The Handbook of Technology and Innovation Management

13.5. Concluding Thoughts

In this chapter, I have discussed a wide range of management issues related to technology-based entrepreneurial business development. The discussion was organized around research issues faced at different stages of venture development: venture origins, resource assembly, strategizing, and growth and harvesting issues. I will not attempt to summarize the discussion or the areas I have highlighted for potential future research here. Instead, I conclude with a few methodological points that apply to future empirical research in the field. Data are hard to come by to study emerging ventures. Researchers will have to employ creative and entrepreneurial means to obtain interesting data for future research. In addition, multiple or even non-standard methods may have to be employed to make progress. Finally, I would encourage researchers to consider ambitious data collection efforts, preferably longitudinal, to address research questions in this field.^[] There appears to be increasing interest in technology-based entrepreneurship among management researchers. My hope is that this chapter has usefully discussed some of the recent research in the field and that future research will be stimulated by some of the discussion contained here.

^[] Some recent examples include the panel data assembled by the Stanford Project on Emerging Companies by Baron, Burton, and Hannan and the MIT licensing data by Shane.