Early stages of technology-intensive companies in Thailand and Finland
Muhos, Matti; Kess, Pekka; Distanont, Anyanitha; Phusavat, Kongkiti; Sanpanich, Sitthinath (2014-03-25)
Muhos, M., Kess, P., Distanont, A., Phusavat, K., Sanpanich, S. (2014) Early stages of technology-intensive companies in Thailand and Finland. International Journal of Economics and Business Research, 7 (2), 177-197. https://doi.org/10.1504/IJEBR.2014.060031
© 2014 InderScience Publishers. The final authenticated version is available online https://doi.org/10.1504/IJEBR.2014.060031.
https://rightsstatements.org/vocab/InC/1.0/
https://urn.fi/URN:NBN:fi-fe202101182043
Tiivistelmä
Abstract
Numerous stage models have attempted to clarify management priorities during the early stages of companies. However, a need for more focused and context-specific studies exists. This study seeks to clarify the early stages of technology-intensive companies in Thai and Finnish contexts. To summarise the research questions, the authors ask: What early stages do technology-intensive companies face based on recent empirical literature? How do the experiences of managers in early-stage technology-intensive companies relate to assumptions of such stage framework? What viewpoints should be considered when using stage framework in Thai and Finnish contexts? To answer these questions, this study devises a four-stage framework describing early stages of technology-intensive companies and reflects it through ten case studies in the two contexts. The framework was found to be applicable in both contexts; moreover, an analysis of context-specific viewpoints is also provided. It is necessary to recognise these viewpoints when using this framework in the Thai and Finnish contexts.
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