The encouragement of the birth and growth of high technology small
firms is a major goal of both national and regional government
planning agencies. However, while there is broad agreement on the
increasing value of this type of small firm to future industrial
expansion beyond the year 2000, there is little hard evidence on
which to base measures to encourage the rate of new firm formation
and subsequent growth. This book aids policy prescription by
providing a detailed study of regional variations in the management
of innovation in high technology small firms. The empirical
research considers all the major management factors that are inputs
to the innovation process through a time-series study of innovation
in British and American high technology small firms. In conclusion,
results of this study form the basis of a radical new policy
approach to the promotion of growth in high technology small firms.
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