Project/Area Number |
10430027
|
Research Category |
Grant-in-Aid for Scientific Research (B)
|
Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
Business administration
|
Research Institution | Osaka City University |
Principal Investigator |
OKANO Hiroshi Osaka City University, Faculty of Business, Professor, 商学部, 教授 (70204005)
|
Co-Investigator(Kenkyū-buntansha) |
YAMADA Kozo Okayama University, Faculty of Economics, Associate Professor, 経済学部, 助教授 (40240014)
KUTSUNA Kenji Osaka City University, Institute of Economic Research, Associate Professor, 経済研究所, 助教授 (00275273)
AKASHI Yoshihiko Osaka City University, Institute of Economic Research, Professor, 経済研究所, 教授 (00150970)
|
Project Period (FY) |
1998 – 1999
|
Project Status |
Completed (Fiscal Year 1999)
|
Budget Amount *help |
¥9,900,000 (Direct Cost: ¥9,900,000)
Fiscal Year 1999: ¥5,600,000 (Direct Cost: ¥5,600,000)
Fiscal Year 1998: ¥4,300,000 (Direct Cost: ¥4,300,000)
|
Keywords | IPO / Technology Development / R&D / Core / Technology / Know-how / Structure of Holding Stocks / Performance / 株式保有構造 / 業績パフォーマンス / ベンチャー / 中小企業 / 株式公開 |
Research Abstract |
Management To analyze questionnaires done in 1998 made clear that core competitive factors of IPO companies were (1) flexibility based on the vision of top management, (2) autonomic strategic activities at operational level, (3) establishing day to day operation and quality control, (4) functional organization which is relevant to business domain. This shows the ability to manage the inter-contradicting factors, entrepreneur activities and establishing organizational structure. Research and Development Technology Some specification of R&D of new materials are identified. Also the difference between assembly and process companies, market-oriented and technology-oriented companies, start-up and growth stages, profit and cost management of new product and technology. Finance The relationship between performance and the structure of holding stocks of IPO companies and its change are discussed. Companies that realize their own core idea, especially service companies won the highest growth rate among IPO companies. The longer the tern from establishing to IPO is, the more growth rate and profitability are. Most of IPO companies are focusing not patent but new product development, and seeking for know-how of technology and channel of sales as competitive advantages.
|