The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms

Paola Criscuolo; Nicos Nicolaou; Ammon Salter

The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms

Paola Criscuolo, Nicos Nicolaou, Ammon Salter

Research output: Contribution to conference › Paper › peer-review

Abstract

Despite the widely acknowledged role of start-ups in economic development, we still know little about their innovative activities compared with those of established firms. Drawing upon a large sample of UK firms, this paper uses a matching estimator approach to explore the disparity between start-ups and established firms in terms of their innovative performance. The paper demonstrates that start-ups do differ significantly from established firms in their innovation activities. We find that being a new firm increases the likelihood of innovating in terms of new products and organizational arrangements, whereas start-ups are no more likely than established firms to introduce new processes. We explore the implications of these findings for theory and future research.

Original language	English
Publication status	Published - 1 Dec 2008
Event	68th Annual Meeting of the Academy of Management, AOM 2008 - Anaheim, CA, USA United States Duration: 8 Aug 2008 → 13 Aug 2008

Conference

Conference	68th Annual Meeting of the Academy of Management, AOM 2008
Country/Territory	USA United States
City	Anaheim, CA
Period	8/08/08 → 13/08/08

Keywords

Entrepreneurship
Innovation
Start-ups

ASJC Scopus subject areas

Management Information Systems
Management of Technology and Innovation

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Cite this

@conference{3e5341cf411e45d5953748bf80d7b077,

title = "The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms",

abstract = "Despite the widely acknowledged role of start-ups in economic development, we still know little about their innovative activities compared with those of established firms. Drawing upon a large sample of UK firms, this paper uses a matching estimator approach to explore the disparity between start-ups and established firms in terms of their innovative performance. The paper demonstrates that start-ups do differ significantly from established firms in their innovation activities. We find that being a new firm increases the likelihood of innovating in terms of new products and organizational arrangements, whereas start-ups are no more likely than established firms to introduce new processes. We explore the implications of these findings for theory and future research.",

keywords = "Entrepreneurship, Innovation, Start-ups",

author = "Paola Criscuolo and Nicos Nicolaou and Ammon Salter",

year = "2008",

month = dec,

day = "1",

language = "English",

note = "68th Annual Meeting of the Academy of Management, AOM 2008 ; Conference date: 08-08-2008 Through 13-08-2008",

}

TY - CONF

T1 - The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms

AU - Criscuolo, Paola

AU - Nicolaou, Nicos

AU - Salter, Ammon

PY - 2008/12/1

Y1 - 2008/12/1

N2 - Despite the widely acknowledged role of start-ups in economic development, we still know little about their innovative activities compared with those of established firms. Drawing upon a large sample of UK firms, this paper uses a matching estimator approach to explore the disparity between start-ups and established firms in terms of their innovative performance. The paper demonstrates that start-ups do differ significantly from established firms in their innovation activities. We find that being a new firm increases the likelihood of innovating in terms of new products and organizational arrangements, whereas start-ups are no more likely than established firms to introduce new processes. We explore the implications of these findings for theory and future research.

AB - Despite the widely acknowledged role of start-ups in economic development, we still know little about their innovative activities compared with those of established firms. Drawing upon a large sample of UK firms, this paper uses a matching estimator approach to explore the disparity between start-ups and established firms in terms of their innovative performance. The paper demonstrates that start-ups do differ significantly from established firms in their innovation activities. We find that being a new firm increases the likelihood of innovating in terms of new products and organizational arrangements, whereas start-ups are no more likely than established firms to introduce new processes. We explore the implications of these findings for theory and future research.

KW - Entrepreneurship

KW - Innovation

KW - Start-ups

UR - http://www.scopus.com/inward/record.url?scp=84858403233&partnerID=8YFLogxK

M3 - Paper

T2 - 68th Annual Meeting of the Academy of Management, AOM 2008

Y2 - 8 August 2008 through 13 August 2008

ER -

The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms

Abstract

Conference

Keywords

ASJC Scopus subject areas

UN SDGs

Other files and links

Fingerprint

Cite this