Experiences of high-growth technology firms in Malaysia and New Zealand.

Ng, Poh Yen; Hamilton, Robert T.

Abstract

How do technology firms experience high growth and the support available from governments? This qualitative study explores the experiences of high-growth technology-based firms in Malaysia and New Zealand. Case studies were developed for eight high-growth companies in the information and communication technology sectors of each country. The countries differ in national cultures and the forms of government support. There were no marked country differences in growth drivers. Growth was driven by innovation and flexibility within business-to-business sales relationships. These firms faced four obstacles: intense competition; liabilities of smallness; limited human capital; and funding ability. Malaysia offers broader mainstream support with favourable tax treatment of R&D related expenditure. In contrast, New Zealand’s has been criticised for a highly targeted approach, although this is now broadening. Both countries appear to be converging on a hybrid approach combining mainstream and targeted support for growth businesses.

Citation

NG, P.Y. and HAMILTON, R.T. 2016. Experiences of high-growth technology firms in Malaysia and New Zealand. Technology analysis and strategic management [online], 28(8), pages 901-915. Available from: https://doi.org/10.1080/09537325.2016.1180355

• Journal Article Type: Article
• Acceptance Date: Apr 13, 2016
• Online Publication Date: Apr 29, 2016
• Publication Date: Sep 30, 2016
• Deposit Date: Feb 17, 2023
• Publicly Available Date: Feb 17, 2023
• Journal: Technology analysis and strategic management
• Print ISSN: 0953-7325
• Electronic ISSN: 1465-3990
• Publisher: Taylor & Francis (Routledge)
• Peer Reviewed: Peer Reviewed
• Volume: 28
• Issue: 8
• Pages: 901-915
• DOI: https://doi.org/10.1080/09537325.2016.1180355
• Keywords: High growth; Innovation; Flexibility; Obstacles; Government support
• Public URL: https://rgu-repository.worktribe.com/output/1888333