New technology-based firms in the European union: an introduction

Article Abstract:

An introduction to literature dealing with new technology-based firms (NTBFs) in the European Union is presented. Literature finds that NTBFs' founders have generally high educational attainments, generally establish their respective businesses between 30 yrs and 50 yrs of age, have long professional experiences from large corporations and are primarily male. Literature also finds that constraints include credibility, finance and managerial competencies.

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Smaller firms and Europe's high technology sectors: a framework for analysis and some statistical evidence

Article Abstract:

A framework for statistical and analytical mapping the evolution of small, high-technology businesses in Europe is introduced. The framework discusses employment and unit number changes over time and results show that Type I expansion, or expansion in terms of employment and number of units was present during the 1980s but later evolved into Type IV expansion activities or contraction in employment and expansion in the number of units.

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Public policy measures to support new technology-based firms in the European Union

Article Abstract:

An evaluation of European Union (EU) policies geared towards helping new technology-based businesses (NTBFs) reveals that most EU countries fail to recognize the special needs of NTBFs and that countries who recognize these special requirements have highly successful policies. The EU should recognize NTBF requirements and formulate policies accordingly if they are to realize economic policy results similar to that of the US.

Administration of General Economic Programs, Small Business Aid Programs, Research, Analysis, Economic policy, Science and technology policy, Small business assistance, Policy sciences

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