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The influence of knowledge related to innovative performance

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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.

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  • Leiva, Juan Carlos & Brenes-Sanchez, Ronald, 2018. "The influence of knowledge related to innovative performance," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 23(45), pages 138-149.
    • Handle: RePEc:ris:joefas:0124
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    Cited by:

    1. Demuner-Flores, María del Rosario & Saavedra-García, María Luisa & Ibarra-Cisneros, Manuel Alejandro, 2021. "Influence of absorption capacity on response capacity in small Mexican manufacturing companies," TEC Empresarial, School of Business, Costa Rica Institute of Technology (ITCR), vol. 15(2), pages 34-49.
    2. 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.

    More about this item

    Keywords

    Entrepreneurial learning; Business innovation; Young firm performance;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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