What Determines the Innovation Capability of Firm Founders?
AbstractInnovative start-ups, not start-ups in general, seem to be important drivers of economic growth. However, little is known about how such firms look like. As activities of start-ups are strongly related to firm founders, we investigate this question focusing on the innovation capability of firm founders. We find that the combination of different founder characteristics such as university education (at best a combination of technical and commercial education), prior experience in R&D, and strong motivation to realize own innovative ideas increases innovative activities of start-ups by more than 40%.
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Bibliographic InfoPaper provided by KOF Swiss Economic Institute, ETH Zurich in its series KOF Working papers with number 10-265.
Length: 29 pages
Date of creation: Sep 2010
Date of revision:
Start-ups; innovation; founder characteristics;
Other versions of this item:
- Spyros Arvanitis & Tobias Stucki, 2012. "What determines the innovation capability of firm founders?," Industrial and Corporate Change, Oxford University Press, vol. 21(4), pages 1049-1084, August.
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-12-18 (All new papers)
- NEP-CSE-2010-12-18 (Economics of Strategic Management)
- NEP-ENT-2010-12-18 (Entrepreneurship)
- NEP-INO-2010-12-18 (Innovation)
- NEP-PPM-2010-12-18 (Project, Program & Portfolio Management)
- NEP-SBM-2010-12-18 (Small Business Management)
- NEP-TID-2010-12-18 (Technology & Industrial Dynamics)
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- Spyros Arvanitis & Tobias Stucki, 2013. "The Impact of Venture Capital on the Persistence of Innovation Activities of Swiss Start-ups," KOF Working papers 13-332, KOF Swiss Economic Institute, ETH Zurich.
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