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To be born is not enough: the key role of innovative start-ups

Author

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  • Alessandra Colombelli

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis - UCA - Université Côte d'Azur - CNRS - Centre National de la Recherche Scientifique)

  • Jackie Krafft

    (LRS - Laboratoire de Réactivité de Surface - UPMC - Université Pierre et Marie Curie - Paris 6 - CNRS - Centre National de la Recherche Scientifique)

  • Marco Vivarelli

    (Università Cattolica del Sacro Cuore - Facoltà di Scienze bancarie, finanziarie e assicurative - Università Cattolica del Sacro Cuore di Milano)

Abstract

This paper investigates the reasons why entry per se is not necessarily good and the evidence showing that innovative start-ups survive longer than their non-innovative counterparts. In this framework, our own empirical analysis shows that greater survival is achieved when start-ups engage successfully in both product innovation and process innovation, with a key role of the latter. Moreover, this study goes beyond a purely microeconomic perspective and discusses the key role of the environment within which innovative entries occur. What shown and discussed in this contribution strongly supports the proposal that the creation and survival of innovative start-ups should become one qualifying point of the economic policy agenda.

Suggested Citation

  • Alessandra Colombelli & Jackie Krafft & Marco Vivarelli, 2016. "To be born is not enough: the key role of innovative start-ups," Post-Print halshs-01248721, HAL.
  • Handle: RePEc:hal:journl:halshs-01248721
    DOI: 10.1007/s11187-016-9716-y
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01248721
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    Cited by:

    1. -, 2017. "La Encuesta Nacional de Dinámica de Empleo e Innovación (ENDEI) como herramienta de análisis: la innovación y el empleo en la industria manufacturera argentina," Documentos de Proyectos 42490, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Alex Coad & Jacob Rubæk Holm & Jackie Krafft & Francesco Quatraro, 2018. "Firm age and performance," Journal of Evolutionary Economics, Springer, vol. 28(1), pages 1-11, January.
    3. Elena Cefis & Orietta Marsili, 2018. "Good Times, Bad Times: Innovation and Survival over the Business Cycle," LEM Papers Series 2018/02, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    4. Marco Pini & Paolo Quirino, 2016. "Piccole imprese e family business: evoluzione, divari territoriali, governance e competitività," RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO, FrancoAngeli Editore, vol. 2016(2), pages 71-100.
    5. repec:kap:sbusec:v:49:y:2017:i:1:d:10.1007_s11187-017-9865-7 is not listed on IDEAS

    More about this item

    Keywords

    Innovation; Start-ups; Surviva; l Product innovation; Process innovation;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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