COMPARATIVE STUDY BETWEEN THE CREATION PROCESS OF TECHNOLOGICAL AND TRADITIONAL COMPANIES
DOI: 10.5585/rai.v7i2.600

Authors

  • Cândido Vieira Borges Jr Federal University of Goiás image/svg+xml
  • Louis Jacques Filion Empreendedorismo da HEC, Montreal, Canadá
  • Germain Simard HEC Montreal, Canadá

Keywords:

Technological entrepreneurship. Venture creation process. High-tech entrepreneurs.

Abstract

This article aims to compare the process of setting up technological companies with traditional ones and to identify the features of the process used by the first group. A model dividing the creation process into four stages (initiation, preparation, launch and consolidation) was designed and used as a framework for analysis. Two questionnaires were completed by 192 entrepreneurs of new companies, with 77 technological companies and 115 traditional ones represented. The results of the comparison between the two groups indicate that the process of creation from technology companies has certain peculiarities, more specifically that: (i) the access to financial resources as well as financial management constitute a big challenge to technological entrepreneurs, (ii) technological entrepreneurs need to develop their competences in management and commercialization, (iii) the process of creation of technological companies is longer and harder than that of traditional ones, (iv)market analysis represents a challenge for technological entrepreneurs; (v) there is a significant difference between the process of creation of the different groups of technological companies. These differences need to be considered when planning future research and subsidizing future entrepreneurs.

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Author Biographies

  • Cândido Vieira Borges Jr, Federal University of Goiás
    Doutor (Ph.D.) em Administração pela HEC Montréal, Canadá Professor da Universidade Federal de Goiás - UFG
  • Louis Jacques Filion, Empreendedorismo da HEC, Montreal, Canadá
    Doutor (Ph.D.) em Empreendedorismo e Sistemas pela HEC Montreal, Canadá Professor de Empreendedorismo da HEC, de Montreal, Canadá
  • Germain Simard, HEC Montreal, Canadá
    Mestre em Administração pela École Nationale d'Administration, Paris Professor da HEC, de Montreal, Canadá

References

Published

2010-08-12

Issue

Section

Artigos

How to Cite

COMPARATIVE STUDY BETWEEN THE CREATION PROCESS OF TECHNOLOGICAL AND TRADITIONAL COMPANIES DOI: 10.5585/rai.v7i2.600. (2010). INMR - Innovation & Management Review, 7(2), 3-21. https://revistas.usp.br/rai/article/view/79167