Small, young life science ventures are simultaneously affected by strong global and local forces. These are reflected in the strategic orientations - like market orientation, entrepreneurial orientation, and technological orientation - adopted by the ventures. This chapter presents a comparison...

Enterprising a startup business is depending on the personal experiences of investors and their social relationships with all stockholders. Startup entrepreneurs are typically involved in the qualitative evaluations of their business counterparts operating in the market. However, startup...

The degree to which a firm's performance is dependent on its resources and strategies is widely debated in the literature. We examine this issue by analyzing historical data on the entire population of new independent firms started worldwide in the semiconductor silicon industry for the first 50...

The global strategies of high-tech startups fall into two types. One is characteristic of knowledge-based firms; the other is characteristic of knowledge-intensive firms. We present two propositions related to timing of globalization and resource acquisition for each type and examine four case...

Knowledge management is widely recognized as an important managerial practice that has some positive implications on organizational sustainable competitive advantage. A plenty of studies indicated an importance of consideration of the knowledge management at the strategic level (Hansen et al., 1999;...

Background: Technology-based entrepreneurial businesses (TBEBs) have been identified as major contributors to economic growth and job creation in most global economies. Aim: The objective of this study was to empirically test the relationships between structured and unstructured networks and...

This paper aims at exploring the influences of effectuation and causation on opportunity exploitation in high-tech new ventures and the mediating role of entrepreneurial capability by integrating effectuation theory and a perspective of entrepreneurial capability. The data was collected from...