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Impact: Knowledge-Intensive Innovative Entrepreneurship

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  • Malerba, Franco
  • McKelvey, Maureen

Abstract

The interplay between innovation, knowledge and entrepreneurship constitutes a major driver of the economic, social and cultural development in modern societies and has major implications for public policy. To understand these broad trends, a novel literature on knowledge-intensive innovative entrepreneurship has recently emerged. In this book we provide a presentation of the key concepts, the relevant empirical findings and the main specific insights. We take a Schumpeterian, evolutionary and innovation system view of entrepreneurship, knowledge and innovation. In the conceptual framework proposed in this book, knowledge-intensive innovative entrepreneurs are involved in the creation, diffusion and use of knowledge; introduce new products and technologies; draw resources and ideas from the innovation system in which they operate; and introduce change and dynamism into the economy. This volume provides detailed insights into the progress made in defining and understanding knowledge-intensive innovative entrepreneurship both theoretically and empirically; in discussing the current analytical understanding and empirical evidence; and in proposing the key directions and topics for future research.

Suggested Citation

  • Malerba, Franco & McKelvey, Maureen, 2019. "Impact: Knowledge-Intensive Innovative Entrepreneurship," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 14(6), pages 555-681, January.
    • Handle: RePEc:now:fntent:0300000075
    DOI: 10.1561/0300000075
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    References listed on IDEAS

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    2. Johan Wiklund & DEAN Shepherd, 2003. "Knowledge‐based resources, entrepreneurial orientation, and the performance of small and medium‐sized businesses," Strategic Management Journal, Wiley Blackwell, vol. 24(13), pages 1307-1314, December.
    3. Sidney G. Winter, 2016. "The place of entrepreneurship in “The Economics that Might Have Been”," Small Business Economics, Springer, vol. 47(1), pages 15-34, June.
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    Cited by:

    1. Piñeiro-Chousa, Juan & López-Cabarcos, M. Ángeles & Romero-Castro, Noelia María & Pérez-Pico, Ada María, 2020. "Innovation, entrepreneurship and knowledge in the business scientific field: Mapping the research front," Journal of Business Research, Elsevier, vol. 115(C), pages 475-485.
    2. Albert N. Link & Cody A. Morris & Martijn Hasselt, 2021. "The impact of the third sector of R&D on the innovative performance of entrepreneurial firms," Small Business Economics, Springer, vol. 57(3), pages 1413-1418, October.
    3. Galindo-Martín, Miguel-Ángel & Castaño-Martínez, María-Soledad & Méndez-Picazo, María-Teresa, 2021. "The role of entrepreneurship in different economic phases," Journal of Business Research, Elsevier, vol. 122(C), pages 171-179.
    4. Liu, Jiali & Zhou, Haibo & Chen, Feng & Yu, Jiang, 2022. "The coevolution of innovation ecosystems and the strategic growth paths of knowledge-intensive enterprises: The case of China’s integrated circuit design industry," Journal of Business Research, Elsevier, vol. 144(C), pages 428-439.
    5. Kotsopoulos, Dimosthenis & Karagianaki, Angeliki & Baloutsos, Stratos, 2022. "The effect of human capital, innovation capacity, and Covid-19 crisis on Knowledge-Intensive Enterprises’ growth within a VC-driven innovation ecosystem," Journal of Business Research, Elsevier, vol. 139(C), pages 1177-1191.

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    More about this item

    Keywords

    Nascent and start-up entrepreneurs; Small business and economic growth;

    JEL classification:

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

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