This paper is an empirical test of the hypothesis that the appropriateness of different business strategies is conditional on the firm's distance to the industry frontier. We use data on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...

Despite the importance of high technology firms to the UK’s economy, relatively little is known about factors contributing to these firms’ long-run growth and survival. We examine these factors using a unique longitudinal dataset combining two waves of detailed surveys of 345 UK high tech...