Value Generation in Science and Enterprise: University-Industry Collaboration in the Case of CAMPATH-1
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Garnsey, Elizabeth
Mohr, Vivian
Abstract
This study quantifies the incidence and influence of rapid growth among firms in a high technology milieu. We draw on evidence from a longitudinal database of technology firms in Cambridge UK. Resource configurations and the entrepreneurial matching of resources to opportunities are addressed, using Penrosian growth theory. We examine how certain knowledge-resources of start-ups are related to firms’ subsequent growth. We examine various firm growth modes to track how they are associated with firm and regional growth.