Pathways from discovery to commercialisation: using web sources to track small and medium-sized enterprise strategies in emerging nanotechnologies

Abstract

This paper presents results from a pilot study of small and medium-sized enterprises (SMEs) based on a web-scraping and content analysis of current and archived nanotechnology enterprise websites. We use this approach to explore nanotechnology SMEs transitions from discovery to commercialisation and understand how transitions vary by SME characteristics, technology and market sectors. Our findings suggest that although the idealised linear innovation model is present, important instances of divergence exist. Cluster analysis uncovered sectoral differences but even more distinctions based on the age, funding source, and research intensity.

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