This article proposes a taxonomy of business models used by small, highly innovative firms focused on technology commercialization. Such firms disproportionately contribute to technological change in the US economy. The firms operate across industries and use a variety of technology platforms....

Long-lived small firms with a substantial, public record of innovative success are the focus of this paper. We label such firms “serial innovators” and argue that they are often specialist suppliers in markets for technology. To survive as specialist suppliers, firms must produce technology...

This article proposes a taxonomy of business models used by small, highly innovative firms focused on technology commercialization. Such firms disproportionately contribute to technological change in the US economy. The firms operate across industries and use a variety of technology platforms....