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Technical Entrepreneurship, Experience and the Management of Small Technology-Based Firms

In: Technology, Innovation and Enterprise

Author

Listed:
  • Dylan Jones-Evans

Abstract

The last decade has witnessed a growing enthusiasm for entrepreneurs as catalysts for economic development and change, with increasing attention being paid to the role of small technology-based companies as contributors to both technological innovation and employment in high-technology industries. Such small technology-based firms display a distinct form of entrepreneurship, mainly because of the dependence of the venture on the owner-manager’s high degree of technical expertise, translated into new technologies, products or processes. As Cooper and Bruno (1977:20) have stated, ‘for a new technology-based firm, the primary assets are the knowledge and skills of the founders. Any competitive advantage the new firm achieves is likely to be based upon what the founders can do better than others.’ Using a typology based on the influence of the previous occupational experience of technical entrepreneurs, this chapter will explore the effect of previous management skills and knowledge on the current management position assumed by the individual owner-manager within the small technology-based firm, as well as any perceived future role in the business.

Suggested Citation

  • Dylan Jones-Evans, 1997. "Technical Entrepreneurship, Experience and the Management of Small Technology-Based Firms," Palgrave Macmillan Books, in: Dylan Jones-Evans & Magnus Klofsten (ed.), Technology, Innovation and Enterprise, chapter 2, pages 11-60, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25770-6_2
    DOI: 10.1007/978-1-349-25770-6_2
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