Issues involved in founding and building technological firms via a series of short personalized histories of several entrepreneurs, including both success and failure. Preview of the book.
Influences of the Greater Boston and especially the MIT environment on the formation of new companies.
A synopsis of the classical writings on entrepreneurship, providing the base for presentation of extensive analyses on the family background, education, age, and work experience of several hundred technological entrepreneurs.
The extent of dependence of initial company technology on MIT labs and academic departments and other entrepreneurial source organizations. Factors affecting technology transfer to the new firm.
The stages of growth and development of the technological firm, the associated capital requirements, and the likelihood of various types of investors to provide funding. Research analyses of the sources and determinants of initial capital funding of the high-technology company.
Signs and causes of transformation of the technology-based firm during its first few years of existence. Indications of the movement toward products, and away from consulting and contract R&D, and toward a market orientation.
The extent of and influences on subsequent financing of the young firm, including the role of business plans and the decision-making processes of venture capital organizations.