Challenging the incumbents: How high technology start-ups compete globally

1992 ◽  
Vol 1 (2) ◽  
pp. 71-82 ◽  
Author(s):  
Vijay K. Jolly ◽  
Matti Alahuhta ◽  
Jean-Pierre Jeannet
Keyword(s):  
2000 ◽  
Vol 04 (03) ◽  
pp. 253-276 ◽  
Author(s):  
MICHAEL CARNEY ◽  
ERIC GEDAJLOVIC

Many of today's high growth and high value-added businesses are concentrated in the knowledge- and innovation-based industries of information technology, telecommunications, biotechnology, media, software and entertainment. Though the governments of Hong Kong, Singapore & Taiwan (Asian NIEs) have invested heavily in promoting these sectors, they have largely failed to produce internationally competitive firms. We argue that government-led initiatives that were appropriate for economies in the investment-driven stage of industrialisation need to be reformed. As some economic sectors approach the technology frontier, diverse financing arrangements are needed to direct capital to high technology start-ups. To complement existing government-related technology initiatives, a more varied financial infrastructure must be developed.


Author(s):  
David Bailey ◽  
Lisa De Propris

This chapter examines the impact of technological change on global value chains (GVCs) and what initiatives and instruments governments in advanced economies can deploy to support firms and people during the transition. Drawing on an emerging debate on de-globalization, we discuss how global production is slowly shifting from being organized in GVCs to continental platforms with shorter and geographically closer relationships as firms seek to co-locate manufacturing and innovation activities. This offers regions and places the opportunity to upgrade and transform their economies and thereby to anchor high-technology industries, leveraging industrial legacy with frontier technologies. We will discuss the implications for a transformative place-based industrial policy that aims to connect embedded industries to new technologies; to repopulate embedded industries with new firms and start-ups, and to use regulation and procurement to create new markets and allow exploration.


Author(s):  
Phil Crosby

Success in mega-projects is frequently discussed among project theoreticians and practitioners. This research focuses on high-technology projects and draws on recent literature and fieldwork at ten contemporary mega-science projects in Chile, Australia, and Europe. This study concludes that project success is not random, and early adoption of certain approaches, activities, and launch conditions will position a project for success and resilience. Nine resilience factors (beyond a priori programmatical artefacts) are grouped into three ‘attitudinal’ factors, and six ‘conditioning’ factors and then examined in detail against three case study projects. The study’s conclusion show that attitudinal factors remain a challenge, especially within institutional type high-tech projects, and launch conditioning shows mixed levels of application. Through the nine factors, this paper offers newly consolidated insights for high-tech project start-ups and presents the case for co-application of contingency funding and ‘proto’ task forces in response to unknown risks, and advocates the establishment of more formal information ‘traffic’ management through an empowered centralised project information office.


Author(s):  
Mehmet Erçek ◽  
Mesut Sarıtemur

This study attempts to analyze the dynamic impact of the entrepreneurial network at early stages of high technology start-ups, namely conception, gestation and infancy phases, located at a university based incubator. Empirical results show that, in different stages of a new enterprise, the use of formal or informal components of entrepreneurial network imposes distinctive impacts on performance of the start-ups. Prior ties that helped start-ups to acquire critical resources and capabilities proved to be dysfunctional in the latter stages. Conversely, weak or insignificant ties that were created in earlier periods provided start-ups with critical resources or capabilities for growth and survival. Consequently, results revealed that the formal efforts of incubator to facilitate such networks, such as mentoring activities, organized events and provision of access to local and international organizations, positively influenced start-up survival and growth.


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