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Theories regarding entrepreneurial and management competencies and the development of new technology-based firms

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Book cover Competence of Top Management Teams and Success of New Technology-Based Firms

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Abstract

After defining the basic concepts of this study, this chapter serves to discuss theoretical approaches which investigate 1) entrepreneurial management competencies in the context of young technological ventures, 2) new venture development models, and 3) the relationship between entrepreneurial management competencies and the development of NTBFs.

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References

  1. In order to obtain an understanding of the present state of research on competence in the entrepreneurial field literature databases have been investigated for terms like ‘competence’, ‘competency’, ‘ability’ etc. in connection with ‘management’, ‘entrepreneur’, ‘founder’ etc. Additionally prominent works of the entrepreneurial domain have been included in the search. In a second step the findings have been revised to extract those, which a) present discussions on the content of competence, which b) specifically refer to new ventures, which c) incorporate a sufficiently detailed explanation of the competence domains and which d) at least involve some theoretical or conceptual foundation. The condition of offering ‘a sufficiently detailed explanation’ was important, because the goal of this research step was to identify literature, which could support the development of a grid for structuring competence domains. Though different studies analyze elements of competence (e.g. Walter, A., et al., 2003; Schefczyk, M. and Gerpott, T.J., 2000, 67; Szyperski, N. and Nathusius, K., 1977, 38–41; Brüderl, J., et al., 1996, 121–131; Olson, P.D., 1985, 25; Davidsson, P. and Honig, B., 2003, S. 302; Snell, R., Lau, A., 1994), these studies do not primarily intend to conceptualize competence. They are reconsidered at a later stage to detail the understanding of the competence domains.

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(2007). Theories regarding entrepreneurial and management competencies and the development of new technology-based firms. In: Competence of Top Management Teams and Success of New Technology-Based Firms. Gabler. https://doi.org/10.1007/978-3-8350-5503-2_3

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