%0 Generic %1 086c6427b35e4101a258575dee529f10 %A Giones, Ferran %A Gurses, Kerem %D 2017 %K Innovation, Market entrepreneurship, entry strategy technology %T The Consequences of Commercialization Choices for New Entrants in High-Tech Industries: A Venture Emergence Perspective %U https://www.strategicmanagement.net/houston/overview/overview %X In this paper, we study the commercialization choices of new firms entering in high-tech industries. Research on technology commercialization differentiates between the market for products and the market for ideas. We explore the determinants and consequences of the commercialization choice for these different markets. We test our hypotheses on longitudinal dataset of 453 new firms started in 2004 in different high-tech industries in the US. We find that that technology and human capital resources favor the adoption of alternative commercialization strategies; nevertheless, we do not observe significant differences in the venture emergence or survival likelihood. Our findings offer a closer view of the venture emergence process of new firms, clarifying the causes and consequences of the technology commercialization choices.

@conference{086c6427b35e4101a258575dee529f10, abstract = {In this paper, we study the commercialization choices of new firms entering in high-tech industries. Research on technology commercialization differentiates between the market for products and the market for ideas. We explore the determinants and consequences of the commercialization choice for these different markets. We test our hypotheses on longitudinal dataset of 453 new firms started in 2004 in different high-tech industries in the US. We find that that technology and human capital resources favor the adoption of alternative commercialization strategies; nevertheless, we do not observe significant differences in the venture emergence or survival likelihood. Our findings offer a closer view of the venture emergence process of new firms, clarifying the causes and consequences of the technology commercialization choices.}, added-at = {2024-07-02T11:28:25.000+0200}, author = {Giones, Ferran and Gurses, Kerem}, biburl = {https://puma.ub.uni-stuttgart.de/bibtex/245f0a6855e0108194213c5c6a1f54da7/ferrangiones}, day = 29, interhash = {8f81d617081a2152f88ab578c89e6266}, intrahash = {45f0a6855e0108194213c5c6a1f54da7}, keywords = {Innovation, Market entrepreneurship, entry strategy technology}, language = {English}, month = oct, note = {37th Annual Strategic Management Society Annual Conference : Unconventional Strategies for Emerging Complexity and Intensifying Diversity, SMS ; Conference date: 28-10-2017 Through 31-10-2017}, timestamp = {2024-07-02T11:28:25.000+0200}, title = {The Consequences of Commercialization Choices for New Entrants in High-Tech Industries: A Venture Emergence Perspective}, url = {https://www.strategicmanagement.net/houston/overview/overview}, year = 2017 }