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Schumpeterian entry: innovation, exporting, and growth aspirations of entrepreneurs

Estrin, Saul, Korosteleva, Julia and Mickiewicz, Tomasz (2020) Schumpeterian entry: innovation, exporting, and growth aspirations of entrepreneurs. Entrepreneurship: Theory and Practice. ISSN 1042-2587

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Identification Number: 10.1177/1042258720909771

Abstract

We posit that entrepreneurs who engage in strategic activities will have high growth aspirations. Our proposed mechanism is that strategic engagements, specifically product innovation, process innovation and internationalization, open entrepreneurial ventures to learning, and thereby greater growth opportunities. Furthermore, these learning effects are reinforced in research-intensive industrial environments. We apply multilevel random slope estimation for individuals from 74 countries, 2001–2015, to derive results consistent with our hypotheses. The findings are robust to potential reverse causality between strategic behavior and growth aspirations, and to selection bias resulting from strategic engagements being only observed for actual entrepreneurs.

Item Type: Article
Divisions: Management
Date Deposited: 08 Apr 2020 10:54
Last Modified: 27 May 2020 23:17
URI: http://eprints.lse.ac.uk/id/eprint/104043

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