Highly innovative small firms in the markets for technology

Hicks, Diana; Hegde, Deepak

doi:10.1016/j.respol.2005.03.008

Cited by 100 publications

(69 citation statements)

References 25 publications

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“…In subsequent research we intend to produce empirical evidence to test the theoretical hypothesis formulated. This paper adds to the still incipient research on this model of behaviour and also to recent research on the determinants of the commercialisation strategy of small technologyintensive firms (Giuri and Luzzi, 2005;Hicks and Hedge, 2005;Novelli and Rao, 2007;Gans et al, 2002;Gambardella and Giarratana, 2007;Pries and Guild, 2007). Still, the fact that the focus of our research is on one particular set of technology-based companies -RBSOs -enables us to take into closer consideration the specific characteristics of these companies, which are not addressed in other research and which are likely to affect their strategic behaviour.…”

Section: Discussionmentioning

confidence: 81%

“…The option for trading in intellectual property assets -and particularly for doing it as the main business and not as a complementary or a transitory activity, while the core product or service is being developed -has been an exception, until recently (Teece, 2006). However, we observe an increase in the number of companies that adopt this strategic orientation (Chesbrough, 2006;Pries and Guild, 2007;Hicks and Hedge, 2005).…”

Section: Commercialisation Strategies Of Rbsosmentioning

confidence: 79%

“…Despite some recent interest in this phenomenon (Bekkers et al, 2006, Hicks andHedge, 2005;Kollmer and Dowling, 2004), the conditions that are behind the emergence of firms applying this strategy and that sustain their development are still relatively less understood, which makes them a relevant object of analysis. The particular case of RBSOs is even less explored: while some authors have described spin-offs' business models that fit within the technology trade strategy (e.g.…”

Section: Commercialisation Strategies Of Rbsosmentioning

confidence: 99%

“…For instance, Hicks and Hedge (2005) studied firms with "sustained technical relevance" (measured in terms of patent record) and found that small patent-based specialist suppliers that manage to survive and have long lasting success in the markets for technology, develop technology that is more general purpose, has a broader range of applications, has higher quality and is also more basic and closer to science. Similarly, Gambardella e Giarratana (2007), drawing on Bresnahan and Trajtenberg (1995) analysis of general-purpose technologies, concluded that the presence of those technologies favour technology trade, and thus that they are more likely to be licensed.…”

Section: "Technological Imperatives" and Their Impact On Firm Behaviourmentioning

confidence: 99%

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Research-based spin-offs targeting the market for technologies: a conceptual model

Fontes¹,

Conceição²,

Calapez³

2009

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Section: Discussionmentioning

confidence: 81%

Section: Commercialisation Strategies Of Rbsosmentioning

confidence: 79%

Section: Commercialisation Strategies Of Rbsosmentioning

confidence: 99%

Section: "Technological Imperatives" and Their Impact On Firm Behaviourmentioning

confidence: 99%

See 2 more Smart Citations

Research-based spin-offs targeting the market for technologies: a conceptual model

Fontes¹,

Conceição²,

Calapez³

2009

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“…To the end, I observe how technological distance changes from using the 4-digit patent class (subclass) to using the 3-digit patent class (class), and I generate TV based on the difference. The basic idea of TV is that because the 3-digit patent class includes broader technical areas than the 46 Hicks and Hegde (2005) argued that to be specialized suppliers with long lives, small firms should be "serial innovators." They use 15 patents as a threshold value for serial innovators.…”

Section: Technological Specialization and Varietymentioning

confidence: 99%

Accelerating the Transition of Technologies Created through the U.S. Department of Defense Small Business Innovation Research Program

Ryu

2017

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For more information on this publication, visit http://www.rand.org/pubs/rgs_dissertations/RGSD405.html Published by the RAND Corporation, Santa Monica, Calif. © Copyright 2017 RAND Corporation R® is a registered trademark Limited Print and Electronic Distribution RightsThis document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited. Permission is given to duplicate this document for personal use only, as long as it is unaltered and complete. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial use. For information on reprint and linking permissions, please visit www.rand.org/pubs/permissions.html.The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous. RAND is nonprofit, nonpartisan, and committed to the public interest. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.Support RAND Make a tax-deductible charitable contribution at www.rand.org/giving/contribute www.rand.org iii AbstractThe objective of this dissertation is to better understand the contextual effects on the success of the transition of technologies generated through the U.S. Department of Defense (DOD) Small Business Innovation Research (SBIR) program, and to pull out policy recommendations for facilitating the way the SBIR transitions technologies from abstract concepts to concrete engineering capabilities that the U.S. can use in its military systems. To that end, I explore how social (network), spatial (region), and industrial (technology) factors affect the SBIR's ability to do this. Specifically, I examine the contextual effects of network, regional, and industrial characteristics on the success of technology transition using various regression models. To incorporate multilevel factors, in particular, I employ hierarchical linear models with firm-and region/ industry-level variables related to state-level innovation capacity, anchor tenants, innovation brokers, technology life cycle, technology market, technological and network positions of SBIR awardees in relation to the DOD (including its research laboratories) and prime contractors.Findings of this dissertation include: small firms' larger SBIR awards, higher age, more cutting-edge technology or high-tech focus are more likely to lead to success in technology transition; small firms' higher technological distance (in particular, relative to prime contractors) and more central network position are more likely to facilitate technology transition; the number of defense labs in a state may matter in small firms' winning federal procurement contracts and improving their return on investment; the number of DOD mentors (i.e., large prime contractors who signed up for mentoring small busin...

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Explaining growth paths of young technology‐based firms: structuring resource portfolios in different competitive environments

Clarysse

Bruneel

Wright

2011

Strategic Entrepreneurship

134

101

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We explore how environmental contingencies determine the way resources are accumulated in young technology‐based firms and argue that growth paths are critically shaped at the nexus between resource management and the competitive environment, defined along its most important dimensions, ‘stability’ and ‘complexity.’ We also build propositions about the way environmental conditions affect resource portfolio development or acquisition. We show how particular high‐growth paths result from structuring resource portfolios in accordance with environmental demands and provide insights into why, based on six case studies of young technology‐based high‐growth firms, involving 27 interviews, 121 press releases, 605 press articles, and archival data. Copyright © 2011 Strategic Management Society.

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Highly innovative small firms in the markets for technology

Cited by 100 publications

References 25 publications

Research-based spin-offs targeting the market for technologies: a conceptual model

Research-based spin-offs targeting the market for technologies: a conceptual model

Accelerating the Transition of Technologies Created through the U.S. Department of Defense Small Business Innovation Research Program

Explaining growth paths of young technology‐based firms: structuring resource portfolios in different competitive environments

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