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
Recommended Citation
Kirchhoff, Bruce A. and Walsh, Steven T., "Entrepreneurship's role in commercializing micro-nanotechnology products" (2007). Faculty Publications. 13634.
https://digitalcommons.njit.edu/fac_pubs/13634
