Imprenditorialità, performance post-entry e innovazione

Translated title of the contribution: [Autom. eng. transl.] Entrepreneurship, post-entry performance and innovation

Samuele Murtinu, Marco Vivarelli

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

[Autom. eng. transl.] In recent years, a broad consensus has been formed on the fact that "entrepreneurship" - understood in this chapter in the sense, characteristic of the studies of industrial economics, of the process of entry of new companies in a given market - is a fundamental vector in the introduction and diffusion of innovation and more generally in supporting economic growth, (Koellinger and Thurik 2012). However, starting from the contribution of Baumol (1990), literature recognizes how among the new entrepreneurs the "Schumpeterian" cohabit with "replicants" and entrepreneurs "out of necessity". The "replicants", far from introducing innovations, confirm the status quo and are often destined to premature failure or to remain in a sub-optimal dimension. The "entrepreneurs by necessity" are those who do not enter a sector driven by market opportunities and innovative ideas, but by the need to have an income. This form of entrepreneurship, particularly present in the recessionary phases, is often condemned ex-ante on leaving the market or very disappointing performances in the post-entry phases. One of the objectives of this work is to take note of this heterogeneity in entrepreneurial profiles and to identify the role of entrepreneurship in relation to the process of economic growth (par. 1). Moving on to a microeconomic level, the discussion will proceed highlighting the determinants of the business creation process (section 2) and the relationship between the ex-ante characteristics of the founders and the post-entry performance in terms of survival probability and growth rate of the newly established company (par. 3). Finally, in the conclusions the discussion conducted up to that point will be summarized and some implications of economic policy will be articulated.
Translated title of the contribution[Autom. eng. transl.] Entrepreneurship, post-entry performance and innovation
Original languageItalian
Title of host publicationGli imprenditori
EditorsL. Paolazzi, M. Sylos Labini, F. Traù
Pages241-262
Number of pages22
Publication statusPublished - 2016

Keywords

  • Imprenditorialità
  • Innovazione

Fingerprint

Dive into the research topics of '[Autom. eng. transl.] Entrepreneurship, post-entry performance and innovation'. Together they form a unique fingerprint.

Cite this