Entrepreneurs in High Technology: Lessons from MIT and Beyond

By Edward B. Roberts | Go to book overview

Prospective entrepreneurs who value the potential benefits of transferred technology must heed the importance of extensive participation in advanced development projects as the most likely seed beds of their firms. When combined with a sensitivity to market opportunities to exploit the technology, the entrepreneurial candidate should be able to move the technology rapidly into commercial application, avoiding the eroding effects of delay.

It is critical to point out in closing this chapter that few of the entrepreneurs left their sources with a product that had actually been developed at work. The technology transferred is advanced knowledge that they had learned and then applied in the creation of their new enterprises. The effect of this technology transfer on the success of the new firm is discussed in Chapter 9.


References

A. C. Cooper. "Contrasts in the Role of Incubator Organizations in the Founding of Growth-oriented Firms", in J. A. Hornaday et al. (editors), Frontiers ofentrepreneurship Research, 1984 (Wellesley, MA: Babson College, 1984), 159-174.

A. C. Cooper & A. V. Bruno. "Success among High-Technology Firms", Business Horizons, April 1977, 16-22.

Jerome Doutriaux. "Evolution of the Characteristics of (High-Tech) Entrepreneurial Firms", in J. A. Hornaday et al. (editors), Frontiers of Entrepreneurship Research, 1984 (Wellesley, MA: Babson College, 1984), 368-386.

The Economist. "The New Entrepreneurs", December 24, 1983, 61-73.

H. R. Feeser & G. E. Willard. "Founding Strategy and Performance: A Comparison of High and Low Growth High Tech Firms", Stratoc Management Journal, 11 ( 1990), 87-98.

Marc H. Meyer& Edward B. Roberts. "Focusing Product Technology for Corporate Growth", Sloan Management Review, 29 ( 1988), 7-16.

F. J. Olleros. "Emerging Industries and the Burnout of Pioneers", Joumal of product Innovation Management, 3, 1 ( 1986), 5-18.

Edward B. Roberts. "Entrepreneurship and Technology: A Basic Study of Innovators", Research Management 11, 4 ( July, 1968), 249-266.

Edward B. Roberts & Oscar Hauptman. "The Process of Technology Transfer to the New Biomedical and Pharmaceutical Firm", Research Policy, 15 ( 1986), 107-119.

Chalmers W. Sherwin & Raymond S. Isenson. "Project Hindsight", Science, 156, 23 ( June 1967),1571-1577.

R. W. Smilor & M. D. Gill Jr. The New Business Incubator( Lexington, MA: Lexington Books, 1986).

Eric von Hippel. Sources of Innovation ( New York: Oxford University Press, 1988).

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Entrepreneurs in High Technology: Lessons from MIT and Beyond
Table of contents

Table of contents

  • Title Page iii
  • Preface vii
  • Acknowledgments ix
  • Contents xi
  • Chapter 1 High-Technology Entrepreneurs 3
  • References 30
  • Chapter 2 an Environment for Entrepreneurs 31
  • References 45
  • Chapter 3 the Makings of an Entrepreneur 47
  • Summary and Implications 94
  • Notes 96
  • References 97
  • Chapter 4 the Technological Base of the New Enterprise 100
  • Summary and Implications 121
  • References 123
  • Chapter 5 the Financial Base of the New Enterprise 124
  • Summary and Implications 156
  • Chapter 6 Evolving Toward Product and Market-Orientation 160
  • Notes 186
  • References 186
  • Chapter 7 Finding Additional Financing 188
  • References 215
  • Chapter 8 Going Public 217
  • Summary and Implications: Sizzle or Steak 242
  • References 244
  • Chapter 9 Survival Versus Success 245
  • Chapter 10 Product Strategy and Corporate Success 281
  • Notes 306
  • References 308
  • Chapter 11 Super-Success 309
  • Notes 336
  • References 338
  • Chapter 12 Technological Entrepreneurship: Birth, Growth, and Success 339
  • References 358
  • Appendix a Quarter Century of Research 359
  • References 375
  • Index of Founders and Firms 377
  • Subject Index 381
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