Abstract
Technology entrepreneurs are highly regarded as targets of economic policy (Lerner, 2010). The policy expectations on fostering technology-based entrepreneurs contrasts with our limited understanding on how technology entrepreneurship unfolds (Acs et al., 2011). As a result, we often find that initiatives that aim to spur high-growth technology-based entrepreneurial projects fail to achieve the expected results (Shane, 2009).
Highlights
Technology entrepreneurs are highly regarded as targets of economic policy (Lerner, 2010)
Innovation management scholars have looked at more subtle elements such as the ability to compensate for the initial technology-push orientation with a demand-pull orientation (Brem & Voigt, 2009), or in other words, to combine the www.timreview.ca technology potential with a disruptive value proposition (Hahn et al, 2014)
A Signalling Theory Perspective on the Technology Entrepreneurship Process we review the literature relating to the technology entrepreneurship process and signalling theory to make sense of the value of entrepreneurial actions, regardless of the initial resources or characteristics of the firm
Summary
Technology entrepreneurs are highly regarded as targets of economic policy (Lerner, 2010). The policy expectations on fostering technology-based entrepreneurs contrasts with our limited understanding on how technology entrepreneurship unfolds (Acs et al, 2011). When considering what makes technology-based entrepreneurs different (see Carbone, 2009), scholars have mostly proposed to decipher what type of resources configurations or combinations would explain the success or failure of the technology innovations of so many promising ventures. Innovation management scholars have looked at more subtle elements such as the ability to compensate for the initial technology-push orientation with a demand-pull orientation (Brem & Voigt, 2009), or in other words, to combine the www.timreview.ca technology potential with a disruptive value proposition (Hahn et al, 2014). In the technology entrepreneurship context, scholars focused on understanding firm resources that might be useful when competing to capture value but not have paid sufficient attention to the other side of the board, where actions that are critical in a value-creation context are occurring (Priem et al, 2011)
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