| 1. |
- Rannikko, Heikki, et al.
(författare)
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Empirical exploration of a cohort of new technology-based firms in Sweden: what happens to them during their early years?
- 2018
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Ingår i: The Dynamics of Entrepreneurial Contexts: Frontiers in European Entrepreneurship Research. - : Edward Elgar Publishing. ; , s. 166-186
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Bokkapitel (övrigt vetenskapligt/konstnärligt)abstract
- This chapter contributes to the current understanding of new technologybased firm growth. We find a surprisingly high survival rate (70 per cent) for the 2006 cohort of NTBFs at the end of 2014 and this rate is much higher than those reported in previous studies. Additionally, we find that very few firms experience high-growth during their first seven years (0.6 to 3 per cent from the cohort) and that, among the high-growth firms, employment growth and sales growth are highly correlated. To address the challenges of measuring growth for new and small firms, we show the potential usefulness of the kink-point approach. Researchers can use this approach to capture much of the growth excluded in other measures, for example, the OECD measure.
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| 2. |
- Rydehell, Hanna, et al.
(författare)
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Novelty-oriented value propositions for new technology-based firms: Impact of business networks and growth orientation
- 2018
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Ingår i: Journal of High Technology Management Research. - : Elsevier BV. - 1047-8310. ; 29:2, s. 161-171
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Tidskriftsartikel (refereegranskat)abstract
- To perform, new technology-based firms (NTBFs) need to develop value for customers that distinguish them from others in the market. Therefore, the development of novelty-oriented value propositions are important, and may be influenced by several factors. We argue that the propensity to become more novelty-oriented can be influenced by an internal drive to grow (growth orientation) and by external contributions (business networks). Hence, the purpose of this paper is to analyse how business networks and growth orientation effects on the novelty orientation of NTBF value propositions. Based on survey data from 401 NTBFs founded between 2013 and 2015, in the nascent start-up phase novelty-oriented value propositions of NTBFs positively relate to informal (management) networks, as well as founders' attitudes towards growth. Thus, such networks and attitudes from founders should be supported in the very early phases of start-up if novelty orientation is to be preferred as a performance determinant.
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