On regional innovator networks as hubs for innovative ventures

No 2016-006, Jena Economics Research Papers from Friedrich-Schiller-University Jena

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.

Keywords: Innovation; Entrepreneurship; Networks; Inventor; Patents; Survival (search for similar items in EconPapers)
JEL-codes: D85 L26 O31 P25 (search for similar items in EconPapers)
Date: 2016-04-15
New Economics Papers: this item is included in nep-bec, nep-cse, nep-ent, nep-ino, nep-ipr, nep-pr~, nep-net, nep-sbm, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://oweb.b67.uni-jena.de/Papers/jerp2016/wp_2016_006.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2016-006

Access Statistics for this paper

More papers in Jena Economics Research Papers from Friedrich-Schiller-University Jena
Bibliographic data for series maintained by Markus Pasche ().