Abstract:The main objective we pretend to reach is to obtain a conclusive final definition and the characterisation of new technology-based firm (NTBF). This quest for an integrative and commonly recognised profile gains even more force when focused on its application within the field of social and economic empirical studies. Within the social and economic empirical research, the formulation of the definition and full profile becomes highly relevant, because we cannot gather data without previous identifying and conceptualising the object of the research. That is, as the own proximity to the data access impregnates and clarifies the proper definition, at some NTBF studies. This paper debates existing approaches as well as defines the key factors needed to delimitate the definition and the parameters of the NTBF.