Abstract
The founding and successful development of NTBF is a central aim of entrepreneurs, private corporations, governmental institutions, business associations, and marketoriented societies. Despite the recent downturn of the new economy, venture creation continues at a high level. However, at the same time the failure rate of new firms remains high. This work aimed to address this problem by analyzing the development of NTBFs from a competence perspective. The goal was to find competencies that TMTs needed to start and grow a venture and to understand how the importance of the competencies changes as firms develop. Five research objectives were proposed at the beginning of this study.661
Refer to chapter 1.2.
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References
Röpcke, J., 2002.
Refer also to Walter, A. and Gemünden, H.G., 2002.
The following implications are derived from the findings of this research work with is primarily of academic nature. For a more specific analysis of findings for practitioners refer to Brinckmann, J., 2005.
Vesper, K.H., 1993.
Hauschildt, J. and Salomo, S., 2005.
Schumpeter, J., 1993.
Reid, G.C. and Smith, J.A., 2000; Heunks, F.J., 1998.
Salomo, S., 2003; Hauschildt, J. and Salomo, S., 2005; Schlaak, T.M., 1999.
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© 2007 Deutscher Universitäts-Verlag | GWV Fachverlage GmbH, Wiesbaden
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(2007). Discussion of central findings and implications. In: Competence of Top Management Teams and Success of New Technology-Based Firms. Gabler. https://doi.org/10.1007/978-3-8350-5503-2_9
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DOI: https://doi.org/10.1007/978-3-8350-5503-2_9
Publisher Name: Gabler
Print ISBN: 978-3-8350-0516-7
Online ISBN: 978-3-8350-5503-2
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