Profitability of small- and medium-sized enterprises in high-tech industries: The case of the biotechnology industry

被引:183
作者
Qian, GM [1 ]
Li, L
机构
[1] Chinese Univ Hong Kong, Dept Management, Fac Business Adm, Shatin, Peoples R China
[2] York Univ, Atkinson Fac Liberal & Profess Studies, Toronto, ON M3J 2R7, Canada
关键词
profitability; small- and medium-sized enterprises; high-tech industries;
D O I
10.1002/smj.344
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the profitability determinants of small- and medium-sized enterprises in high-tech industries. Literature review suggests that innovator position, market awareness, niche operation, and internationalization should have positive impacts on SMTEs' profitability. However, the empirical results partially agree with, and partially dissent from, the propositions. Copyright (C) 2003 John Wiley Sons, Ltd.
引用
收藏
页码:881 / 887
页数:7
相关论文
共 43 条
  • [1] ACS ZJ, 1999, SMALL MEDIUM SIZED E, P1
  • [2] [Anonymous], 1994, FUNDAMENTAL ISSUES S
  • [3] [Anonymous], STRATEGIC MANAGEMENT
  • [4] BELKAOUI AR, 1991, MANAGERIAL DECIS ECO, V13, P343
  • [5] Buckley JP, 1997, INT TECHNOLOGY TRANS, P1
  • [6] BURRILL GS, 1992, BIOTECH 93 ACCELERAT
  • [7] CAREY J, 1997, BUS WEEK 0310, P78
  • [8] Carson D., 2000, INT BUS REV, V9, P363, DOI [10.1016/S0969-5931(00)00006-8, DOI 10.1016/S0969-5931(00)00006-8, 10.1016/s0969-5931(00)00006-8]
  • [9] PERFORMANCE DIFFERENCES AMONG STRATEGIC GROUP MEMBERS
    COOL, K
    SCHENDEL, D
    [J]. STRATEGIC MANAGEMENT JOURNAL, 1988, 9 (03) : 207 - 223
  • [10] INITIAL HUMAN AND FINANCIAL CAPITAL AS PREDICTORS OF NEW VENTURE PERFORMANCE
    COOPER, AC
    GIMENOGASCON, FJ
    WOO, CY
    [J]. JOURNAL OF BUSINESS VENTURING, 1994, 9 (05) : 371 - 395