Micro-econometric analysis of innovative start-ups: the role of firm-specific factors and industry context in innovation propensity
Claudia Capozza,
Sergio Salomone and
Ernesto Somma
Industrial and Corporate Change, 2020, vol. 29, issue 4, 935-957
Abstract:
We explore the innovation-enabling factors in young innovative companies (YICs) considering different elements of firm-specific absorptive capacity along with factors related to the industrial structure. Evidence from Italian YICs, known as innovative start-ups whose creation was prompted by the Start-up Act in 2012, shows that absorptive capacity factors matter with differences for product and process innovation. Moreover, the configuration of the industry context remarkably shape innovation, providing implications for policy-makers seeking to improve the national competitiveness by sustaining new ventures of high technological value.
JEL-codes: L20 O30 (search for similar items in EconPapers)
Date: 2020
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