Impact of Lifecycle Stage of New Technology Based Firms on Existing Management and Innovation Theories

Abstract

This study investigates the concept of lifecycle stage and how, specifically in New Technology Base Firms (NTBFs), lifecycle stage can provide a more refined understanding of many of the relationships people have investigated, and would like to investigate, around NTBFs. This paper is broken up into a series of studies looking at specific areas of existing research of NTBFs, namely the attributes of a CEO and their relationship with firm success as well as previously discovered determinants of innovation within NTBFs, and provides an understanding of how the lifecycle phase of a firm impacts the conclusions within this existing research. The objective of this research is to demonstrate the importance of lifecycle stage as a key variable to be considered when studying NTBFs, and to help increase the predictiveness and generalizability of existing research to enable it to be more effectively translated into best practices used by practitioners.