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Radicalness of technological inventions and young venture performance: the role of technological competition and product diversity

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Radicalness of technological inventions and young venture performance: the role of technological competition and product diversity. / Schmidt, Arne; Walter, Sascha; Walter, Achim.
In: IEEE Transactions on Engineering Management, Vol. 60, No. 4, 11.2013, p. 728-738.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Schmidt, A, Walter, S & Walter, A 2013, 'Radicalness of technological inventions and young venture performance: the role of technological competition and product diversity', IEEE Transactions on Engineering Management, vol. 60, no. 4, pp. 728-738. https://doi.org/10.1109/TEM.2013.2255105

APA

Schmidt, A., Walter, S., & Walter, A. (2013). Radicalness of technological inventions and young venture performance: the role of technological competition and product diversity. IEEE Transactions on Engineering Management, 60(4), 728-738. https://doi.org/10.1109/TEM.2013.2255105

Vancouver

Schmidt A, Walter S, Walter A. Radicalness of technological inventions and young venture performance: the role of technological competition and product diversity. IEEE Transactions on Engineering Management. 2013 Nov;60(4):728-738. Epub 2013 Oct 16. doi: 10.1109/TEM.2013.2255105

Author

Schmidt, Arne ; Walter, Sascha ; Walter, Achim. / Radicalness of technological inventions and young venture performance : the role of technological competition and product diversity. In: IEEE Transactions on Engineering Management. 2013 ; Vol. 60, No. 4. pp. 728-738.

Bibtex

@article{ceee8bb74b2d422d969111671fb8c8bd,
title = "Radicalness of technological inventions and young venture performance: the role of technological competition and product diversity",
abstract = "Opportunities often emerge in the form of technological inventions that offer ways to create or deliver new value to prospective customers across a broad range of industries. This study investigates how the radicalness of technological inventions is tied to performance (sales growth) in young technology-based ventures. Using a combination of survey and patent data from 85 spin-offs from public research institutions in Germany, we identify the degree of technological competition and product diversification as important moderators in the relationship between technological radicalness and venture performance. Radicalness is found to have a positive impact on sales growth when competition in the particular technology field is high and when the venture's product portfolio is not diversified. Overall, these findings contribute to a better understanding of when and how ventures can successfully exploit radical technological inventions.",
author = "Arne Schmidt and Sascha Walter and Achim Walter",
year = "2013",
month = nov,
doi = "10.1109/TEM.2013.2255105",
language = "English",
volume = "60",
pages = "728--738",
journal = "IEEE Transactions on Engineering Management",
issn = "0018-9391",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
number = "4",

}

RIS

TY - JOUR

T1 - Radicalness of technological inventions and young venture performance

T2 - the role of technological competition and product diversity

AU - Schmidt, Arne

AU - Walter, Sascha

AU - Walter, Achim

PY - 2013/11

Y1 - 2013/11

N2 - Opportunities often emerge in the form of technological inventions that offer ways to create or deliver new value to prospective customers across a broad range of industries. This study investigates how the radicalness of technological inventions is tied to performance (sales growth) in young technology-based ventures. Using a combination of survey and patent data from 85 spin-offs from public research institutions in Germany, we identify the degree of technological competition and product diversification as important moderators in the relationship between technological radicalness and venture performance. Radicalness is found to have a positive impact on sales growth when competition in the particular technology field is high and when the venture's product portfolio is not diversified. Overall, these findings contribute to a better understanding of when and how ventures can successfully exploit radical technological inventions.

AB - Opportunities often emerge in the form of technological inventions that offer ways to create or deliver new value to prospective customers across a broad range of industries. This study investigates how the radicalness of technological inventions is tied to performance (sales growth) in young technology-based ventures. Using a combination of survey and patent data from 85 spin-offs from public research institutions in Germany, we identify the degree of technological competition and product diversification as important moderators in the relationship between technological radicalness and venture performance. Radicalness is found to have a positive impact on sales growth when competition in the particular technology field is high and when the venture's product portfolio is not diversified. Overall, these findings contribute to a better understanding of when and how ventures can successfully exploit radical technological inventions.

U2 - 10.1109/TEM.2013.2255105

DO - 10.1109/TEM.2013.2255105

M3 - Journal article

VL - 60

SP - 728

EP - 738

JO - IEEE Transactions on Engineering Management

JF - IEEE Transactions on Engineering Management

SN - 0018-9391

IS - 4

ER -