Small business innovation: firm level evidence from Sweden
2012 (English)In: Journal of Technology Transfer, ISSN 0892-9912, E-ISSN 1573-7047, Vol. 37, no 5, 732-754 p.Article in journal (Refereed) Published
This paper examines innovation among very small firms and provides new insights into both internal and external determinants of patenting. Applying a non-linear panel data approach to about 160,000 observations on manufacturing firms in Sweden for the period 2000-2006, the following facts emerge: (i) in contrast to larger firms, innovation in micro firms with 1-10 employees is not sensitive to variation in internal financial resources, (ii) skilled labour is even more important for innovation among micro firms compared to other firms, (iii) affiliation to a domestically owned multinational enterprise group increases the innovation capacity of small businesses, (iv) small firms' innovation is closely linked to participation in international trade and exports to the G7-countries, and (v) there is no statistically significant evidence that proximity to metropolitan areas, or presence in a specialized cluster, increases the innovativeness of the smallest firm.
Place, publisher, year, edition, pages
2012. Vol. 37, no 5, 732-754 p.
Entrepreneurship, Innovation, Innovative firms, Intellectual property rights, Location, Small firms, Technology transfer
Economics and Business
IdentifiersURN: urn:nbn:se:kth:diva-103796DOI: 10.1007/s10961-011-9216-9ISI: 000308644100009ScopusID: 2-s2.0-84866265574OAI: oai:DiVA.org:kth-103796DiVA: diva2:561671
QC 201210222012-10-192012-10-192012-10-29Bibliographically approved