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 conferencePaper

1 Citation (Scopus)

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 languageEnglish
DOIs
Publication statusPublished - 1 Jan 2008
Event68th Annual Meeting of the Academy of Management, AOM 2008 - Anaheim, CA, USA United States
Duration: 8 Aug 200813 Aug 2008

Conference

Conference68th Annual Meeting of the Academy of Management, AOM 2008
CountryUSA United States
CityAnaheim, CA
Period8/08/0813/08/08

Keywords

  • Entrepreneurship
  • Innovation
  • Start-ups

ASJC Scopus subject areas

  • Management Information Systems
  • Management of Technology and Innovation

Cite this

Criscuolo, P., Nicolaou, N., & Salter, A. (2008). The elixir (or burden) of youth? Exploring differences in innovation between start-ups and established firms. Paper presented at 68th Annual Meeting of the Academy of Management, AOM 2008, Anaheim, CA, USA United States. https://doi.org/10.5465/ambpp.2008.33716581