Start-Up Accelerators and Crowdfunding to Drive Innovation Development

Using two longitudinal panel datasets of Chinese manufacturing firms, we assess whether state ownership benefits or impedes firms’ innovation. We show that state ownership in an emerging economy enables a firm to obtain crucial R&D resources but makes the firm less efficient in using those resources to generate innovation, and we find that a minority state ownership is an optimal structure for innovation development in this context. Moreover, the inefficiency of state ownership in transforming R&D input into innovation output decreases when industrial competition is high, as well as for start-up firms. Our findings integrate the efficiency logic (agency theory), which views state ownership as detrimental to innovation, and institutional logic, which notes that governments in emerging economies have critical influences on regulatory policies and control over scarce resources. We discuss the implications of these findings for research on state ownership and firm innovation in emerging economies.

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The Structure of Russian Large Business Demand for Innovation in the Contex of Corporate Accelerators

Vestnik of the Plekhanov Russian University of Economics ◽

10.21686/2413-2829-2020-4-36-47 ◽

2020 ◽

Vol 17 (4) ◽

pp. 36-47

Author(s):

A. N. Popov

Keyword(s):

System Analysis ◽

Model Development ◽

Classification Methods ◽

Joint Work ◽

Innovation Development ◽

Corporate Innovation ◽

Start Up ◽

Technology Introduction ◽

Start Ups ◽

Subsequent Introduction

The article studies the dynamics of the corporate accelerator model development in Russia from 2013 to 2020, the existing model of corporate acceleration and subsequent introduction of the start-up product in the corporation, as well as the structure of Russian corporations’ demand for innovation solutions of start-ups. The low level of Russian business digitalization in comparison with EU countries, dropping dynamics since 2013 of the specific weigh of innovation products and services in the total volume of sold products and services and the growing activity of corporations in the field of innovation in 2016–2019 stipulate a high potential of corporate innovation development in Russia. By studying 54 programs of corporate acceleration the author identified the key models of corporate accelerators’ organization in Russia and showed the growing dynamics of their development since 2018. For deeper investigation of the mechanism of start-ups and corporations interaction in the context of corporate accelerator through system analysis the article provides the model of organizing corporate accelerator and pilot launch of joint work of start-up and corporation on the basis of reports by spokesmen of Russian corporations at conferences and webinars. Based on open information about 72 innovation projects and experience of interaction of Russian corporations from telecommunications and finance fields the structure of corporations’ demand for highlytechnological solutions of start-ups was identified. Through classification methods the author described the demand in view of methods of technology introduction, the sphere of using technology in the corporation and key technologies applied in innovation solution of start-ups.

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Cluster Approach to the Development of Youth Entrepreneurship in Classical University

Высшее образование в России ◽

10.31992/0869-3617-2019-28-7-102-109 ◽

2019 ◽

Vol 28 (7) ◽

pp. 102-109

Author(s):

V. Y. Stromov ◽

P. V. Sysoyev ◽

V. V. Zav’yalov

Keyword(s):

State University ◽

Cluster Approach ◽

Regional Innovation ◽

Innovation Development ◽

Substantive Content ◽

Start Up ◽

Qualified Personnel ◽

Youth Entrepreneurship ◽

Business Structures ◽

The University

Training of qualified personnel in the field of entrepreneurship is one of the conditions for economic growth in the country. Modern universities which are centers of regional innovation development set themselves the task of creating competences in the field of entrepreneurship among students. The development of competences in the field of entrepreneurship among students of all other areas of training and specialties can significantly expand the employment opportunities for students upon graduation from the university and diversify small and medium-sized businesses in the regions. This paper presents the experience of Derzhavin Tambov State University on the implementation of the educational project “Youth Entrepreneurship”, focused on teaching entrepreneurship to students of all areas of training. The project was initiated and carried out by the joint student scientific council within the framework of the institute of mentoring, as well as in cooperation with the business structures of the region. The project based on the cluster approach includes five stages: 1) the joint student scientific council program; 2) the Tambov Innovation Business Incubator program; 3) “Geometry of business” program of the center of small and medium business support; 4) start-up development, and 5) opening of small innovative enterprises. The work presents in detail the substantive content of the project and describes its stages.

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