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The Internationalisation of Young High-Tech Firms : An Empirical Analysis in Germany and the United Kingdom - O. Burgel

The Internationalisation of Young High-Tech Firms

An Empirical Analysis in Germany and the United Kingdom

Paperback Published: 31st October 2003
ISBN: 9783790801200
Number Of Pages: 292

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There is now a certain tradition of Anglo-German comparative research on new technology-based firms (NTBFs). Two of the most influential studies in this area have both been sponsored by the Anglo-German Foundation for the Study of In­ dustrial Society (AGF). Starting in 1977, the first AGF project on NTBFs, which was carried out by the consultancy firm Arthur D. Little, has been one ofthe most important early contributions in this field (Little 1977). This report was the first public document to use the term 'new technology-based firm' and to provide a definition, which despite its operational limitations subsequently became an es­ tablished term in the literature. More importantly, this study represented one ofthe first serious attempts to survey the existing stock of this type of firm. The report was critical of the contemporary situation in Europe. (This is a policy area which continues to be hotly debated, see European Commission 1995, Bank of England 1996 and HM Treasury 1998. ) It emphasised that, in comparison with the USA, Germany and the UK were each lagging behind if judged by the rate of formation of NTBFs and in their total contribution to the overall economic activity of both countries. In terms of a policy contribution, this study was instrumental in high­ lighting the lack ofsupport infrastructures for the genesis and growth of high-tech start-ups in two of Europe's leading economies.

Introduction
Theoretical Background and the Operationalisation of the Hypotheses.
Description of Methodology.
Descriptive Analysis of the Data Set.
Differences Between Internationalisers and Non-Internationalisers.
The Degree of Internationalisation.
The Timing of Entry into International Markets.
Market Entries: Target Country and Entry Mode.
Firm Performance and Early Internationalisation.
Results of the British and German Case Studies.
Summary and Conclusions.
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9783790801200
ISBN-10: 3790801208
Series: Zew Economic Studies
Audience: General
Format: Paperback
Language: English
Number Of Pages: 292
Published: 31st October 2003
Publisher: Springer-Verlag Berlin and Heidelberg Gmbh & Co. Kg
Country of Publication: DE
Dimensions (cm): 23.39 x 15.6  x 1.6
Weight (kg): 0.42