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Firm growth and innovation

Author

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  • David Audretsch
  • Alex Coad
  • Agustí Segarra

    ()

Abstract

In recent years, there has been an increase in empirical and theoretical work that addresses the role of innovation as one of the main sources of firm growth. The purpose of this special issue is to strengthen the role played by innovation as a determinant of firm growth. Despite the emergence of a vast empirical literature on whether innovative firms grow more quickly in terms of sales and employees, a number of crucial questions and answers remain. While a large number of applied papers observe a positive link between innovation and firm growth, the complexity of R&D activities, together with the diversity of innovation strategies and the multiplicity of growth modes, requires a multidimensional approach to examine the contribution of innovations on firm growth. To shed light on the link between firm’ growth and innovation sources, we organized a meeting of leading scholars of firm’ growth and innovation. The papers of this special issue were presented at the workshop on ‘Firm growth and innovation’ held on 28 and 29 June, 2012, in Tarragona, Spain. The papers that compose this special issue deal in depth with innovation activity, firm growth and the interaction between firm growth and innovation. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • David Audretsch & Alex Coad & Agustí Segarra, 2014. "Firm growth and innovation," Small Business Economics, Springer, vol. 43(4), pages 743-749, December.
  • Handle: RePEc:kap:sbusec:v:43:y:2014:i:4:p:743-749
    DOI: 10.1007/s11187-014-9560-x
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. David B. Audretsch & Erik E. Lehmann & Matthias Menter, 2016. "Public cluster policy and new venture creation," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(4), pages 357-381, December.
    2. Zeting LIU & Blandine LAPERCHE, 2014. "Knowledge-capital formation and valorisation of French SMEs," Working Papers 39, Réseau de Recherche sur l’Innovation. / Research Network on Innovation.
    3. Alessandra Colombelli & Jackie Krafft & Francesco Quatraro, 2015. "Eco-innovation and firm growth: Do green gazelles run faster? Microeconometric evidence from a sample of European firms," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201516, University of Turin.
    4. Mafini Dosso & Fernando Hervas & Pietro Moncada-Paternò-Castello, 2015. "5th European Conference on Corporate R&D and Innovation CONCORDi 2015. Industrial Research and Innovation: Evidence for Policy – Background Note," JRC Working Papers JRC97469, Joint Research Centre (Seville site).
    5. Méndez Ortega, Carles, & Teruel, Mercedes, 2018. "To acquire or not to acquire: Mergers and Acquisitions in the Software Industry," Working Papers 2072/307043, Universitat Rovira i Virgili, Department of Economics.
    6. Alicia Rodríguez & María Jesús Nieto, 2016. "Does R&D offshoring lead to SME growth? Different governance modes and the mediating role of innovation," Strategic Management Journal, Wiley Blackwell, vol. 37(8), pages 1734-1753, August.
    7. Caterina Santi & Pietro Santoleri, 2017. "Exploring the link between innovation and growth in Chilean firms," Small Business Economics, Springer, vol. 49(2), pages 445-467, August.
    8. repec:kap:jtecht:v:42:y:2017:i:4:d:10.1007_s10961-016-9554-8 is not listed on IDEAS
    9. Vos, Frederik G.S. & Schiele, Holger & Hüttinger, Lisa, 2016. "Supplier satisfaction: Explanation and out-of-sample prediction," Journal of Business Research, Elsevier, vol. 69(10), pages 4613-4623.
    10. repec:aoj:agafsr:2017:p:37-44 is not listed on IDEAS
    11. repec:wfo:wstudy:57897 is not listed on IDEAS
    12. Stefano Bianchini & Giulio Bottazzi & Federico Tamagni, 2017. "What does (not) characterize persistent corporate high-growth?," Small Business Economics, Springer, vol. 48(3), pages 633-656, March.
    13. repec:ksa:szemle:1695 is not listed on IDEAS
    14. Francesco Lamperti & Roberto Mavilia & Simona Castellini, 2017. "The role of Science Parks: a puzzle of growth, innovation and R&D investments," The Journal of Technology Transfer, Springer, vol. 42(1), pages 158-183, February.
    15. repec:kap:jtecht:v:43:y:2018:i:3:d:10.1007_s10961-017-9626-4 is not listed on IDEAS
    16. repec:kap:sbusec:v:49:y:2017:i:2:d:10.1007_s11187-017-9847-9 is not listed on IDEAS
    17. Dario Guarascio & Federico Tamagni, 2016. "Persistence of innovation and patterns of firm growth," LEM Papers Series 2016/31, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

    More about this item

    Keywords

    Firm growth; Innovation; Persistence; R&D; L11; L25; L26; O31;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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