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We find that serial innovators, survivors among the specialist technology suppliers, have mastered innovating in technology with these characteristics.
Both are serial innovators.
But there were some serial innovators who could not be classified.
We label such firms "serial innovators" and argue that they are often specialist suppliers in markets for technology.
The underlying premise and contribution of this study is that all small technology-based firms are not the same and that serial innovators are more effective at leveraging cluster-based resources than non-serial innovators, even when they operate in the same industry.
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Ray Kurzweil, a serial innovator, engineer and prognosticator, believes it will happen by 2029.
In addition, our analysis indicates that overall serial innovator firms benefit more from industrial clustering in terms of internationalization than non-serial innovator firms.
Serial innovator firms are a set of small, long-lived technology-based firms with a stellar record of inventive success.
Serial innovator Mike Hooven, while an executive-in-residence at CincyTech, became interested in a technology for a painless vaccination system conceived by researchers at Cincinnati Children's Hospital.
For conceptual artists or entrepreneurs, the secret to becoming a serial innovator was famously given by Monty Python: make one discovery, "And Now for Something Completely Different".
In contrast, non-serial innovators are small technology-based firms with much weaker inventive capabilities.
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