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The treatise is the first coherent and comprehensive presentation of the important sub-field of "technology entrepreneurship" emphasizing the science and engineering perspectives. It is a presentation of technology entrepreneurship as an inter-cultural approach referring to the US and Germany. It integrates micro- and macro aspects referring to numerous cases of firms' foundations. The book provides also a new semi-quantitative approach to growth of new technology ventures.
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Wolfgang Runge Technology Entrepreneurship A Treatise on Entrepreneurs and Entrepreneurship for and in Technology Ventures VOLUME 2 Technology Entrepreneurship A Treatise on Entrepreneurs and Entrepreneurship for and in Technology Ventures VOLUME 2 by Wolfgang Runge Many of the designations used by manufacturers and sellers to distinguish their products are claimed as trademarks. The quotation of those designations in whatever way does not imply the conclusion that the use of those designations is legal without the consent of the owner of the trademark. Copyright Acknowledgements Acknowledgements are due to the Zentrum für Europäische Wirtschaftsforschung GmbH, Mannheim (ZEW) for permissions to reproduce a large number of figures and tables from its publications. Permission to use figures from the Global Entrepreneurship Monitor (GEM) 2008 Global Report, which appear here, has been granted by the copyright holders. The GEM is an international consortium and this report was produced from data collected in, and received from, 43 countries in 2008. Our thanks go to the authors, national teams, researchers, funding bodies and other contributors who have made this possible. Impressum Karlsruher Institut für Technologie (KIT) KIT Scientific Publishing Straße am Forum 2 D-76131 Karlsruhe KIT Scientific Publishing is a registered trademark of Karlsruhe Institute of Technology. Reprint using the book cover is not allowed. www.ksp.kit.edu This document – excluding the cover – is licensed under the Creative Commons Attribution-Share Alike 3.0 DE License (CC BY-SA 3.0 DE): http://creativecommons.org/licenses/by-sa/3.0/de/ The cover page is licensed under the Creative Commons Attribution-No Derivatives 3.0 DE License (CC BY-ND 3.0 DE): http://creativecommons.org/licenses/by-nd/3.0/de/ Print on Demand 2014 ISBN 978-3-7315-0107-7 (Set) DOI: 10.5445/KSP/1000036457 ISBN 978-3-7315-0108-4 (Band 1) DOI: 10.5445/KSP/1000036459 ISBN 978-3-7315-0109-1 (Band 2) DOI: 10.5445/KSP/1000036460 Table of Contents iii CONTENTS PREFACE .....................................................................................................................vii How to Read and Use this Book ..................................................................................xvi APPROACH ................................................................................................................ xvii 1. CONTEXTUAL SETTINGS........................................................................................ 3 1.1 Setting the Stage ................................................................................................. 3 1.1.1 Technology Entrepreneurship and New Technology-Based Firms ............. 3 1.1.1.1 Entrepreneurship and Technology Entrepreneurship ............................... 8 1.1.1.2 New Technology-Based Firms and Research-Based Startups............... 15 1.1.2 The Conceptual Skeleton of Entrepreneurship .......................................... 20 1.2 Systems, Change, Innovation and the Future ................................................... 32 1.2.1 General Systems Theory and Systems Thinking....................................... 32 1.2.2 Outlining Relevant Systems for Technology Entrepreneurship ................. 78 1.2.3 Systems, Intellig