Success among high-technology firms

Cooper, Arnold C.; Bruno, Albert V.

doi:10.1016/0007-6813(77)90096-9

Cited by 327 publications

(188 citation statements)

References 1 publication

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“…Entrepreneurs as catalysts of spells of new venture activity have been scrutinized over the past decades. Their success producing qualities include personality attributes such as entrepreneurial spirit and attitude, general human capital, industry and firm specific experiences and learning from previous start-up experience (e.g., Cooper and Bruno, 1977;Kazanjian, 1988;Miller, 1983;Mintzberg and Waters, 1987;Van de Ven, Hudson, and Schroder, 1984). The founder's attributes are among the most central resources of business ventures (Dollinger, 1995;Chandler and Hanks, 1994).…”

Section: Internal Capabilities and Organizational Performancementioning

confidence: 99%

Internal capabilities, external networks, and performance: a study on technology‐based ventures

Choonwoo

Lee

Pennings

2001

Strategic Management Journal

1,515

1,110

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This study examined the influence of internal capabilities and external networks on firm performance by using data from 137 Korean technological start-up companies. Internal capabilities were operationalized by entrepreneurial orientation, technological capabilities, and financial resources invested during the development period. External networks were captured by partnership-and sponsorship-based linkages. Partnership-based linkages were measured by strategic alliances with other enterprises and venture capitalists, collaboration with universities or research institutes, and participation in venture associations. Sponsorshipbased linkages consisted of financial and nonfinancial support from commercial banks and the Korean government. Sales growth indicated the start-up's performance. Regression results showed that the three indicators of internal capabilities are important predictors of a start-up's performance. Among external networks, only the linkages to venture capital companies predicted the start-up's performance. Several interaction terms between internal capabilities and partnership-based linkages have a statistically significant influence on performance. Sponsorship-based linkages do not have individual effects on performance but linkage with financial institutions has a multiplicative effect with technological capabilities and financial resources invested on a start-up's performance. Implications and directions for future research were discussed. ABSTRACTThis study examined the influence of internal capabilities and organizational linkages to external entities on firm performance by using data from 143 Korean business ventures.

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Section: Internal Capabilities and Organizational Performancementioning

confidence: 99%

Internal capabilities, external networks, and performance: a study on technology‐based ventures

Choonwoo

Lee

Pennings

2001

Strategic Management Journal

1,515

1,110

View full text Add to dashboard Cite

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“…Another branch of literature examines the effect of team versus individual effort on entrepreneurial firm growth (Cooper and Daily, 1997;Davidsson et al, 2006;Janssen, 2003;Vesper, 1990), with a common finding that teams outperform solo entrepreneurs (Cooper and bruno, 1977;Cooper and Gimeno, 1992). Entrepreneurial teams can access a greater pool of resources, various skills, and network connections which may be synergistic and are vital to growing firms.…”

Section: Firm: Demographics and Strategymentioning

confidence: 99%

Dice Thrown From the Beginning?: An Empirical Investigation of Determinants of Firm Level Growth Expectations

Terjesen

Szerb

2008

Estudios de Economía

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“…Similarly, the role of prior business experience in successful technical entrepreneurship is examined in Cooper (1970) and Cooper and Bruno (1977). Roberts (1968) In his latest works Cooper (1984Cooper ( , 1984a A schema for identifying levels of newness in the market application dimension of Exhibit 1 has been adapted from the competitive structure model of Urban, Johnson, and Brudnick (1979).…”

Section: Research Background Building Blocks In the Literaturementioning

confidence: 99%

New Product Strategy in Small Technology-Based Firms: A Pilot Study

1986

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A pilot test is reported on a method for relating the degree of "newness" within a firm's portfolio of products and the firm's economic success. The embodied technology and market applications newness is measured in the sequences of 79 products developed and released by a sample of 10 small technology-based companies, each under $50 million in most recent sales. A two-dimensional "technology newness/market newness" grid is prepared for the product set of each firm, based on the conditions existent at the time of each product's development. Alternative weighting schemes are used to generate a "newness index" for each firm. The degree of "strategic focus" is shown to relate directly to corporate growth in that small firms with more restricted degrees of technological and market change in their successive products outperform companies with wide diversity. The evidence suggests, however, that some product "newness" is better than no "newness," and that more technological change can be effectively employed in small company product strategy than market change.innovation and entrepreneurship, research and development, industries: electronic/computer

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Success among high-technology firms

Cited by 327 publications

References 1 publication

Internal capabilities, external networks, and performance: a study on technology‐based ventures

Internal capabilities, external networks, and performance: a study on technology‐based ventures

Dice Thrown From the Beginning?: An Empirical Investigation of Determinants of Firm Level Growth Expectations

New Product Strategy in Small Technology-Based Firms: A Pilot Study

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