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The influence of knowledge related to innovative performance

Author

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  • Juan Carlos Leiva
  • Ronald Brenes-Sanchez

Abstract

Purpose - This paper aims to assess knowledge relatedness as a possible determinant of business innovation performance. Knowledge relatedness is understood as the degree of similarity between a firm’s knowledge and that of its parent, i.e. the company that the entrepreneur leaves to establish his or her own firm. Innovation performance results from the competitive position that the company achieves through its management of new products and services on the market. Design/methodology/approach - For the empirical work, the authors used a database composed of 356 entrepreneurs who established recently their own business in Costa Rica: people who stopped working in multinational companies in Costa Rica and created their own businesses, and people who created their own businesses simultaneously as the former employees of multinationals. Findings - This paper reports a positive and significant correlation between knowledge relatedness and innovation performance for a number of young firms. Originality/value - This paper presents the fact of including knowledge relatedness as a research topic linked to business innovation.

Suggested Citation

  • Juan Carlos Leiva & Ronald Brenes-Sanchez, 2018. "The influence of knowledge related to innovative performance," Journal of Economics, Finance and Administrative Science, Emerald Group Publishing Limited, vol. 23(45), pages 138-149, May.
    • Handle: RePEc:eme:jefasp:jefas-11-2017-0106
    DOI: 10.1108/JEFAS-11-2017-0106
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    Cited by:

    1. Nandwa J. Musambayi & Henry Bwisa & Elizabeth Nambuswa, 2020. "Assessing the Influence of Formal Training Practices on innovation performance of Pharmaceutical Firms in Kenya," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(10), pages 185-195, October.

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