Business networks and localization effects for new Swedish technology-based firms’ innovation performance
Artikel i vetenskaplig tidskrift, 2018

This study examines the business networks and localization effects for new technology-based firms (NTBFs) in the context of innovation performance (the number of patents and product differentiation). In this regard, the study includes 28 variables. A survey was conducted in 2016 with 401 Swedish NTBFs that were small and young (the employment mean was 1.80 and the average age of each firm was 28.3 months). The biggest category of NTBFs was knowledge-intensive high-technology services, followed by medium high-technology manufacturing, and high-technology manufacturing. Hypotheses on how business networks and localization are related to innovation performance were tested using principal component analysis, correlation analysis, and regression analysis. The results show that the primary significant factor for innovation performance regarding business networks and localization dimensions are professional network services, while industrial and regional areas also have a positive relationship on product differentiation. Our study also shows that innovation performance enhances firms’ abilities to access external financing through professional network services (e.g., venture capital companies).

Business network

Innovation performance

New technology-based firm

Localization

External financing

Entrepreneurship

Författare

Hanna Rydehell

Chalmers, Teknikens ekonomi och organisation, Innovation and R&D Management

Anders Isaksson

Chalmers, Teknikens ekonomi och organisation, Innovation and R&D Management

Hans Löfsten

Chalmers, Teknikens ekonomi och organisation, Innovation and R&D Management

Journal of Technology Transfer

0892-9912 (ISSN)

Drivkrafter

Innovation och entreprenörskap

Ämneskategorier

Företagsekonomi

DOI

10.1007/s10961-018-9668-2

Mer information

Senast uppdaterat

2018-05-29