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The Internationalisation of Young High-Tech Firms - An Empirical Analysis in Germany and the United Kingdom (Paperback, Softcover reprint of the original 1st ed. 2004)
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The Internationalisation of Young High-Tech Firms - An Empirical Analysis in Germany and the United Kingdom (Paperback, Softcover reprint of the original 1st ed. 2004)
Series: ZEW Economic Studies, 22
Expected to ship within 10 - 15 working days
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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."
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