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This textbook will provide a greater understanding of technology-based entrepreneurship in the emerging knowledge economy.
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About the book
This textbook begins by introducing the area of technology-based entrepreneurship (TBE), taking into account definitions and background of the subject area, and sets this into context through TBE Education and Regional Development. This is followed by considering technology transfer policy, the diffusion of innovation into technology-based firms (TBFs), technology clusters, university technology small firms (UTSFs), university business collaborations and partnerships, and the growth of a technology concept. This exciting new approach to technology-based entrepreneurship will be of interest not only to students, researchers and scholars of entrepreneurship but also to policy makers, small business practitioners and owner managers. In this way it is hoped that this textbook will provide a greater understanding of technology-based entrepreneurship in the emerging knowledge economy.
Technology-based firms (TBFs) have an innovative role in the emerging knowledge economy (RAE, 2012), especially at an international level (EC, 2005; BERR, 2008). Indeed, the effective use of technological innovation is considered to be a prerequisite for business survival (Packham, 2002; Packham et al, 2005). It has long been recognised that technology-based entrepreneurship is important for economic growth and it has been noted that there is a need for an international focus on businesses having access to international markets (OECD, 2005). Within this context it has been acknowledged that business development programmes and assistance should enable firms to take advantage of innovative global technologies (OECD, 2005). Although significant opportunities are presented to businesses through the adoption of new technologies there needs to be awareness to the barriers of implementation and this has led researchers to focus on adoption factors (Parasuraman, 2000). In fact, there has been little success linking the determinants of adoption in businesses with expected outcomes such as innovation, apart from specialised research and development (R&D) intense sectors (Thomas and Simmons, 2010).
TBFs with an above average absorptive capacity tend to exhibit experience, knowledge, a skills base, knowledge creation and sharing processes (Cohen and Levinthal, 1990; Zahra and George, 2002; Gray, 2006). Their effective use of networking and an optimal use of technological innovation are the focus of this book. Here an approach appropriate to TBFs is taken by considering technology transfer policy, the diffusion of innovation into TBFs, technology clusters, university technology small firms, university business collaborations and partnerships, and the growth of a technology concept. Given this exciting new approach to technology-based entrepreneurship it is a pleasure to commend this text not only to students, researchers and scholars of entrepreneurship but also to policy makers, small business practitioners and owner managers. In this way it is hoped that this textbook will provide a greater understanding of technology-based entrepreneurship (Hsu, 2008) in the emerging knowledge economy.
Professor Gary Packham
Lord Ashcroft International Business School
Anglia Ruskin University, Cambridge, UK
- Overview, Definitions and Background
- Technology-Based Entrepreneurship Education
- Technology-Based Entrepreneurship and Regional Development
- Organisation of the Book
- Technology Transfer Policy
- Views of Policy Makers
- Technology Transfer Processes
- Conclusions: Policy Implications
- Diffusion Of Innovations Into Technology-Based Firms
- Technology Diffusion
- Technology Transfer Networks
- A Model of Technology Diffusion
- “Best practice”
- Implications for Policy
- Technology Clusters
- Clusters and Knowledge Flows
- Mobility within clusters
- University Technology Small Firms
- Factors influencing University Technology Small Firms
- Conceptualising University Technology Small Firms
- University Business Collaboration
- Organisational aspects of university/business collaboration
- Motivations for university/business relationships
- Formation Process
- University/business Inter-organisational relationships
- University Business Partnerships and Models of Technology Transfer Offices
- The Management of University Business Partnerships
- Models of Technology Transfer Offices
- Networking Activities
- Growth of a Technology Concept: A Case Study
- About the Author
About the Author
Dr. Brychan Thomas is a Senior Research Fellow at the Lord Ashcroft International Business School, Anglia Ruskin University, and a Doctoral Supervisor in Entrepreneurship and Innovation at the University of Gloucestershire and the University of South Wales Business School. He is also an Examiner for the International Baccalaureate Business and Management Diploma. Before retiring in October 2012 he was Reader in Innovation Policy at Glamorgan Business School, University of Glamorgan.
His main research interests lie in innovation and small business, SMEs and technology transfer networks, technology transfer and internet adoption in the agri-food industry, higher education spinout enterprises, and science communication and education. As such he has been involved in a number of projects examining technology transfer and small firms. He has a science degree and an MSc in the Social Aspects of Science and Technology from the Technology Policy Unit at Aston University and a PhD in Science and Technology Policy, CNAA/University of Glamorgan.
He has over 350 publications in the areas of Science Communication, Entrepreneurship, Innovation and Small Business including 100 refereed journal articles. His books include “Triple Entrepreneurial Connection: College, Government and Industry” (2000), co-editor “E-Commerce Adoption and Small Business in the Global Marketplace: Tools for Optimization” (2010), “Innovation and Small Business”, Volumes 1 and 2 (2011) and recently co-editor of “Academic Working Lives: Experience, Practice and Change” (2014). He is on the Editorial Advisory and Review Board of the International Journal of E-Business Management, the Editorial Review Board of the International Journal of E-Entrepreneurship and Innovation and the Editorial Advisory Board of IMJ – International Management Journals. During the academic year 2008/2009 he was on a research secondment at the Centre for Technology Management, University of Cambridge.
Brychan is a Fellow of the College of Teachers and a Fellow of the Higher Education Academy and is Chair of the International Entrepreneurship track for the Institute for Small Business and Entrepreneurship 2013 Conference in Cardiff.