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Micro-econometric analysis of innovative start-ups: the role of firm-specific factors and industry context in innovation propensity

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  • Claudia Capozza
  • Sergio Salomone
  • Ernesto Somma

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.

Suggested Citation

  • Claudia Capozza & Sergio Salomone & Ernesto Somma, 2020. "Micro-econometric analysis of innovative start-ups: the role of firm-specific factors and industry context in innovation propensity," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(4), pages 935-957.
    • Handle: RePEc:oup:indcch:v:29:y:2020:i:4:p:935-957.
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    File URL: http://hdl.handle.net/10.1093/icc/dtaa006
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    Cited by:

    1. Segundo Abrahán Sanabria Gómez, 2022. "Progreso tecnológico y desigualdades económicas: una aproximación empírica para Colombia (1974-2015)," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 41(73), pages 85-112, February.

    More about this item

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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