Strategic alliances as a source of early-stage seed capital in technology-based, entrepreneurial firms

Author

Carayannis, Elias G. ; Kassicieh, Suleiman K. ; Radosevich, Raymond

Author_Institution

Anderson Sch. of Manage., New Mexico Univ., Albuquerque, NM, USA

Volume

4

fYear

1996

fDate

3-6 Jan 1996

Firstpage

211

Abstract

A significant gap exists in early stage seed capital for technology based new ventures. The article reports the results of a survey of embryonic firms which received significant amounts of their initial capital from strategic partners. High levels of satisfaction with the alliance were reported by the capital recipients and the alliances tended to evolve into long term relationships. The prescriptions from the normative literature on alliance formation and operation appear mostly valid in the experiences of the surveyed firms

Keywords

DP industry; contracts; economics; strategic planning; alliance formation; capital recipients; early stage seed capital; embryonic firms; long term relationships; normative literature; strategic alliances; strategic partners; technology based entrepreneurial firms; technology based new ventures; Counting circuits; Embryo; Finite impulse response filter; Instruments; Investments; Research and development; Technology management; Telephony;

fLanguage

English

Publisher

ieee

Conference_Titel

System Sciences, 1996., Proceedings of the Twenty-Ninth Hawaii International Conference on ,

Conference_Location

Wailea, HI

Print_ISBN

0-8186-7324-9

Type

conf

DOI

10.1109/HICSS.1996.495339

Filename

495339