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International Journal of Technoentrepreneurship (2 papers in press)
Managerial roles in new technology-based firms (NTBFs): counteracting a technology-based approach by Antoni Olive-Tomas Abstract: New technology-based firms (NTBFs) are usually created by entrepreneurs with a technical or scientific background. They are highly skilled at a given technology but they may not have any business experience. Nonetheless, these firms need a balance between technical and managerial skills in order to succeed. Most technology entrepreneurs focus on perfecting a particular technology rather than on the market and customer preferences, which worsens the problem. They often have a technology push view of innovation. There is abundant literature on start-up knowledge and on the managerial skills required of entrepreneurs. However, little attention is paid to the influence of managers in the technology push view of innovation in NTBFs. This research is devoted to exploring this gap. The case study was chosen as the research methodology. Three Spanish NTBFs from the healthcare and the ceramic hard coatings industries were studied. It was concluded that the main role of managers in NTBFs consists in adopting a market orientation, limiting exploration, and ensuring employees have the necessary skills and accomplish their functions. Managers need to partner with experts and make sure investors understand the firms business model. Keywords: NTBF; technical skills; managerial skills; market pull; technology push.
Linking Entrepreneurship, Innovation and Economic Growth: Evidence from GEM Countries by Saurabh Chadha, Nirankush Dutta Abstract: Using a simple least squares regression model though analysis of cross-sectional data of the 65 world economies participating in Global Entrepreneurship Monitor (GEM) 2016, this paper explores the role of entrepreneurship, technological innovation, entrepreneurship finance and physical infrastructure as indicators of economic growth. It was empirically found that total entrepreneurial activity, technological innovation, entrepreneurial finance and physical infrastructure are statistically significant and positively correlated with the economic growth rate of the selected GEM countries in 2016. Keywords: GDP; Economic Growth; Innovation; Entrepreneurship; Infrastructure; GEM.