The climate change debate and economic recovery strategies in various industries demand transformational projects in clean technology. Transformation in this context refers to a nearly tenfold improvement in a key technical performance indicator that is typically conditioned upon making high...

Clean technology startups face multiple sources of uncertainty, and require specialized know-how and longer periods for revenue growth than their counterparts in other industries. These start-ups require large investments and have been hit hard during the current credit squeeze. On the other...

A dynamic view of the resource based theory (RBT) examines how a firm builds its resources over time, considering variations in resources' growth rates while the firm attempts to grow. Accordingly, we consider the elasticity of accumulated resources to assess conditions where these resources...

Whether to invest in process development that can reduce the unit cost and thereby raise future profits or to conserve cash and reduce the likelihood of bankruptcy is a key concern faced by many startups firms that have taken on debt. We explore this concern by examining the production quantity...