Risk & innovation [[electronic resource] ] : the role and importance of small high-tech companies in the U.S. economy / / Committee on Technology, Management, and Capital in Small High-Tech Companies, National Academy of Engineering

• Record Nr.: UNINA9910456072603321
• Pubbl/distr/stampa: Washington, D.C., : National Academy Press, 1995
• ISBN: 1-280-21067-2; 9786610210671; 0-309-56787-4; 0-585-08517-X
• Descrizione fisica: 1 online resource (99 p.)
• Disciplina: 338.1
• Soggetti: High technology industries - United States; Small business - United States; Technological innovations - Economic aspects - United States; Risk - United States; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Committee chairman: Henry Kressel.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Risk & Innovation; Copyright; Preface; Contents; RISK & INNOVATION; 1 Executive Summary ; INTRODUCTION; THE ROLES OF TECHNOLOGICAL START-UPS AND SMALL INNOVATIVE COMPANIES IN THE U.S. ECONOMY; OPPORTUNITIES FOR SMALL TECHNOLOGY-ORIENTED COMPANIES; HOW GOVERNMENTS CAN NURTURE SMALL COMPANIES AND TECHNOLOGICAL INNOVATORS; 2 Introduction ; THE STUDY APPROACH; DEFINITIONS AND POLICY QUESTIONS; THE STRUCTURE OF THE REPORT; 3 The Roles of Technological Start-Ups and Small Innovative Companies in the U.S. Economy ; COMPARING THE CONTRIBUTIONS OF SMALL TECHNOLOGY-ORIENTED COMPANIES; Advanced Displays and Visual Systems Implantable and Surgical Medical Devices; Software; Environmental Testing Services; Network Services and Access Devices; Outdoor Sporting Goods; Summary Comparison; CONCLUSIONS; 4 Opportunities for Small Technology-Oriented ; Companies ; HOW THE MARKET DETERMINES OPPORTUNITIES AND RISKS; Fragmented, Technically Dynamic, and Rapidly Growing Markets; Low Barriers to Entry; An Adequate Technical and Business Infrastructure; Good Access To Potential Customers; Availability of Financing; A Culture (Recent History) of Entrepreneurship; Characteristic Risks; THE LARGE-COMPANY ROLE THE IMPORTANCE OF GEOGRAPHY; Regional Sources of Entrepreneurs and Ideas; Factors Affecting the Start-ups in a Region; Factors Affecting the Ability of a Company to Grow in a Region; SUMMARY AND CONCLUSIONS; 5 How Governments Can Nurture Small Companies and Technological Innovators ; FEDERAL POLICIES: SMALL BUSINESS ASSISTANCE; FEDERAL POLICIES: TECHNOLOGY INITIATIVES; FEDERAL PROGRAMS THAT SUPPORT SMALL HIGH-TECH COMPANIES; STATE AND REGIONAL ASSISTANCE PROGRAMS; THE NATIONAL BUSINESS ENVIRONMENT; UNINTENDED EFFECTS OF GOVERNMENT POLICYMAKING; Medical Devices: Innovation as an Investment Decision Environmental Testing Labs: Created and Constrained by Environmental Regulation; Networks: Evolution of Regulatory Schemes; IMPLICATIONS FOR POLICY; Appendix What We Know About Small Business in America ; DEFINITIONS; THE JOB CREATION DEBATE; INNOVATION IN SMALL COMPANIES; OTHER AREAS OF COMPARISON BETWEEN LARGE AND SMALL FIRMS; Wages; Benefits; Job Security; Training; Unionization; Political Resources; Influence; Intangibles; THE DATA ON SMALL HIGH-TECH COMPANIES; Biographies of Committee Members