Why are some entrepreneurs more innovative than others?

By Philipp Koellinger. 2007

530 citations recorded by the source corpus.

Entrepreneurs differ in the degree and type of novelty that they introduce to the economy. This study provides theoretical insights and empirical evidence on the emergence of entrepreneurial innovativeness. The results suggest that entrepreneurial innovativeness depends both on individual factors and on the environment in which the individual acts. In particular, high educational attainment, unemployment, and a high degree of self-confidence are significantly associated with entrepreneurial innovativeness at the individual level. Furthermore, the distribution of innovative and imitative entrepreneurship varies across countries. Entrepreneurs in highly developed countries are significantly more likely to engage in innovative rather than purely imitative activities. The theoretical approach of this study combines a judgment and decision making framework with factors that contribute towards the individual perception of decision alternatives. Data used in the empirical analysis originate from the 2002–2004 adult population surveys of the Global Entrepreneurship Monitor, yielding a sample of 9,549 nascent entrepreneurs from 30 different countries.

Subfields: Accounting, Business and International Management, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/0b14b9b68adfdda165c0966752cfd137c036b4b5

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Citations in the corpus

The influence of CEO demographic characteristics on corporate risk-taking: evidence from Chinese IPOs (2016, background): “Koellinger (2008) claims that CEOswith previous board experience have broader perspectives and are much more open to encourage innovative and risky ideas.”
Integrating Discovery and Creation Perspectives of Entrepreneurial Action: The Relative Roles of Founding CEO Human Capital, Social Capital, and Psychological Capital in Contexts of Risk Versus Uncertainty (2015, background): “…(2015) ambition, curiosity, and creativity) may prove to be of even greater importance for founding CEOs to manage the uncertainty present in a creation context—an environment in which norms for attaining success do not exist (Kim, Aldrich, and Keister, 2006; Koellinger, 2008; Zaleski, 2011).”
How Do Risk Attitudes Differ within the Group of Entrepreneurs? The Role of Motivation and Procedural Utility (2015, unknown): “understand the large differences that exist within the group of entrepreneurs, for example, with regard to entrepreneurial success (Hamilton 2000), innovativeness (Koellinger 2008), or the effects of entrepreneurship on economic development (Wennekers et al.”
A systematic literature review of entrepreneurial opportunity recognition: insights on influencing factors (2014, background): “(2007), an individual can acquire knowledge either through education or through accumulated experience (Koellinger 2008; Bagheri 2009; Clarysse et al. 2011).”
Entrepreneurial education and learning at universities: exploring multilevel contingencies (2017, background): “In these countries, students typically have as a reference point growth-oriented entrepreneurs who use to face a complex, fast-changing and uncertain environment in order to pursue an attractive business opportunity (Koellinger 2008; Levie and Autio 2008).”
What turns knowledge into innovative products? The role of entrepreneurship and knowledge spillovers (2009, unknown): “…entrepreneurs who take the risk of transforming new knowledge into innovative products and focus less on those entrepreneurs who merely start another shop around the corner.12 Many start-ups do not fall into the first category but belong to the latter group (Block et al. 2010a; Koellinger 2008).”
R&D in SMEs: a paradox? (2009, background): “simply be ‘‘revolving door’’ SMEs doomed to an early failure; at the other extreme, newborn innovative entrepreneurial SMEs may be able to renew an entire industrial sector (see Foti and Vivarelli 1994; Arrighetti and Vivarelli 1999; Audretsch et al. 1999; Koellinger 2008; van Praag and Versloot 200”
Founders’ human capital and the performance of UK new technology based firms (2012, background): “Arguments therefore have emerged for a ‘dark side’ of human capital (Ucbasaran et al. 2008) and that previous knowledge and experience can be a ‘double-edged’ sword (Koellinger 2008).”
Entrepreneurs and innovation: The contingent role of institutional factors (2018, methodology): “…as the attempt to create firms whose routines, competencies and offers differ from those of established ventures in their particular market (Koellinger, 2008) and imitative entrepreneurship as new firms whose routines, competencies and offers do not vary from those of existing…”
Informal institutions and international entrepreneurship (2017, background): “Social desirability refers to the recognition that society accords to the actions of individuals (Koellinger, 2008).”
Competitive Advantage Achievement through Innovation and Knowledge (2013, background): “Martín-de Castro et al. (2013) say that developing successful technological innovations is essential for creating and sustaining an organisation ś competitive advantage.”
Size matters: entrepreneurial entry and government (2012, methodology): “Our methodology is akin to the approach adopted by Koellinger (2008): we merge individual GEM survey data and country-level data from other sources.”
Effects of Schumpeterian and Kirznerian entrepreneurship on economic growth: panel data evidence (2017, background): “Koellinger (2008) believes that people in developing countries have more confidence in their ability to transform those opportunities into new businesses.”
Entrepreneurial opportunity recognition: an empirical study of R&D personnel (2013, background): “Scholars have tended to investigate innovation issues from an entrepreneurship perspective (Koellinger, 2008).”