Title page for ETD etd-03162010-115928


Document Type Master's Dissertation
Author Mosiah, Lerato
URN etd-03162010-115928
Document Title Strategic management practices of small firms in emerging industries : a study of health biotechnology firms
Degree MBA
Department Gordon Institute of Business Science
Supervisor
Advisor Name Title
Dr R Raina Supervisor
Keywords
  • small business
  • management
  • biotechnology
Date 2010-03-16
Availability unrestricted
Abstract

Brouthers, Andriessen, & Nicolaes (1998, p. 130) state that “…little research exists that examines strategic management practices in small firms”.

The purpose of this study is to explore the strategic management practices of small firms operating in emerging industries. The study further goes on to compare these practices in the context of the practices documented in the theory.

The research utilized qualitative data collected from a non-probability sample of firms in the health biotechnology industry. The case study methodology, using indepth interviews was used to collect data from senior executives of two health biotechnology firms.

The study found that the strategic management practices of small firms in emerging industries support and predominantly subscribe to and the planning, rational and entrepreneurial schools of thought.

The recommendation from the findings of this study is that small firms in emerging industries, such as health biotechnology firms studied, need to engage in strategic management processes that are more formal but that also consider the influence of the entrepreneur as the driver of strategy.

Future research could include an in-depth and wider study of the most appropriate strategy practices for small firms in emerging industries.

Copyright © 2008, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria

Please cite as follows:

Mosiah, L 2008, Strategic management practices of small firms in emerging industries : a study of health biotechnology firms, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://upetd.up.ac.za/thesis/available/etd-03162010-115928/ >

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