Innovation and the determinants of company survival

Buddelmeyer, Hielke; Jensen, Paul H.; Webster, Elizabeth

doi:10.1093/oep/gpp012

Cited by 159 publications

(108 citation statements)

References 40 publications

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“…Various authors (Cockburn and Wagner, 2007;Buddelmeyer et al, 2009) In terms of the size of the business, the question is whether firm size at the start of the life cycle has any effect on subsequent survival (Agarwal and Audretsch, 2001). Some researchers have showed that firms that initiate their activity with a larger size are more likely to grow than firms that start small (Fritsch, Brixy and Falck, 2006).…”

Section: Technology-based Firms and Survivalmentioning

confidence: 99%

Firm survival: The role of incubators and business characteristics

Más‐Verdú

Soriano

Roig‐Tierno

2015

Journal of Business Research

206

105

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The main objective of this research is to analyze the impact of business incubatorson the survival of their associated firms. Using a configurational comparative method, the fuzzy-set qualitative comparative analysis (fs/QCA), it also examines whether the degree of business innovation, size, sector of activity and export activity affect firm survival. One of the most notable conclusions from this analysis is that the survival of a firm is related with at least some of the following characteristics: the firm must be technology-based, its productive focus is on goods (rather than on services), or that it is located within the specific environment of A business incubator.

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Section: Technology-based Firms and Survivalmentioning

confidence: 99%

Firm survival: The role of incubators and business characteristics

Más‐Verdú

Soriano

Roig‐Tierno

2015

Journal of Business Research

206

105

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“…One specific form of uncertainty embedded within the innovation process relates to the issue of whether the developed concept qualifies for intellectual property protection, such as a patent or trade mark (Buddelmyer et al 2010). Uncertainty regarding copyright is typical in the field of software development.…”

Section: Regulatory/institutional Uncertaintymentioning

confidence: 99%

The uncertainty of innovation: a systematic review of the literature

Jalonen

2011

jmr

120

105

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Innovation is defined as a process that is fraught with uncertainty. This article's aim is to diminish lack of knowledge of the factors that create uncertainty in innovation processes. The basic thrust of the present argument is that the potential value integral to innovation may or may not be materialized in the future. Given that the future entails uncertainty, it is reasonable to expect that uncertainty is inherent in every innovation process. Uncertainty results from the fact that, on the one hand, events in the future do not follow the course of past events, and, on the other, knowledge of the future is always incomplete. Using a systematic approach to reviewing the literature, eight factors which create uncertainty in processes of innovation were identified, namely: technological uncertainty, market uncertainty, regulatory/institutional uncertainty, social/political uncertainty, acceptance/legitimacy uncertainty, managerial uncertainty, timing uncertainty, and consequence uncertainty.

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“…This phase of industrial development may be characterized by expansion of each farm. We examined whether such development was made possible at least partly by improved efficiency due to reallocation of resources brought about by the exit of less efficient firms and by productivity enhancement as a result of takeover (Hirschman, 1970;Lichtenberg and Siegel, 1987;Bertrand and Zitouna, 2008;Dimara et al, 2008;Plehn-Dujowich, 2009;Buddelmeyer et al, 2010).…”

Section: Descriptive Analysesmentioning

confidence: 99%

Industrial Development through Takeovers and Exits: The Case of the Cut Flower Exporters in Ethiopia

A¹

2015

J Entrepren Organiz Manag

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The exit and takeover of firms influence the structure and economic efficiency of an industry. The existing literature suggests that firms gradually learn about their own productivity. Some stagnate and ultimately exit if they encounter unfavorable prospects; others survive and grow. This selection process implies that the probability of firm exit initially increases with firm age as learning progresses before it eventually falls as learning is completed. We use a firm-level panel of Ethiopia's cut flower industry to confirm this theoretical implication. The empirical results also suggest that takeover improves productivity and profitability of average firms endowed with a favorable business environment.2

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Innovation and the determinants of company survival

Cited by 159 publications

References 40 publications

Firm survival: The role of incubators and business characteristics

Firm survival: The role of incubators and business characteristics

The uncertainty of innovation: a systematic review of the literature

Industrial Development through Takeovers and Exits: The Case of the Cut Flower Exporters in Ethiopia

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