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Innovation by start...
Innovation by start-up firms : The role of the board of directors for knowledge spillovers
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- Baum, Christopher F. (author)
- Boston Coll, Chestnut Hill, MA 02167 USA.
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- Lööf, Hans, 1961- (author)
- KTH,Centrum för studier inom vetenskap och innovation, CESIS,Industriell ekonomi och organisation (Inst.),KTH Royal Institute of Technology, Sweden
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- Stephan, Andreas (author)
- Linnéuniversitetet,Institutionen för skog och träteknik (SOT)
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- Viklund Ros, Ingrid (author)
- KTH,Industriell ekonomi och organisation (Inst.),KTH Royal Institute of Technology, Sweden
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- Baum, Kit (author)
- Boston College, USA
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Boston Coll, Chestnut Hill, MA 02167 USA Centrum för studier inom vetenskap och innovation, CESIS (creator_code:org_t)
- Elsevier BV, 2022
- 2022
- English.
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In: Research Policy. - : Elsevier BV. - 0048-7333 .- 1873-7625. ; 51:1
- Related links:
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https://urn.kb.se/re...
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https://doi.org/10.1...
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https://urn.kb.se/re...
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Abstract
Subject headings
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- This paper investigates whether board directors interlocked with or employed by innovative firms affect startup firms' propensity to be innovators themselves. Drawing upon a sample of more than 50,000 Swedish start-up firms, we find that board connections to incumbent innovators have a causal impact on the new firms' probability to apply for patents. The results are robust when controlling for industry, geography, firm age, as well as spillovers through worker and managerial mobility, external knowledge sourcing through patent disclosure, access to venture capital and board attributes.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- Start-ups
- Board of directors
- Knowledge spillovers
- Innovation
- Instrumental variables estimation
- Economics
Publication and Content Type
- ref (subject category)
- art (subject category)
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