Born innovator? How founder birth order influences product innovation generation and adoption in entrepreneurial firms

2021 ◽  
Vol 136 ◽  
pp. 414-430
Author(s):  
Leven J. Zheng ◽  
Youqing Fan ◽  
Huan Wang ◽  
Wei Liu
2014 ◽  
Vol 18 (1) ◽  
pp. 87-103 ◽  
Author(s):  
Olivier Lamotte ◽  
Ana Colovic

This article investigates the relationship between innovation and internationalization in young entrepreneurial firms. Based on data from the Global Entrepreneurship Monitor and the World Bank for 64 countries during the 2001-2008 period, this study demonstrates that young entrepreneurial firms involved in product and/or process innovation are more likely to be internationalized. Moreover, the results of our study reveal that the impact of innovation is greater for product innovation than for process innovation and for high-income countries than for low- or middle-income countries.


2011 ◽  
Vol 361-363 ◽  
pp. 1451-1462
Author(s):  
Lan Wang ◽  
Yong Long

We analyze how entrepreneurial firms match product innovation mode with optimal financing under the different states of technological ability and bootstraps by applying principal-agent theory. According to some assumptions that bank finance takes the form of debt whereas venture capital finance resembles private equity, a basic incentive model with two state and sub-state variables is established. The analysis shows that entrepreneur prefers to radical innovation on the circumstance of high technological ability while entrepreneur would prefer to carry out incremental innovation with medium technological capability. The optimal financing is up to cash flow distribution of product innovation pattern and firm’s bootstraps. Venture capital finance is optimal only when cash flow distribution is highly risky and positively skewed .Or vice versa, bank finance is optimistic.


2000 ◽  
Vol 55 (6) ◽  
pp. 599-612 ◽  
Author(s):  
Joseph Lee Rodgers ◽  
H. Harrington Cleveland ◽  
Edwin van den Oord ◽  
David C. Rowe
Keyword(s):  

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