marginalised in society.The book offers a variety of perspectives on the conceptual link between enterprise and deprivation, and provides a critical and valuable insight into the multifaceted causes and effects of deprivation. This book is a welcome addition to the literature in the field and, as such, is an appropriate text for both postgraduate students and academics interested in researching and understanding the enterprise-deprivation connection, and the hegemonic influence of free market enterprise as articulated through policy and practice.
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