Survival of New Technology Based Firms in the UK and Germany

Babson College Entrepreneurship Research Conference (BCERC) 2006

Frontiers of Entrepreneurship Research 2006

11 Pages Posted: 10 Feb 2009 Last revised: 29 Sep 2013

See all articles by Marc Cowling

Marc Cowling

University of Sussex - Institute for Employment Studies

Helmut Fryges

Technopolis Group; University of Tasmania - Australian Innovation Research Centre; Center for European Economic Research (ZEW)

Georg Licht

Center for European Economic Research (ZEW)

Gordon C. Murray

University of Exeter Business School

Date Written: January 21, 2009

Abstract

Thanks to the efforts of researchers including McDougall and Oviatt (1994), Autio, Sapienza and Almeida (2000), Zahra, Ireland and Hitt (2000), Yli-Renko, Autio and Tontti (2002), B¿rgel, Fier, Licht and Murray (2004) and Sapienza, Autio, George and Zahra (2006), a set of more challenging questions are now being asked given that the phenomenon of rapidly internationalising new ventures is now fully recognised. When it is appreciated that work specifically focused on rapidly internationalising young firms was rarely published prior to the mid 1990s, we have in effect had little more than a single decade of research interest. Thus, it is hardly surprising that the overwhelming majority of studies are cross-sectional in perspective. Recognising this limitation, Sapienza et al. (2006) have called for both longitudinal studies as well as more 'matched sample' methodologies that will allow us to explore the effect of internationalisation on (among other things) firm survival. They also note the absence of information on the effect of internationalisation on growth and profitability. Zahra et al. (2000) similarly argue the need to match the process of internationalisation to recognised performance outcomes.

Keywords: Entrepreneurship

JEL Classification: M13

Suggested Citation

Cowling, Marc and Fryges, Helmut and Licht, Georg and Murray, Gordon C., Survival of New Technology Based Firms in the UK and Germany (January 21, 2009). Babson College Entrepreneurship Research Conference (BCERC) 2006; Frontiers of Entrepreneurship Research 2006. Available at SSRN: https://ssrn.com/abstract=1331047

Marc Cowling (Contact Author)

University of Sussex - Institute for Employment Studies ( email )

Sussex House
Falmer
Brighton, Sussex BNI 9RH
United Kingdom

Helmut Fryges

Technopolis Group ( email )

Grosse Seestraße 26
Frankfurt am Main, 60384
Germany

University of Tasmania - Australian Innovation Research Centre ( email )

1 College Road
Sandy Bay TAS, Tasmania 7005
Australia

HOME PAGE: http://www.utas.edu.au/airc

Center for European Economic Research (ZEW) ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany

Georg Licht

Center for European Economic Research (ZEW) ( email )

P.O. Box 10 34 43
L 7,1 D-68161 Mannheim
Germany

Gordon C. Murray

University of Exeter Business School ( email )

Streatham Court
Rennes Drive
Exeter EX4 4PU
United Kingdom
+44 777 522 0857 (Phone)

HOME PAGE: http://business-school.exeter.ac.uk/staff/profile.php?id=34

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