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Stellenwert und Bedeutung von Innovationsnetzwerken fuer Unternehmensgruendungen

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Abstract

The main focus of this paper is on the examination of the role and importance of innovation networks in the decision to found a firm and after entry to the market has taken place. For newly-founded firms from business sectors with high innovation intensity, the implications resulting from the involvement of ‚start-ups‘ in a network of innovation are more closely analyzed. The examinations show, on the one hand, that contact to innovation networks has a positive effect on the decision-making behaviour of those wishing to found a firm. The empirical analysis, on the other hand, underline the fact that membership of a network plays an important role after entry to the market has taken place. By exploiting external resources, ‚start-ups‘ can expand internally available R&D capacities and reduce (financial) restrictions on resource provision. This makes it possible to a notable extent to realize synergy effects and learn strategies for the commercial exploitation of innovation efforts. Finally, multivariate estimations show that network membership has a statistically highly significant effect - measured by turnover or the development of the number of employees - on the growth and market success of newly-founded firms.

Suggested Citation

  • Wolfgang Becker & Juergen Dietz, 2003. "Stellenwert und Bedeutung von Innovationsnetzwerken fuer Unternehmensgruendungen," Discussion Paper Series 237, Universitaet Augsburg, Institute for Economics.
  • Handle: RePEc:aug:augsbe:0237
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    File URL: http://www.wiwi.uni-augsburg.de/vwl/institut/paper/237.pdf
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    References listed on IDEAS

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    1. Ulrich Witt, 2006. "Evolutionary Economics," Papers on Economics and Evolution 2006-05, Philipps University Marburg, Department of Geography.
    2. Doris Schartinger, 2001. "Benchmarking industry—science relations: the role of framework conditions," Science and Public Policy, Oxford University Press, vol. 28(4), pages 247-258, August.
    3. Niosi, Jorge, 2002. "National systems of innovations are "x-efficient" (and x-effective): Why some are slow learners," Research Policy, Elsevier, pages 291-302.
    4. Markus Balzat, 2002. "The Theoretical Basis and the Empirical Treatment of National Innovation Systems," Discussion Paper Series 232, Universitaet Augsburg, Institute for Economics.
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    Cited by:

    1. Komar, Walter, 2005. "Kooperationsneigung, Vernetzung und Erfolg von Unternehmen - Das Beispiel der Biotechnologiebranche," IWH Discussion Papers 2/2005, Halle Institute for Economic Research (IWH).

    More about this item

    Keywords

    Innovation Network; Start-ups; Newly-founded Firms; Innovation Behavior; Technological Opportunities;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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