Unpacking liabilities of newness and smallness in innovative start-ups: Investigating the differences in innovation performance between new and older small firms

Gimenez‐Fernandez, Elena M.; Sandulli, Francesco Domenico; Bogers, Marcel

doi:10.1016/j.respol.2020.104049

Cited by 139 publications

(107 citation statements)

References 96 publications

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“…However, advanced systems help collect a wealth of information that assists in the decision-making process, increasing the performance profitability and efficiency in the firm [56]. Previous works suggested that the development of a unique process or routine to perform the activities and tasks can considerably increase innovation performance [57][58][59]. Thus, firms without adequate systems or processes cannot reach their full potential.…”

Section: Theoretical Background and Hypothesis Development 21 Implications Of Intellectual Capital On Innovation Performancementioning

confidence: 99%

Dynamic Capabilities and Their Impact on Intellectual Capital and Innovation Performance

et al. 2021

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There is a high tendency for conversion from a statistical economy based on measuring tangible assets into investigating non-tangible capital drive in the present economic status worldwide. The implications of intellectual capital on innovation performance have widely attracted attention among researchers in the global arena. The present study investigated the impacts of intellectual capital on innovation performance in the banking sector as influencing non-tangible assets. Besides, the role of dynamic capabilities in moderating the relationship between intellectual capital and innovation performance was examined. A purposive sampling technique was applied to 364 participants from Iraqi commercial banks as the research context. Thereafter, structural equation modelling (SEM) was utilised to analyse the collected data from the survey questionnaire using SPSS.v25 and AMOS.v24. The study found that the employees’ levels of intellectual capital significantly increased toward innovativeness through the moderating role of dynamic capabilities between intellectual capital and innovation performance in the commercial banking sector for better competitive advantages. Consequently, the study provides valuable insights and guidance for academicians and practitioners on the impacts of developing intellectual capital on enhancing competitive performance, especially in the context of Iraqi commercial banks.

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Section: Theoretical Background and Hypothesis Development 21 Implications Of Intellectual Capital On Innovation Performancementioning

confidence: 99%

Dynamic Capabilities and Their Impact on Intellectual Capital and Innovation Performance

et al. 2021

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“…Although our sample is extensive (it ensures the statistical significance of results at the level 0.05), there is a chance that number of micro firms is not sufficient, especially that they are considered as a source of breakthrough innovations. Comparing start-ups to older established SMEs may be also interesting, especially that the most recent study of Gimenez-Fernandez et al [2020] found that external knowledge sourcing makes a higher contribution to the innovation performance of new compared to older small firms, but only in high-tech settings. Thus, future studies should also include and start-ups at different phases in the life cycle.…”

Section: Discussionmentioning

confidence: 99%

Does industry matter? Drivers and barriers for open innovation in high-tech and non-high-tech industries—Evidence from Poland

Dziurski

Sopińska

2020

International Journal of Management and Economics

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Firms adopt open innovation for different reasons, and they experience various barriers for open innovation. Thus, the paper aims to answer two questions: (1) what type of drivers and barriers for open innovation that are to be identified among innovative firms in Poland and (2) what kind of differences in motives and barriers between high-tech and non-high-tech industries can be identified. The authors analyzed drivers and barriers for open innovation drawn from a survey database of on 122 innovative firms in Poland by means of the CATI method. The study confirms that the concept of open innovation is adopted in high-tech as well as non-high-tech industries. The study also shows that the most important drivers in high-tech and non-high-tech industries are market-driven motives, whereas the most important barriers are related to legal and financial factors. Moreover, the research does not confirm that there are different drivers and barriers between in high-tech and non-high-tech industries.

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“…While prior empirical studies of stakeholder management have focused on either large firms [ 12 , 13 ] or small firms [ 14 , 39 ], few studies have contrasted the two. Comparing large and small firms is both theoretically and practically important since they possess different levels of motivation and ability to acquire and absorb external environmental knowledge [ 73 , 85 ]. Our analysis of the contingency of firm size thus improves understanding of how multiple stakeholders influence firm eco-efficiency and adds more nuance to the process through which firms strategically use their stakeholder relationship to simultaneously achieve environmental responsibility and competitive advantage.…”

Section: Discussionmentioning

confidence: 99%

Eco-Efficiency and Private Firms’ Relationships with Heterogeneous Public Stakeholders in China

Chen

Liu

2020

IJERPH

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Private firms have been struggling to simultaneously achieve both environmental and economic goals. The concept of eco-efficiency captures the extent to which firms gain competitiveness through environmental management. Based on stakeholder salience theory and organizational learning theory, this study proposes that relationship with public stakeholders can hinder or promote private firms’ eco-efficiency. Our findings showed that firm eco-efficiency is reduced by a relationship with the government but is enhanced by relationships with non-governmental organizations (NGOs). This study also found that the effects on eco-efficiency of a firm’s relationship with public stakeholders are contingent on firm size. The findings of this study shed light on the organizational learning perspective of eco-efficiency and multi-stakeholder management by theoretically and empirically differentiating the effects on firm eco-efficiency of relationships with the government and NGOs.

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Unpacking liabilities of newness and smallness in innovative start-ups: Investigating the differences in innovation performance between new and older small firms

Cited by 139 publications

References 96 publications

Dynamic Capabilities and Their Impact on Intellectual Capital and Innovation Performance

Dynamic Capabilities and Their Impact on Intellectual Capital and Innovation Performance

Does industry matter? Drivers and barriers for open innovation in high-tech and non-high-tech industries—Evidence from Poland

Eco-Efficiency and Private Firms’ Relationships with Heterogeneous Public Stakeholders in China

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