Determinants of young firms’ innovative performance: Empirical evidence from Europe

Πρωτόγερου, Αιμιλία; Caloghirou, Yannis; Vonortas, Nicholas S.

doi:10.1016/j.respol.2017.05.011

Cited by 139 publications

(140 citation statements)

References 72 publications

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“…Castellacci and Lie [13] and Bossle et al [4] point out that firm size has a significant effect in this regard, whereas Pinget et al [38] show that older firms are more likely to develop and adopt eco-innovations because they possess more competences, knowledge and resources to support an environmental innovation strategy. A similar conclusion is reached by Protogerou et al [39], who show that young and small firms can suffer from the liability of newness, and that small firms have limited innovation opportunities and limited knowledge resources. Cassiman et al [40] explain that there is a positive relationship between exports and innovation, whereas Pinget et al [38] show that internationalized firms are more likely to develop environmental strategies.…”

Section: Drivers or Determinants Of (Eco) Innovationsupporting

confidence: 76%

A Taxonomy of Eco-Innovation Types in SMEs: Exploring Different Firm Profiles in the Canadian Wine Industry

Doloreux

Kraft

2019

Sustainability

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The paper examines eco-innovation strategies in the Canadian wine industry. It uses firm-level data of 151 wine firms that developed eco-innovations between 2015 and 2017 to build a taxonomy of four eco-innovation strategies: (i) eco-innovation laggers, (ii) product-oriented eco-innovators, (iii) process-oriented eco-innovators, and (iv) fully integrated eco-innovators. We then characterize these eco-innovation strategies with respect to firm-level innovation capabilities, firms’ knowledge openness, and firms’ specific characteristics. The results reveal heterogeneity in eco-innovation strategies and show that these strategies exhibit different configurations of innovation-related conditions and firm characteristics.

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Section: Drivers or Determinants Of (Eco) Innovationsupporting

confidence: 76%

A Taxonomy of Eco-Innovation Types in SMEs: Exploring Different Firm Profiles in the Canadian Wine Industry

Doloreux

Kraft

2019

Sustainability

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“…The survey includes new ventures from hightech manufacturing (420 firms), low-tech manufacturing (1602), and services (1982) from 10 European countries. There were conceptual reasons for sampling across different sectors and countries, and a presentation of the survey, descriptive statistics, and analysis can be found in Caloghirou and Protogerou 2016;Protogerou et al 2017;Gifford et al 2018).…”

Section: Empirical Definition Of Kiementioning

confidence: 99%

Knowledge-intensive innovative entrepreneurship integrating Schumpeter, evolutionary economics, and innovation systems

2018

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This article proposes a novel conceptualization of knowledge-intensive innovative entrepreneurship, which can capture the main characteristics of a vital phenomenon in the modern economy. Our conceptualization is based upon the integration of Schumpeterian entrepreneurship, evolutionary economics, and innovation systems approach. It consists of a theoretical definition and a stylized process model. According to this view, knowledgeintensive innovative entrepreneurs are involved in the creation, diffusion, and use of knowledge; introduce new products and technologies; draw resources and ideas from their innovation system; and introduce change and dynamism into the economy. In the article, we also offer an empirical definition of knowledge-intensive innovative entrepreneurship, which we then use to identify its key characteristics and relevance. We conclude with recommendations for a future research agenda.

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“…Therefore, their effect on employment might differ substantially between the two. Recent empirical evidence has also shown that young firms substantially rely on embodied technical change from external sources (Pellegrino et al, 2012;Protogerou et al, 2017). Future research should address more in detail the importance of internal vs external sources of technical change for the growth performance of newly-established firms.…”

Section: Limitations and Future Researchmentioning

confidence: 99%

Innovation and job creation in (high-growth) new firms

Santoleri

2019

Industrial and Corporate Change

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Recent research has underscored the prominent role played by a small fraction of fast-growing new firms in contributing to aggregate net employment growth. While it is typically assumed that those firms experience this superior performance thanks to their ability in undertaking technological innovation, few empirical studies have explicitly addressed this issue. This article examines the innovation-employment nexus for startups using the Kauffman Firm Survey, a unique longitudinal dataset tracking a single cohort of US firms founded in 2004. Results based on fixed effects panel quantile regressions indicate an overall positive but heterogeneous effect of innovation activities on the conditional employment growth distribution. More in detail, the findings reveal that both research and development and patents have a positive association with employment growth especially for those new firms experiencing high growth.

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Determinants of young firms’ innovative performance: Empirical evidence from Europe

Cited by 139 publications

References 72 publications

A Taxonomy of Eco-Innovation Types in SMEs: Exploring Different Firm Profiles in the Canadian Wine Industry

A Taxonomy of Eco-Innovation Types in SMEs: Exploring Different Firm Profiles in the Canadian Wine Industry

Knowledge-intensive innovative entrepreneurship integrating Schumpeter, evolutionary economics, and innovation systems

Innovation and job creation in (high-growth) new firms

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