Determinants of Innovative Activity in Newly Founded Knowledge Intensive Business Service Firms

Andreas Koch and Harald Strotmann ()

Chapter 10 in Entrepreneurship in the Region, 2006, pp 195-224 from Springer

Abstract: Abstract The ability to innovate is an essential precondition for competitiveness in the knowledge economy both at the level of a single firm as well as at regional levels. Particularly, in sectors with a high rate of technological progress and where knowledge plays a major role, firms can achieve advantages by developing innovative products and services. Previous research has shown that small firms make a large contribution to innovation in developed economies and that innovation is an important means of entry for new firms (Acs and Audretsch, 1990).

Keywords: Innovative Activity; Spatial Proximity; Radical Innovation; Multinomial Logit Model; External Linkage (search for similar items in EconPapers)
Date: 2006
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DOI: 10.1007/0-387-28376-5_10

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