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NEW TECHNOLOGY DEVELOPMENT & FIRM SIZE.

14086. NEW TECHNOLOGY DEVELOPMENT & FIRM SIZE.

This term paper provides an overview and critical analysis of the role of firm size in the development of new technology. Focusing on the U.S., but also drawing on comparative data from Europe and Japan, the report evaluates the opportunities for large versus small firms in developing new technology. Drawing on specific examples from biotechnology and the computer industry, the analysis considers possible explanations for the seeming dominance of small versus large firms in U.S. technology development, looking at regulatory factors, financing, business-government relations, culture, and organizational structure. Also considered are some possible reasons why the U.S. evidences a higher level of technological entrepreneurship than other developed countries and the role of this apparent 'country advantage' in small firm success in U.S. technological ventures. KEYWORDS: research development r&d technology firm size entrepreneurs. 18 pages, 36 footnotes, 28 bibliographic references. 4,806 words.

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