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On regional innovator networks as hubs for innovative ventures

Author

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  • Uwe Cantner

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

  • Tina Wolf

    (University of Southern Denmark, Odense)

Abstract

At least since Schumpeter published his work 'The Theory of Economic Development' (1912), a wide body of literature has focused on the evolutionary process behind firm growth and survival. Recently a growing interest is devoted to the variable 'location' as a critical factor, shaping firm performance. However, less attention has been paid to the region-specific characteristics that may play a relevant role in determining the growth and survival of a firm. Some works see university-based knowledge spillovers as one such factor (Audretsch and Lehmann 2005, Cassia et al. 2009). This paper extends this approach to the regional innovator network, promoting region-specific knowledge spillovers. Two data bases are applied. First, patent data delivers the innovator network for Thuringia. The second data base contains firm specific information on innovative ventures founded in Thuringia in the period between 1990 and 2006. The results show that the firm's individual probability to be innovative and connected to the innovator network positively influences the chances of this firm to survive.

Suggested Citation

  • Uwe Cantner & Tina Wolf, 2016. "On regional innovator networks as hubs for innovative ventures," Jena Economic Research Papers 2016-006, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2016-006
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    References listed on IDEAS

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    Cited by:

    1. Mark J. O. Bagley, 2019. "Networks, geography and the survival of the firm," Journal of Evolutionary Economics, Springer, vol. 29(4), pages 1173-1209, September.
    2. Uwe Cantner & Tina Wolf, 2018. "The Selective Nature of Innovator Networks: From the Nascent to the Early Growth Phase of the Organizational Life Cycle," Studies on Entrepreneurship, Structural Change and Industrial Dynamics, in: Serena Cubico & Giuseppe Favretto & João Leitão & Uwe Cantner (ed.), Entrepreneurship and the Industry Life Cycle, pages 175-204, Springer.

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    More about this item

    Keywords

    Innovation; Entrepreneurship; Networks; Inventor; Patents; Survival;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation
    • P25 - Economic Systems - - Socialist Systems and Transition Economies - - - Urban, Rural, and Regional Economics
    • 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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