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2010 | OriginalPaper | Buchkapitel

5. Prior Knowledge and Entrepreneurial Innovative Success

verfasst von : Uwe Cantner, Maximilian Goethner, Andreas Meder

Erschienen in: Entrepreneurship and Culture

Verlag: Springer Berlin Heidelberg

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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.

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Fußnoten
1
The “Handelsregister” is a public register that contains information about all entrepreneurs and founded firms in a register court district. All data about ownership and legal status are included.
 
2
Patents applied for in the years 2000 and 2001 are excluded here because the invention cannot be categorized into the pre- or post-formation phase.
 
3
The number of vertices adjacent to a given vertex in a symmetric graph is the degree of that vertex. The normalized degree centrality is the degree divided by the maximum possible degree as a percentage (Borgatti et al. 2002).
 
4
The egocentric network (or “ego net”) of vertex v in graph G is defined as G(v(N(v))) (i.e., the subgraph of G induced by v and its neighborhood) (Butts 2008).
 
5
Terza (2006) has shown that for binary regression models the threshold parameter is not arbitrary and that other values than 0.5 are not optimal. Following from this, an estimated result is correct if the estimation error is below 0.5 in the case of binary regressions.
 
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Metadaten
Titel
Prior Knowledge and Entrepreneurial Innovative Success
verfasst von
Uwe Cantner
Maximilian Goethner
Andreas Meder
Copyright-Jahr
2010
Verlag
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-540-87910-7_5

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