Firms' growth: Does the innovation system matter?

Structural Change and Economic Dynamics

Volumn 20, Issue 3, 2009, Pages 211-220

  Cassia, Lucio ^a   Colombelli, Alessandra ^b   Paleari, Stefano ^a  

^a UNIVERSITY OF BERGAMO   (Italy)

^b UNIVERSITY OF TURIN   (Italy)

Author keywords

Firm growth; Initial public offering; Knowledge spillovers

Indexed keywords

INDUSTRIAL ENTERPRISE; INNOVATION; KNOWLEDGE; PUBLIC SECTOR; SPILLOVER EFFECT; UNIVERSITY SECTOR;

EURASIA; EUROPE; UNITED KINGDOM; WESTERN EUROPE;

EID: 67650488596     PISSN: 0954349X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.strueco.2009.01.001     Document Type: Article

References (51)

1. Almus M., and Nerlinger E.A. Growth of new technology-based firms: which factors matter?. Small Business Economics 13 (1999) 141-154
2. Antonelli C. Localised Technological Change. Towards the Economics of Complexity (2008), Routledge, London and New York
3. Arellano M., and Bond S. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies 58 (1991) 277-297
4. Arrow K.J. Economic welfare and the allocation of resources for invention. In: Nelson R.R. (Ed). The Rate and Direction of Inventive Activity: Economic and Social Factors (1962), Princeton University Press for N.B.E.R, Princeton, NJ 609-625
5. Audretsch D.B. Innovation and Industry Evolution (1995), MIT Press, Cambridge, MA
6. Audretsch D.B., and Feldman M.P. R&D spillovers and the geography of innovation and production. American Economic Review 86 (1996) 630-640
7. Audretsch D.B., and Lehmann E.E. Does the knowledge spillover theory of entrepreneurship hold for regions?. Research Policy 34 (2005) 1191-1202
8. Audretsch D.B., and Lehmann E.E. Mansfield's missing link: the impact of knowledge spillovers on firm growth. Journal of Technology Transfer 30 1/2 (2005) 207-210
9. Audretsch D.B., and Lehmann E.E. Do locational spillovers pay? Empirical evidence from German IPO data. Economics of Innovation and New Technology 15 (2006) 71-81
10. Audretsch D.B., and Stephan P.E. Company-scientist locational links: the case of biotechnology. The American Economic Review 86 (1996) 641-652
11. Blundell R., and Bond S. Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics 87 (1998) 115-143
12. Bond S. Dynamic panel data models: a guide to micro data methods and practice. Portuguese Economic Journal 1 (2002) 141-162
13. Braczyk H., Cooke P., and Heidenreich M. Regional Innovation Systems (1998), UCL Press, London
14. Caves R. Industrial organization and new findings on the turnover and mobility of firms. Journal of Economic Literature 36 (1998) 1947-1982
15. Chen J.-R., and Chih-Hai Y. Technological knowledge, spillover and productivity: evidence from Taiwanese firm level panel data. Applied Economics 37 (2005) 2361-2371
16. Colombo M., D'Adda G., and Piva E. When do university-based knowledge spillovers influence the growth of NTBFs?. RENT XX Conference. Brussels (2006)
17. Cooke P. Knowledge Economies. Clusters, Learning and Cooperative Advantage (2002), Routledge, London
18. Cooke P., Uranga M., and Extebarria G. Regional innovation systems: institutional and organizational dimensions. Research Policy 26 (1997) 475-491
19. Correia I.M., and Petiz O. Firms and universities-do spillovers enhance firms' performance?. The International Entrepreneurship and Management Journal 3 (2007) 145-157
20. Covin J.G., and Covin T.J. Competitive aggressiveness, environmental context, and small firm performance. Entrepreneurship Theory and Practice 14 (1990) 35-50
21. Covin J.G., and Slevin D.P. A conceptual model of entrepreneurship as firm behaviour. Entrepreneurship Theory and Practice 16 (1991) 7-25
22. David P.A. Knowledge property and the system dynamics of technological change. In: Summers L., and Shah S. (Eds). Proceedings of the World Bank Annual Conference on Development Economics (1993), The World Bank, Washington, DC 215-248
23. Davidsson, P., 1989. Continued entrepreneurship and small firm growth. PhD Thesis Dissertation, Stockholm School of Economics.
