Exploration and Exploitation in High-technology Start-ups: A Process Model for New Firm Development

2013 ◽  
Author(s):  
Björn Klocke ◽  
Hans Georg Gemünden
Keyword(s):  
Process Model ◽  
High Technology ◽  
Exploration And Exploitation ◽  
New Firm ◽  
Start Ups ◽  
Firm Development

EAST ASIAN FINANCIAL SYSTEMS AND THE TRANSITION FROM INVESTMENT-DRIVEN TO INNOVATION-DRIVEN ECONOMIC DEVELOPMENT

2000 ◽  
Vol 04 (03) ◽  
pp. 253-276 ◽  
Author(s):  
MICHAEL CARNEY ◽  
ERIC GEDAJLOVIC
Keyword(s):  
Information Technology ◽  
East Asian ◽  
Value Added ◽  
High Growth ◽  
High Technology ◽  
Financial Systems ◽  
Economic Sectors ◽  
Financial Infrastructure ◽  
Technology Initiatives ◽  
Start Ups

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.

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):  
High Technology ◽  
Start Ups

scholarly journals Practicing identity in emergent firms: How practices shape founders’ organizational identity claims

2019 ◽  
Vol 18 (1) ◽  
pp. 75-105
Author(s):  
David Oliver ◽  
Heather C Vough
Keyword(s):  
Decision Making ◽  
Organizational Identity ◽  
Process Model ◽  
De Novo ◽  
Identity Work ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Identity Change ◽  
Important Concern ◽  
New Firm

Establishing a new firm presents a variety of challenges to organizational founders. An important concern is the development of a set of clear and coherent organizational identity claims that can inform future strategic decision-making. While practices have been identified as important resources that individuals draw on during organizational identity change and formation, their role in initiating shifts in organizational identity claims has not been examined. In this longitudinal study of seven de novo organizations, we develop a process model showing how practices engaged in by founders when establishing their firms cue sensemaking about the organization’s identity by identifying identity voids, generating identity insights through interactions with outsiders, and identifying identity discrepancies through interactions with insiders. Founders interpret these sensemaking triggers as either opportunities or threats to their identity aspirations for their firms, leading to organizational identity work that generates new identity claims. We discuss implications of our model for scholars of organizational identity emergence and practice, as well as for founders of new organizations.

A Process Model of Talent Management in Structurally Ambidextrous Organisations

2019 ◽  
Vol 12 (2) ◽  
pp. 135-144
Author(s):  
Romana Gulshani
Keyword(s):  
Process Model ◽  
Talent Management ◽  
Previous Literature ◽  
Exploration And Exploitation ◽  
Sustainable Advantage ◽  
Research Questions

In complex, volatile and unstable environments, organisations aim to effectively develop and retain their key talent to achieve sustainable advantage. Specifically, in the case of ambidextrous organisations which balance tension between exploration and exploitation, talent management (TM) becomes critical. Continuing this stream of thought, the current study explores central questions associated with the role of TM in an ambidextrous organisation. Previous literature does not address the question of how TM facilitates ambidextrous learning in organisations. This conceptual article attempts to address the gap by suggesting a process model of TM in structurally ambidextrous organisations. The process model is explored further to arrive at some key research questions. The article also discusses implications of the research for practitioners.

Technological Disruptions, GVCs, and Industrial Policy

2020 ◽  
pp. 484-504
Author(s):  
David Bailey ◽  
Lisa De Propris
Keyword(s):  
Industrial Policy ◽  
New Technologies ◽  
High Technology ◽  
Value Chains ◽  
Innovation Activities ◽  
Advanced Economies ◽  
Start Ups ◽  
The Impact ◽  
Technology Industries ◽  
High Technology Industries

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.

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