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Finnish technology-intensive growth firms : individual capabilities during high-growth and internationalization

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Finnish technology-intensive growth firms : individual capabilities during high-growth and internationalization

Growth companies have been current topic for a few decades especially in the field of technological innovations and ventures. Global markets and escalating speed of new innovative solutions has provided an environment for new ventures to be born globals or to internationalize rapidly. Internationalization and even more naturally global operational environment enables companies to grow faster than previously and this has attracted new start-up companies into the markets. This study covers the topic of high growth, born globals and internationalization in technology companies from employee capability perspective. The research of this study answers questions of what kind of key capabilities and skills are required from employees in growth companies and how these skills and capabilities are developed. Also, impacts of high growth on employees is covered in this study. The research setting was built on Finnish technology-intensive growth firms. In total, five HR and management level representatives were interviewed on their company’s views on research questions. The data from interviews was transcribed and analyzed by using content analysis method. Theme mapping was used to create logical structures within the phenomenon. The main finding from the results was that high growth companies within the technology industry rely on their employees to be in personal responsibility of developing new skills. Company participation on developing skills and capabilities comes often in latter stage of high growth when HR structures are created. Entrepreneurial attitude and learning capabilities are the most important features of a growth company employee within this industry .

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