Regulatory Focus in Start-ups versus Established Firms in the High-tech Industry

Author(s):  
Sharon Barkan
2017 ◽  
Vol 31 (3) ◽  
pp. 350-388 ◽  
Author(s):  
Steven Fraiberg

This study focuses on start-up entrepreneurs on the move—in coordination with an array of other actors—as they weave and are woven into transnational networks. Central to this study is a shift from activity to mobility systems. Building on technical communication scholarship, the frame integrates actor networks and activity theory knotworks. Disrupting workplace and national container models (methodological nationalism), the analysis is grounded in a study of Israeli start-up entrepreneurs. Dubbed the Start-Up Nation, Israel contains more start-ups per capita than any other country in the world, with its high-tech industry made up of a dense ecosystem of conferences, accelerators, meetups, social media, and coworking spaces. Tracing actants’ trajectories across this social field, the author argues for a conceptualization of entrepreneurs as knotworkers who mobilize genres, modes, languages, and spaces.


Significance This was on top of a record 3.2 billion dollars of new investment capital raised by such companies in the first half of the year. Start-up fundraising, a key metric of tech-industry health, has been growing steadily since 2012. However, that growth in part reflects worldwide trends toward higher valuations for tech companies; a growing preference by start-ups to delay public listings by funding growth through private capital and other investors (as well as traditional venture capital funds); and Israeli strengths in such growing sectors as cybersecurity, artificial intelligence and automobile-related technology. Impacts An industry contraction could help alleviate a shortage of skilled personnel, although a severe downturn would risk ‘brain drain’. Low technology-sector growth would deprive Israel of an important source of high-paid employment. Foreign investment, export earnings and tax revenue would all be harmed by an industry slowdown. Developing technology relations with emerging Asian powers could be weakened if the industry fails to grow and maintain innovation.


Author(s):  
Dan Breznitz

Across the world, cities and regions have wasted trillions of dollars blindly copying the Silicon Valley model of growth creation. We have lived with this system for decades, and the result is clear: a small number of regions and cities are at the top of the high-tech industry, but many more are fighting a losing battle to retain economic dynamism. But, as this books details, there are other models for innovation-based growth that don’t rely on a flourishing high-tech industry. Breznitz argues that the purveyors of the dominant ideas on innovation have a feeble understanding of the big picture on global production and innovation. They conflate innovation with invention and suffer from techno-fetishism. In their devotion to start-ups, they refuse to admit that the real obstacle to growth for most cities is the overwhelming power of the real hubs, which siphon up vast amounts of talent and money. Communities waste time, money, and energy pursuing this road to nowhere. Instead, Breznitz proposes that communities focus on where they fit within the four stages in the global production process. Success lies in understanding the changed structure of the global system of production and then using those insights to enable communities to recognize their own advantages, which in turn allows to them to foster surprising forms of specialized innovation. All localities have certain advantages relative to at least one stage of the global production process, and the trick is in recognizing it.


2007 ◽  
Vol 21 (2) ◽  
pp. 129-143 ◽  
Author(s):  
Yazid Abubakar ◽  
Jay Mitra

Most UK Regional Development Agencies (RDAs) have committed themselves to developing an Enterprise Strategy for their region. This commitment is mainly in response to the current Labour government's keenness to see enterprise and entrepreneurship at the centre of any economic development agenda. Pro-entrepreneurship policies have been embraced as a means of generating economic growth and diversity, ensuring competitive markets, helping the unemployed to create jobs for themselves, countering poverty and welfare dependency, encouraging labour market flexibility and drawing individuals out of informal economic activity. The regional dimension of economic regeneration has been influenced, in part, by increasing interest in the local ramifications of national innovation and entrepreneurship policies, and also by growing awareness of the local or regional phenomenon of enterprise creation and innovation. The authors examine the connection between R&D activities in universities and the creation of new businesses (in particular ICT firms), and especially the role that social capital plays in fostering these relationships or connections. Preliminary empirical analyses suggest the importance of university–high-tech industry social capital in generating technology based start-ups. The findings suggest a case for fostering ‘connectedness’ between research universities and high-technology firms in regions with interest in technology-based entrepreneurship.


2020 ◽  
Vol 19 (9) ◽  
pp. 1723-1735
Author(s):  
A.Yu. Pronin

Subject. The article investigates the program-targeted planning methodology, which is implemented in the Russian Federation and leading foreign countries, for high-tech industry development. Objectives. The aim is to identify the specifics of program-targeted planning for the development of high-tech industries, to shape programs and plans for innovative development in the Russian Federation and leading foreign countries. Methods. The study employs general scientific methods of systems analysis, including the statistical and logical analysis. Results. I reviewed methods of program-targeted planning, implemented by the world’s leading countries (the Russian Federation, United States of America, France, Great Britain, Netherlands, Norway, Japan, Canada), in the interests of the development of various high-tech sectors of the economy. The study established that the methodology of program-targeted management is an effective tool for resource allocation by various types of economic activities in accordance with national priorities. I developed proposals by priority areas for improving the methodology for program-targeted planning and management in the Russian Federation in modern economic conditions. Conclusions. The findings and presented proposals can be used to improve methods for program-targeted planning to develop high-tech sectors of the economy; to design various long-term programs and plans, reducing the risk of their implementation; to determine the ways and methods of sustainable socio-economic and innovative and technological development of the world's leading economies.


2008 ◽  
Author(s):  
Mirjam Knockaert ◽  
Andy Lockett ◽  
Deniz Ucbasaran
Keyword(s):  

Sign in / Sign up

Export Citation Format

Share Document