Elgar original reference
Edited by Ayala Malach-Pines and Mustafa F. Özbilgin
Chapter 11: Regulatory Focus in Start-ups versus Established Firms in the High-tech Industry
Sharon Barkan Introduction Nine out of ten times, when a student with an interest in high tech is asked ‘Where would you like to work when you graduate?’ the answer will probably be ‘a successful start-up company, where I can evolve professionally, gain valuable experience and be at the frontline of technology’. Later on, however, when economic pressures and security needs start playing a growing role in their lives, not many of these students make that choice when looking for a new workplace, and prefer more stable and wellestablished companies. Start-up firms are considered the quintessential part of the hightech industry, and in many ways they do justify their glorified image. Nevertheless, working with such firms seems to require a certain disposition to aid in coping with their chaotic, highly demanding and unstable nature. At the other end of the scale, the well-established, mega-sized hightech corporations usually provide a very different work milieu and as such, they seem to ‘attract’ engineers who are more comfortable with a much more stable, hierarchical and predictable work environment. Israel has the largest number of high-tech start-ups in absolute terms after the US. Eighty percent of the 3,000 Israeli companies involved in research and development (R&D) are less than 10 years old. There has been a dramatic increase in the number of start-ups in Israel in recent decades, from 150 companies in the 1980s to more than 3,000 in the year 2000 (De Fontenay and Carmel, 2004). Start-up companies have...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.