IDEAS home Printed from https://ideas.repec.org/a/bla/growch/v54y2023i3p771-793.html
   My bibliography  Save this article

Building innovative capacity in regional entrepreneurship and innovation (eco)systems: Startups versus incumbent firms

Author

Listed:
  • Wenying Fu
  • Haifeng Qian

Abstract

This article studies how three sets of regional factors—knowledge, agglomeration, and openness—impact and interact differently with startups and incumbent firms in their innovative capacity building. Based on a large dataset of Chinese high‐tech firms, regression analysis shows that the speed of growing startup innovative capacity relies positively on regional knowledge stock and localization economies. In addition to regional knowledge stock, incumbent innovative capacity building benefits from urbanization economies and regional openness. Favorable regional factors, including the presence of universities and the clustering of knowledge‐intensive peers, also enable startups (but not incumbents) to leverage internal knowledge assets into their innovative capacity. The results suggest that it is not only the access to the external knowledge environment but also proactive endeavors to cross‐fertilize between internal and external knowledge that underlie the eco‐systemic nature of startup innovative capacity building.

Suggested Citation

  • Wenying Fu & Haifeng Qian, 2023. "Building innovative capacity in regional entrepreneurship and innovation (eco)systems: Startups versus incumbent firms," Growth and Change, Wiley Blackwell, vol. 54(3), pages 771-793, September.
    • Handle: RePEc:bla:growch:v:54:y:2023:i:3:p:771-793
    DOI: 10.1111/grow.12673
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/grow.12673
    Download Restriction: no
    File URL: https://libkey.io/10.1111/grow.12673?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:growch:v:54:y:2023:i:3:p:771-793. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0017-4815 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.