24. Davidsson P., Kirchhoff B., Hatemi-J A., and Gustavsson H. Empirical analysis of business growth factors using Swedish data. Journal of Small Business Management 40 (2002) 332-349
25. Etzkowitz H., and Leydesdorff L. Universities in the Global Economy: A Triple Helix of University-Industry-Government Relations (1997), Cassell, London
26. Etzkowitz H., and Leydesdorff L. The dynamics of innovation: from national systems and "mode 2" to a triple helix of university-industry-government relations. Research Policy 29 (2000) 109-123
27. Gilbert B.A., McDougall P.P., and Audtretsch D.B. Clusters, knowledge spillovers and new venture performance: an empirical examination. Journal of Business Venturing 23 (2008) 405-422
28. Griliches Z. Patent statistics as economic indicators: a survey. Journal of Economic Literature 28 (1990) 1661-1707
29. Griliches Z. The search for R&D spillovers. Scandinavian Journal of Economics 94 (1992) 29-47
30. Griliches Z., Hall B., and Pakes A. R&D, patents and market value revisited: is there a second (technological opportunity) frontier?. Economics of Innovation and New Technology 1 (1991) 183-201
31. Hall B.H., and Mairesse J. Exploring the relationship between R-D and productivity in France manufacturing firms. Journal of Econometrics 65 (1995) 263-293
32. Henderson J.V. Marshall's scale economies. Journal of Urban Economics 53 (2003) 1-28
33. Henderson J.V. Understanding knowledge spillovers. Regional Science and Urban Economics 37 (2007) 497-508
34. Jaffe A.B. Real effects of academic research. The American Economic Review 79 (1989) 957-970
35. Lumpkin G.T., and Dess G.G. Clarifying the entrepreneurial orientation construct and linking it to performance. Academy of Management Review 21 (1996) 135-172
36. Mairesse J., and Sassenou M. R&D and productivity: a survey of econometric studies at the firm level. Science-Technology Industry Review 8 (1991) 317-348
37. Mansfield E. Entry, Gibrat's law, innovation and the growth of firms. American Economic Review 52 (1962) 1023-1051
38. Marshall A. Principles of Economics (1890), Macmillan, London
39. Nelson R.R. The simple economics of basic scientific research. Journal of Political Economy 67 (1959) 297-306
40. Nelson R.R., and Winter S.G. An evolutionary theory of economic change (1982), Harvard University Press, Cambridge, MA
41. O'Shea R.P., Allen T.J., Chevalier A., and Roche F. Entrepreneurial orientation, technology transfer and spin-off performance of U.S. universities. Research Policy 34 (2005) 994-1009
42. Piekkola H. Public funding of R&D and growth: firm-level evidence from Finland. Economics of Innovation and New Technology 16 (2007) 195-210
43. Powers J. Commercializing academic research: resource effects on performance of university technology transfer. The Journal of Higher Education 74 (2003) 26-50
44. Sadler-Smith E., Hampson Y., Chaston I., and Badger B. Managerial behavior, entrepreneurial style, and small firm performance. Journal of Small Business Management 41 (2003) 47-67
45. Stephan P. The economics of science. Journal of Economic Literature 34 3 (1996) 1199-1235
46. Storey D.J. Understanding the Small Business Sector (1994), Thomson Learning, London
47. Sutton J. Gibrat's legacy. Journal of Economic Literature 35 (1997) 40-59
48. Swierczek F.W., and Ha T.T. Entrepreneurial orientation, uncertainty avoidance and firm performance. International Journal of Entrepreneurship and Innovation 4 (2003) 46-58
49. van Geenhuizen M., and Reyes-Gonzalez L. Does a clustered location matter for high-technology companies' performance? The case of biotechnology in the Netherlands. Technological Forecasting and Social Change 74 (2007) 1681-1696
50. Varga A. Local academic knowledge transfers and the concentration of economic activity. Journal of Regional Science 40 (2000) 289-309
51. Wolff J.A., and Pett T.L. Small-firm performance: modeling the role of product and process improvements. Journal of Small Business Management 44 (2006) 268-284