An empirical investigation of technology strategy in computer software initial public offering firms |
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| Institution: | 1. Department of Urology, Vattikuti Urology Institute, Henry Ford Hospital, Detroit, MI, USA;2. Center for Outcomes Research, Analytics and Evaluation, Vattikuti Urology Institute, Henry Ford Hospital, Detroit, MI, USA;3. Department of Urology, David Geffen School of Medicine, University of California, Los Angeles, Los Angeles, CA, USA;4. Wayne State University School of Medicine, Detroit, MI, USA;1. Univ d’Orléans, ISTO, UMR 7327, 45071 Orléans, France;2. CNRS/INSU, ISTO, UMR 7327, 45071 Orléans, France;3. BRGM, ISTO, UMR 7327, BP 36009, 45060 Orléans, France;4. Sorbonne Universités, UPMC Univ. Paris 06, UMR 7193, ISTeP, F-75005 Paris, France;5. CNRS, UMR 7193, ISTeP, F-75005 Paris, France;6. Géosciences Montpellier, CC 60, UMR 5243, Univ. Montpelier 2, Place Eugène Bataillon, 34095 Montpellier cedex 05, France;7. Univ. Pierre et Marie Curie, UMR 7590 UPMC-CNRS, 4 Place Jussieu, 75252 Paris cedex 05, France;1. Department of Microbiology, Universidade Federal de Minas Gerais, Belo Horizonte, Minas Gerais, Brazil;2. Immunopharmacology, Universidade Federal de Minas Gerais, Belo Horizonte, Minas Gerais, Brazil;3. Laboratório de Biologia Molecular and Programa de Pós Graduação em Ciências da Saúde, Hospital Universitário, Universidade Federal de Sergipe, Aracaju, Brazil;1. Departments of Ophthalmology and Visual Sciences, Washington University School of Medicine, St. Louis, Missouri;2. Departments of Pathology and Immunology, Washington University School of Medicine, St. Louis, Missouri;3. Department of Ophthalmology, University of Miami Miller School of Medicine, Miami, Florida;4. Department of Ophthalmology, St. Louis University School of Medicine, St. Louis, Missouri;5. Department of Ophthalmology, University of British Columbia, Vancouver, Canada;6. Section of Ophthalmology, Pasqua Hospital, Regina, Canada;7. Department of Ophthalmology, National University of Malaysia, Kuala Lumpur, Malaysia |
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| Abstract: | Strategic management of technological resources plays a significant role in the success of firms in computer-related industries. To expand the literature on technology management in growing organizations, this paper presents a study of the relationships among select technology strategy dimensions and perceived performance of initial public offering (IPOs) computer software firms. Using content analysis, technology strategy data were collected from the prospectus of 31 computer software firms who committed IPOs in 1996. Empirical analysis shows support for propositions that a firm's technology posture and executive level technology experience influence investor reactions to IPOs. |
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