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The Determinants of Firm Growth in High-Technology Industries. An Empirical Analysis of Spatial, Relational and Institutional Factors in the German Biotechnology Industry - Brossura
The formation and growth of high-technology firms is widely regarded as a critical source of competitive advantage for advanced economies. These science and technology-based ventures give rise to important technological innovations opening up new industry segments and challenging existing technological paradigms thus making an important contribution to macroeconomic growth. While the importance of high-technology firms for technological progress and economic growth in knowledge-based economies is well-documented, the determinants that shape the growth of these businesses remain unclear. In particular, firm growth has often been examined in isolation of the network interactions as well as the regional and institutional environment in which firms are embedded. This study integrates organizational, spatial, relational and institutional determinants in the examination of firm growth in the German biotechnology industry using multilevel regression modeling as well as quantitative and qualitative network analysis. The main results of this study indicate that alongside firm-internal factors, various external factors including network structure and adaptability, the regional economic context and the state of the institutional environment simultaneously affect firm growth. The findings provided in this study thus suggest that an integrative, multidimensional perspective provides a more complete understanding of the complex phenomenon of firm growth.
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- EditoreVerlag Dr. Kovac
- Data di pubblicazione2015
- ISBN 10 3830086792
- ISBN 13 9783830086796
- RilegaturaPaperback
- Numero edizione1
- Numero di pagine278
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The Determinants of Firm Growth in High-Technology Industries, An Empirical Analysis of Spatial, Relational and Institutional Factors in the German Biotechnology Industry
Editore:
Verlag Dr. Kovac, Hamburg
(2015)
ISBN 10: 3830086792
ISBN 13: 9783830086796
Nuovo
Softcover
Prima edizione
Quantità: 5
Da:
Valutazione libreria
Descrizione libro Softcover. Condizione: neu. 1. Auflage. - in englischer Sprache - Schriftenreihe innovative betriebswirtschaftliche Forschung und Praxis, Band 443 278 pages. The formation and growth of high-technology firms is widely regarded as a critical source of competitive advantage for advanced economies. These science and technology-based ventures give rise to important technological innovations opening up new industry segments and challenging existing technological paradigms thus making an important contribution to macroeconomic growth. While the importance of high-technology firms for technological progress and economic growth in knowledge-based economies is well-documented, the determinants that shape the growth of these businesses remain unclear. In particular, firm growth has often been examined in isolation of the network interactions as well as the regional and institutional environment in which firms are embedded. This study integrates organizational, spatial, relational and institutional determinants in the examination of firm growth in the German biotechnology industry using multilevel regression modeling as well as quantitative and qualitative network analysis. The main results of this study indicate that alongside firm-internal factors, various external factors including network structure and adaptability, the regional economic context and the state of the institutional environment simultaneously affect firm growth. The findings provided in this study thus suggest that an integrative, multidimensional perspective provides a more complete understanding of the complex phenomenon of firm growth. Codice articolo x8679
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