Clustering and the R&amp;D management of high‐technology small firms: in theory and practice

Oakey, R.

doi:10.1111/j.1467-9310.2007.00472.x

Cited by 47 publications

(39 citation statements)

References 18 publications

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“…The increasingly vital role of SMEs in innovation -in both regional and national economic and social development and (international) competitiveness -has been widely acknowledged in the economic and entrepreneurship literature (Pavitt, 1990;Berry and Taggart, 1996;Oakey, 2007;Cooper and Park, 2008).…”

Section: Modern World Entrepreneurshipmentioning

confidence: 99%

“…More than 50 per cent of Europeans would like to be self-employed, while less than 45 per cent prefer to work as dependent employees (European Commission, 2008). In the USA more than 50 per cent of the population prefer to be their own boss, and only 37 per cent prefer an employee status (European Commission, 2008).The increasingly vital role of SMEs in innovation -in both regional and national economic and social development and (international) competitiveness -has been widely acknowledged in the economic and entrepreneurship literature (Pavitt, 1990;Berry and Taggart, 1996;Oakey, 2007;Cooper and Park, 2008).The notion of entrepreneurial competition was developed more than a century ago by Alfred Marshall (van Delft et al, 2000). Later, a really path breaking contribution to the analysis of entrepreneurship from a broad historical perspective was made by Joseph Schumpeter in his book The Theory of Economic Development (1934).…”

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confidence: 99%

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Strangers on the Move: Ethnic Entrepreneurs as Urban Change Actors

Kourtit¹,

Nijkamp²

2012

European Review

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Abstract:This paper aims to examine the critical conditions for success and failure for the new generation of ethnic entrepreneurs in the creative industries in modern Dutch urban areas, in terms of their entrepreneurial behaviour with a particular focus on their personal and business characteristics and their motivation and driving forces, which all determine their entrepreneurship and their business performance. An empirical application is presented, in which the results from an in-depth interview study of Moroccan entrepreneurs are discussed. The findings of our study show that, in general, these entrepreneurs are more open and are looking for new opportunities beyond the traditional markets using break-out strategies. This research study can help to explain how to achieve a better understanding of the important factors which influence entrepreneurial behaviour and activity, the business entry decision, and the creation process, and of the conditions for success and other factors that can have an effect on the performance of ethnic entrepreneurs in the Netherlands, within the broader context of entrepreneurship. This will have implications for various stakeholders such as other ethnic entrepreneurs, policy makers and business investors in this dynamic and promising business environment.Keywords: ethnic entrepreneurship, urban change, strategic performance management, culture, creative industries Pn371kk 1 The Modern City as a Multicultural Melting PotCreativity, innovation and entrepreneurship are often mentioned in the current literature as critical success factors that spur economic development and growth. Lee et al. (2004) argue that entrepreneurship is often associated with creativity, and that creative and innovative regions enjoy a high level of dynamic entrepreneurship, so that creativity offers a positive stimulus for new firm formation in an open and flexible economy.The development of today's business environment, as well as of the modern global economy, has in recent years brought cultural, creative and innovative activities into a new focus, viz. the 'New Economy'. It is often argued that the emergence of the 'new paradigm' of creativity, innovation and entrepreneurship (Matheson, 2006) is mainly due to the perceived international success of the creative sector 1 (Marlet and Poort, 2005) and to Florida's (2002Florida's ( , 2003Florida's ( , 2004) and Scott's (2000) seminal work on Creative Industries (CIs) in modern cities.Entrepreneurship and innovation are two closely connected phenomena that are responsible for a nation's, region's or city's economic growth and cultures. They lead to new forms of productivity and act as the engine of continued prosperity. Entrepreneurship is often found in the small and medium-sized enterprise (SME) sector, and hence it also offers new opportunities for immigrants with a business-oriented attitude.Migration is one of the most studied subjects in the social and behavioural sciences, e.g. in demography, sociology, geography, economics. Several academics speak now...

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Section: Modern World Entrepreneurshipmentioning

confidence: 99%

mentioning

confidence: 99%

Strangers on the Move: Ethnic Entrepreneurs as Urban Change Actors

Kourtit¹,

Nijkamp²

2012

European Review

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“…Some studies demonstrate that network-based incubation does not improve start-ups' performance (Chan and Lau 2005;Oakey 2007;Soetanto and Jack 2013). Other studies argue that network-based incubation does lead to improved startup performance (Hansen et al 2000;Hughes et al 2007;Patton 2014).…”

Section: Introductionmentioning

confidence: 99%

How network-based incubation helps start-up performance: a systematic review against the background of management theories

2016

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The literature on how network-based incubation influences the performance of technology-based start-ups has recently grown considerably and provided valuable insights. However, at the same time this literature has become quite fragmented, inconsistently conceptualised, and theoretically underdeveloped. Therefore, this article uses three management theories to structure the literature, improve the theoretical underpinning and develop an agenda for further research. The management theories are the resourcebased view, knowledge-based view, organisational learning, and social capital theory. We find that the network-based incubation literature has convincingly shown that networkbased incubation provides start-ups with resources, capabilities, knowledge, learning and social capital. However, the influence of these intermediary benefits on start-up performance is ambiguous. There is a considerable opportunity to advance the network-based incubation literature with contemporary insights from management theories. We propose an agenda for further research on network-based incubation that leads to a fine-grained model of the mechanisms and impact of network-based incubation that goes beyond taken for granted assumptions about the positive impact of network-based incubation.

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“…Pellikka, 2014). Especially, the dependency of small firms, such as new technology ventures on external resources, has been recognized (e.g., Oakey, 2007). Pellikka's (Pellikka, 2014) framework of the commercialization process in small high-technology ventures sheds light on the interface between internal and external commercialization dimensions and thus may help to discover how firms can receive these external resources.…”

Section: Barrier Framework Methodologymentioning

confidence: 99%

Overcoming Barriers to Successfully Commercializing Carbon Dioxide Utilization

Kant

2017

Front. Energy Res.

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The successful transition to a low-carbon economy hinges on innovative solutions and collaborative action on a global scale. Sustainable entrepreneurship is thereby recognized as a key driver in the creation and transformation of ecologically and socially sustainable economic systems. The purpose of this article is to contribute to this topic by understanding commercialization barriers for strong sustainability-oriented new technology ventures and to derive recommendations to overcome them. A qualitative multilevel approach is applied to identify barriers and drivers within the internal dynamic capabilities of the organization and within the organization's external stakeholders. A model of barriers has been developed based on semi-structured interviews with new carbon dioxide utilization ventures and associated industry players in Canada, the USA, and the European Economic Area. Resulting recommendations to facilitate the (re-)design of a dedicated support system are proposed on four levels: (a) actors, (b) resources, (c) institutional settings, and (d) the coordination of the support system.

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Clustering and the R&D management of high‐technology small firms: in theory and practice

Cited by 47 publications

References 18 publications

Strangers on the Move: Ethnic Entrepreneurs as Urban Change Actors

Strangers on the Move: Ethnic Entrepreneurs as Urban Change Actors

How network-based incubation helps start-up performance: a systematic review against the background of management theories

Overcoming Barriers to Successfully Commercializing Carbon Dioxide Utilization

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