New Approach to Detect and Select Technology-Based Firms

  1. Garrido-Prada, Pablo 2
  2. Delgado-Rodríguez, María Jesús 1
  3. Romero-Jordán, Desiderio 1
  1. 1 Universidad Rey Juan Carlos
    info

    Universidad Rey Juan Carlos

    Madrid, España

    ROR https://ror.org/01v5cv687

  2. 2 Universidad Autónoma de Madrid
    info

    Universidad Autónoma de Madrid

    Madrid, España

    ROR https://ror.org/01cby8j38

Book:
Global Campaigning Initiatives for Socio-Economic Development

Publisher: IGI Global

ISSN: 2326-9103,  2326-9111

ISBN: 9781522579373

Year of publication: 2019

Pages: 87-107

Type: Book chapter

DOI: 10.4018/978-1-5225-7937-3.CH006 GOOGLE SCHOLAR lock_openOpen access editor

Sustainable development goals

Abstract

Technology-based firms are a key driver for the growth potential of a country due to their capacityto introduce radical innovations and value into the economy. In this chapter, the authors propose adefinition for technology-based firms based on strategies that makes possible to identify the companieswith advanced use of technology (including knowledge) in all the sectors of the economy. This refineddefinition helps to identify this kind of companies and to orientate special public policies to foster theirdevelopment. For follower countries in terms of technology and innovation, as it is the case of Spain,technology-based firms may be a significantly different collective compare with advanced technologicalcountries. Thus, the authors propose a method to detect technology-based firms in not only high technology sector using a Technological Innovation Panel (PITEC) in Spain. This chapter confirms that thereare technology-based firms in many activities outside the high technology sectors that can be of interestfor public institution and investors.

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