High Technology Industry, Agglomeration and the Potential for Peripherally Sited Small Firms

Les fondateurs des nouvelles entreprises de biotechnologies et leurs modèles d’entreprise. Une approche par les compétences et les ressources illustrée sur le cas français

“…Ce chiffre est supérieur au 54 % pour l'étude de Oakey et al (1990) (sur un échantillon de 150 NEB anglaises en 1989). Tous ne sont cependant pas des star scientists à la Zucker (Zucker et Darby, 1996), voir les NEB de type « produit » et « prestataire de services ».…”

Small Business Growth in Contrasting Environments

“…In accordance with a priori expectations, most firms in these branches are located in areas of concentrated economic activity. Nevertheless, a considerable minority (25%) are located in rural and peripheral areas (Oakey and Cooper 1989). The same emerged from Oake/s, Rothwell's and Cooper's comparison of R&D expenditure by firms in the San Francisco Bay Area (including Silicon Valley), Southeast England, and Scotland (Oakey et al 1988).…”

“…It is anticipated that the proximity of many firms facilitates the fluid deployment of labour among firms, allowing the firms to meet their labour requirements easily and at low costs from within the local labour market. Angel (1989;, Oakey and Cooper (1989) and others have found indications that firms in dense agglomerations can meet the majority of their labour demands by hiring workers with considerable occupation-specific experience. This pattern holds for professionals and highly skilled technicians as well as for low-skilled production workers.…”

“…This pattern holds for professionals and highly skilled technicians as well as for low-skilled production workers. Businesses in remote locations, by contrast, either have to make do with workers at the entry level, generating requisite skills and experience in-house, or they must attract suitable workers from beyond the local labour market (Angel 1991;Oakey and Cooper 1989). Malecki and Bradbury (1992) note, however, that employers have found it difficult to recruit, transfer and relocate highly skilled and experienced workers to peripheral locations.…”

Resourceful financing by new firms : the use of multiple credit sources

“…Reasons include independence (Deakins & Philpott, 1994;Oakey, 1984Oakey, , 1995 and location (Greenhut & Colberg, 1962). Thus, founders of high technology firms are more willing to substitute profit maximization with non-financial objectives as a key goal for their firms as long as the firm does not become insolvent (Oakey & S. Y. Cooper, 1989). The high-technology founder may be prepared to have his / her firm remain static or grow slowly by avoiding the use of external funds (Deakins and Philpott, 1994).…”