Business and managerial scholars agree in considering technology-intensive firms, usually called high-tech firms, a driving force for economic development, industrial renewal, improvement of individual skills, fertilization of the territory. Not surprisingly they are commonly regarded as the clearest expression of the current economic phase defined as “the knowledge-economy”. As shown by the evidence, these strengths acquire critical significance in the most advanced economic areas, where the above-mentioned firms led to high rates of economic development; furthermore, they are currently crucial to the preservation of the competitiveness margins compared to the dynamic and aggressive companies located in many of the so-called new comers countries. From this point of view, business scholars from the economic contexts aiming at reaching high levels of development, have to understand what conditions and elements allow high tech firms (hereinafter referred to as HTFs) to grow successfully, thus overcoming environmental constraints and profiting from their competitive advantages. With this in mind, the paper aims to identify the main elements of the so-called strategic paths of high tech firms; that is to say, the set of components and changing strengths by which these firms pursue their strategies over time. One possible implication of this research consists in supporting and encouraging, even through precise policy actions, a process of coupling to other businesses based in the same area.

Competitive factors and strategic paths in technology-intensive firms

PASSARO, Renato;THOMAS, Antonio
2012

Abstract

Business and managerial scholars agree in considering technology-intensive firms, usually called high-tech firms, a driving force for economic development, industrial renewal, improvement of individual skills, fertilization of the territory. Not surprisingly they are commonly regarded as the clearest expression of the current economic phase defined as “the knowledge-economy”. As shown by the evidence, these strengths acquire critical significance in the most advanced economic areas, where the above-mentioned firms led to high rates of economic development; furthermore, they are currently crucial to the preservation of the competitiveness margins compared to the dynamic and aggressive companies located in many of the so-called new comers countries. From this point of view, business scholars from the economic contexts aiming at reaching high levels of development, have to understand what conditions and elements allow high tech firms (hereinafter referred to as HTFs) to grow successfully, thus overcoming environmental constraints and profiting from their competitive advantages. With this in mind, the paper aims to identify the main elements of the so-called strategic paths of high tech firms; that is to say, the set of components and changing strengths by which these firms pursue their strategies over time. One possible implication of this research consists in supporting and encouraging, even through precise policy actions, a process of coupling to other businesses based in the same area.
978-88-6292-266-1
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11367/2627
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