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Prior knowledge and entrepreneurial innovative success

Author

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  • Uwe Cantner

    (School of Business and Economics, Friedrich-Schiller University Jena, Germany)

  • Maximilian Goethner

    (School of Business and Economics, Friedrich-Schiller University Jena, Germany)

  • Andreas Meder

    (School of Business and Economics, Friedrich-Schiller University Jena, Germany)

Abstract

This paper is concerned with the relationship between innovative success of entrepreneurs and their prior knowledge at the stage of firm formation. We distinguish between different kinds of experience an entrepreneur can possess and find evidence that the innovative success subsequent to firm formation is enhanced by entrepreneur's prior technological knowledge but not by prior market and organizational knowledge. Moreover we find that prior technological knowledge gathered through embeddedness within a research community has an additionally positive influence on post start-up innovative success. This is a first hint towards the importance of collective innovation activities.

Suggested Citation

  • Uwe Cantner & Maximilian Goethner & Andreas Meder, 2007. "Prior knowledge and entrepreneurial innovative success," Jena Economics Research Papers 2007-052, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2007-052
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    References listed on IDEAS

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    More about this item

    Keywords

    Entrepreneurship; Networks; Prior knowledge;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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