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Author:Salomo, S.
Brinckmann, J.
Talke, K.
Title:Functional management competence and growth of young technology-based firms
Journal:Creativity and innovation management
2008 : SEP, VOL 17:3, p. 186-203
Index terms:management
development
technology
effectiveness
measurement
Language:eng
Abstract:This paper aims to 1) develop a comprehensive framework of functional management competence in young, technology-based companies, and 2) define and validate a measurement tool for evaluating the competence of functional management. A phase model is proposed, based on the examination of 212 young firms operating in various fields of technology. It is found that functional management, especially technology and marketing management are significant factors influencing the development speed of young firms. In turn, financial management does not seem to have any notable effect on development speed.
SCIMA record nr: 273895
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