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Prior knowledge and entrepreneurial innovative success

Uwe Cantner (), Maximilian Goethner () and Andreas Meder ()
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Maximilian Goethner: School of Business and Economics, Friedrich-Schiller University Jena, Germany

Authors registered in the RePEc Author Service: Maximilian Göthner

No 2007-052, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: This paper is concerned with the relationship between innovative success of entrepreneurs and their prior knowledge at the stage of firm formation. We distinguish between different kinds of experience an entrepreneur can possess and find evidence that the innovative success subsequent to firm formation is enhanced by entrepreneur's prior technological knowledge but not by prior market and organizational knowledge. Moreover we find that prior technological knowledge gathered through embeddedness within a research community has an additionally positive influence on post start-up innovative success. This is a first hint towards the importance of collective innovation activities.

Keywords: Entrepreneurship; Networks; Prior knowledge (search for similar items in EconPapers)
JEL-codes: L25 O31 Z13 (search for similar items in EconPapers)
Date: 2007-08-27
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-ino, nep-ipr, nep-pr~, nep-knm, nep-net, nep-soc and nep-tid
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Chapter: Prior Knowledge and Entrepreneurial Innovative Success (2010)
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