Innovation in immigrant-owned firms

Yuri Ostrovsky and Garnett Picot ()
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Garnett Picot: Immigration, Refugees and Citizenship Canada, Research and Evaluation Branch

Small Business Economics, 2021, vol. 57, issue 4, No 13, 1857-1874

Abstract: Abstract We use data from a nationally representative survey of Canadian firms in 2011, 2014 and 2017 and ask whether immigrant-owned small- and medium-sized firms were more likely than those owned by Canadian-born individuals to implement an innovation. We examined the likelihood of implementing product, process, organizational and marketing innovations, and five types of intellectual property: registered trademarks, patents, registered industrial designs, trade secrets and non-disclosure agreements. The methodology consists of using a coarsened exact matching (CEM) followed by a probit-based analysis to control for both firm and owner characteristics. Both adjusted and unadjusted results indicate that an immigrant-owned firm was more likely to implement a product or process innovation, regardless of whether the immigrant owner was a recent or longer tenured immigrant.

Keywords: Immigrants; Firm owners; SME; Innovation; Matching (search for similar items in EconPapers)
JEL-codes: J15 L26 M21 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (5)

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DOI: 10.1007/s11187-020-00376-2

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