Entrepreneurship's role in commercializing micro-nanotechnology products

Document Type

Syllabus

Publication Date

1-1-2007

Abstract

The purpose of this chapter is to examine the role of technology in new micro and nanotechnology business formations so as to debunk some misperceptions in current folklore and to suggest guidelines for starting a new technology-intensive firm. The widely believed folklore is that newly formed technology-intensive firms succeed using radically new technologies to commercialize disruptive innovations. It is argued that new technology-intensive firms are best at doing this because they have no existing customer base to please and no internal bureaucratic organization to resist change. Much credit for popularizing this concept goes to Christensen in his book The Innovators' Dilemma.1 Although not a new concept in the academic literature, Christensen successfully brought this information to a much wider audience.

Identifier

84887239497 (Scopus)

ISBN

[9780849383151, 9780849383168]

Publication Title

Commercializing Micro Nanotechnology Products

External Full Text Location

https://doi.org/10.1201/9780849383168.ch2

First Page

29

Last Page

49

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