Creative adaptation: the role of new technology based firms in Portugal |
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| Authors: | Manuel Laranja Margarida Fontes |
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| Institution: | aAITEC Technologias de informação, Av. Duque d'Avila no. 23 1° Dt°, 1000 Lisboa, Portugal;bInstituto Nacional de Engenharia e Tecnologia Industrial, Estrada do Paço do Lumiar, 1699 Lisboa Codex, Portugal |
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| Abstract: | This paper reviews two recent research studies on Portuguese New Technology Based Firms (NTBFs). Attention is given to the role and contribution of NTBFs to innovation. The main argument is that, by and large, NTBFs are less concerned with the introduction of major innovations and more with creative adaptive improvements to products and services based upon new technologies first introduced elsewhere. The empirical research found that Portuguese NTBFs are a recent phenomenon associated with diffusion of Electronics and Information Technologies (EIT) during the late 1980s. They perform a wide variety of knowledge-intensive activities, which enhance local users' adoption processes and they are associated with different forms of technology transfer through external linkages. Overall, NTBFs undertake a frequently unobserved role as technology searchers and acquirers that, pushed by idiosyncratic local niche market opportunities, selectively choose among and enhance technologies developed elsewhere, introducing them into the local market. |
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| Keywords: | New technology based firms Portugal Innovation Technology transfer Networks |
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