Technology-oriented new ventures and entry timing Online publication date: Fri, 12-Apr-2013
by Maria Jose Ruiz-Ortega, Pedro Manuel Garcia-Villaverde
International Journal of Technology Management (IJTM), Vol. 52, No. 1/2, 2010
Abstract: In this paper, we develop an empirical study on the factors that influence entry timing for technology-oriented new ventures. In this sense, we analyse a sample of 104 new ventures of a high technology industry, the Information and Communications Technology sector in Spain. We demonstrate that in highly hostile environments, the availability of marketing capabilities will encourage a pioneer behaviour by technology-oriented new ventures. By contrast, the availability of managerial and technical capabilities will encourage technology-oriented new ventures to develop a follower behaviour. Furthermore, we have demonstrated that when the level of imitation in the environment is high, the availability of managerial capabilities will encourage technology-oriented new ventures to develop a pioneer behaviour. With regard to the implications for managers, we consider that new ventures' managers must evaluate whether their firms have the suitable capabilities to take advantage of first mover advantages, given unfavourable environmental conditions.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Technology Management (IJTM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook