For firms acting in technological niches the expansion into foreign markets can be a way to increase sales and to thus to recover initial sunk costs over a shor

There is now a certain tradition of Anglo-German comparative research on new technology-based firms (NTBFs). Two of the most influential studies in this area ha

The present study analyses the international activities of British start-up companies in high-technology industries. The research makes the following contributi

We examine the impact of technological product advantages, prior international experience of the management, firm size and age, country differences, and sunk co