search query: @author Hauptman, O. / total: 3
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| Author: | Roberts, E. B. Hauptman, O. |
| Title: | The financing threshold effect on success and failure of biomedical and pharmaceutical start-ups. |
| Journal: | Management Science
1987 : MAR, VOL. 33:3, p. 381-394 |
| Index terms: | TECHNOLOGICAL INNOVATION PHARMACEUTICAL INDUSTRY BIO-TECHNOLOGY INDUSTRY FINANCING USA |
| Language: | eng |
| Abstract: | The theories of technological innovation are examined in the context of the formation and growth of biomedical and pharmaceutical firms. Analyses are based on detailed data gathered from 26 firms, founded between 1968 and 1975 in Massachusetts, supplemented by a three-member expert panel evaluation of the risk associated with use of each firm's products. The interaction between technological sophistication of a young biomedical firm's products and the financial resources at its founding in determining its economic success is examined. |
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