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Which Factors Favour Becoming a Technology-Based & Highly Innovative Firm? The Role of Knowledge, Technological and Managerial Capabilities, and Entrepreneurs´ Education Background

In: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Split, Croatia, 6-8 September 2018

Author

Listed:
  • González-Cruz, Tomás
  • Clemente, Jose Antonio
  • Camisón-Haba, Sergio

Abstract

Which resources and capabilities ease the change to become a Technology-Based and Highly Innovative Firm –TB&InnF–, focused in the creation of value to market? We analyse this question using a novel data panel assembled for 326 Spanish industrial firms, along the period 1984-2012. Our findings show the probability of becoming a TB&InnF growths when firms are able to accumulate a high endowment of knowledge and technological capabilities, and a managerial team with: experience, strong power position and previous technical and managerial education. Results also indicate the CEO´s educational profile in management is preferable to a pure technical profile, because this complements firm´s knowledge and technological capabilities and enables the transformation of a scientific or technological project into a successful entrepreneurial innovation, which creates new value to market.

Suggested Citation

  • González-Cruz, Tomás & Clemente, Jose Antonio & Camisón-Haba, Sergio, 2018. "Which Factors Favour Becoming a Technology-Based & Highly Innovative Firm? The Role of Knowledge, Technological and Managerial Capabilities, and Entrepreneurs´ Education Background," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2018), Split, Croatia, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Split, Croatia, 6-8 September 2018, pages 494-508, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
    • Handle: RePEc:zbw:entr18:183863
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    References listed on IDEAS

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    More about this item

    Keywords

    technology-based & highly innovative firm; knowledge-based capabilities; technological capabilities; managerial capabilities; entrepreneurial education;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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