Schumpeterian Entry: Innovation, Exporting, and Growth Aspirations of Entrepreneurs

Saul Estrin, Julia Korosteleva and Tomasz Mickiewicz

Entrepreneurship Theory and Practice, 2022, vol. 46, issue 2, 269-296

Abstract: We posit that entrepreneurs who engage in strategic activities will have high growth aspirations. Our proposed mechanism is that strategic engagements, specifically product innovation, process innovation and internationalization, open entrepreneurial ventures to learning, and thereby greater growth opportunities. Furthermore, these learning effects are reinforced in research-intensive industrial environments. We apply multilevel random slope estimation for individuals from 74 countries, 2001–2015, to derive results consistent with our hypotheses. The findings are robust to potential reverse causality between strategic behavior and growth aspirations, and to selection bias resulting from strategic engagements being only observed for actual entrepreneurs.

Keywords: innovation; exporting; entrepreneurship; growth aspirations; knowledge; global entrepreneurship monitor (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (10)

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Working Paper: Schumpeterian entry: innovation, exporting, and growth aspirations of entrepreneurs (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:entthe:v:46:y:2022:i:2:p:269-296

DOI: 10.1177/1042258720909771

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