A Typology of International New Ventures: Empirical Evidence from High-Technology Industries

2011 ◽  
Vol 49 (3) ◽  
pp. 305-330 ◽  
Author(s):  
Matthias Baum ◽  
Christian Schwens ◽  
Rüdiger Kabst
Keyword(s):  
Empirical Evidence ◽  
New Ventures ◽  
High Technology ◽  
International New Ventures ◽  
Technology Industries ◽  
High Technology Industries

Industry life cycle, geographic diversification and performance of international new ventures

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nitin Pangarkar ◽  
Lin Yuan
Keyword(s):  
Life Cycle ◽  
New Ventures ◽  
High Technology ◽  
International New Ventures ◽  
Geographic Diversification ◽  
Content Type ◽  
Industry Life Cycle ◽  
And Performance ◽  
The Impact ◽  
Technology Industries

Purpose The purpose of this paper is to examine how geographic diversification affects the performance of international new ventures. Design/methodology/approach This study develops hypotheses about the individual and joint effects of geographic diversification and industry life cycle on the performance of international new ventures. This paper also introduces industry technology characteristics as a contingent factor for the above relationships and tests the hypotheses on a large panel data set. Findings Based on the analyses of the strategies and performance of 699 listed Chinese international new ventures between 1991 and 2014, this study finds that the impact of geographic diversification on performance is contingent on the stage of the industry life cycle and that the moderating effect differs across high-technology and low-technology industries. The results suggest that it is fruitful for international new ventures in high-technology industries to undertake geographic diversification in earlier stages of the industry life cycle, but international new ventures in low-technology industries are better off undertaking geographic diversification during the later stages of the industry life cycle. Originality/value The study contributes to the literature on international entrepreneurship by identifying the industry life cycle conditions under which the learning advantages of international new ventures are effective and facilitate the achievement of better performance. This paper also shows that industry technology type matters for geographic diversification strategies of international new ventures.

A Benchmarking Study on Organizational Creativity Practices in High Technology Industries

2011 ◽  
pp. 1-25
Author(s):  
Fernando Sousa ◽  
Ileana Monteiro
Keyword(s):  
Workforce Development ◽  
Service Sector ◽  
High Technology ◽  
Creative People ◽  
Organizational Creativity ◽  
Corporate Innovation ◽  
Budget Reductions ◽  
Technology Industries ◽  
High Technology Industries ◽  
Innovation Policies

Twenty two interviews were conducted with top management in these organizations. The interviews were made by telephone addressing specific strategies in three domains: creative management, creative people management, and creativity management. Results indicate that high technology organizations, dependent upon financial support, do not seem to concentrate on corporate innovation, and do not have alternatives to budget reductions made in R&D, due to the present financial crisis, in order to innovate. The remaining companies provided several suggestions as to the way corporate innovation systems can be built and sustained within the framework of the future European innovation policies, devoted to workforce development, the service sector and the SMEs.

scholarly journals The Impact of Experience on Private Target Acquisition in High-Technology Industries

2019 ◽  
Vol 11 (6) ◽  
pp. 1603 ◽  
Author(s):  
Yuri Jo ◽  
Jungho Kim
Keyword(s):  
Mergers And Acquisitions ◽  
Information Asymmetry ◽  
Value Creation ◽  
High Technology ◽  
Target Acquisition ◽  
Listed Firms ◽  
Positive Effects ◽  
The Impact ◽  
Technology Industries ◽  
High Technology Industries

This paper investigates the impact of an acquirer’s experience on the acquisition of private firms (i.e., private target acquisition) in high-technology industries by analyzing a dataset of NASDAQ-listed firms operating in information technology (IT) industries. Specifically, this paper examines whether two types of experience (i.e., early venture capital (VC)-backed experience and prior mergers and acquisitions (M&A) experience) matter to the acquisition. We find that both types of experience have positive effects on private target acquisition, while only prior M&A experience positively influences public target acquisition, implying that early VC-backed experience is effective in mitigating information asymmetry related to private target acquisition and exploring opportunities for value creation. We also find that an acquirer’s growth performance and absorptive capacity prior to the acquisition enhance the positive effects of the experiences on private target acquisition.

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