What conditions favor high-potential entrepreneurship? Unpacking the nexus between the industrial structure and startup typologies
Bibliographic Data
| ID | 14868299 |
|---|---|
| Authors | Leonardo Mazzoni (0000-0002-0231-9248, European University Institute), Niccolò Innocenti (0000-0001-8421-5479, University of Florence, corresponding author) |
| Year | 2024 |
| Volume | 62 |
| Issue | 3 |
| Pages | 1201-1222 |
| Publication date | 2024-03-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Small Business Economics (JOURNAL) |
| Journal identifiers | ISSN: 0921-898X • E-ISSN: 1573-0913 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s11187-023-00801-2 |
| OpenAlex | W4384201726 |
| Language | EN |
| Citations received | 2 |
| References cited | 81 |
In this paper, we question the implicit assumption that more entrepreneurship drives more innovation and growth, asserting that specific typologies of entrepreneurship are responsible for these phenomena. A growing number of studies has analyzed this relationship while focusing on the overall level of entrepreneurship. This paper exploits recent advancements in measuring the sophistication and connectedness of economic systems, brought by the notions of economic complexity and relatedness, to study the nexus of industrial structure and high-potential forms of entrepreneurship. The present study uses a panel dataset for Italy for the period 2015–2019. The results show a differentiated pattern among the high-potential startups considered, with relatedness and complexity having a positive effect for innovative startups, a negative one for high-growth startups, and no effect for pioneers. These results inform potential entrepreneurs of the importance of analyzing how external conditions can have distinctive effects on the process of opportunity identification among different typologies of high-potential startups
Business · Economic geography · Economic system · Economics · Entrepreneurship · Exploit · Identification (biology · Industrial organization · Nexus (standard · Social connectedness · Social science · Sociology · Sophistication · Computer Science · Economic and Technological Innovation · Entrepreneurship Studies and Influences · Innovation and Socioeconomic Development · Psychology · Marketing
Entreprenomics
Negative Binomial Regression
The Product Space Conditions the Development of Nations
Does the Knowledge Spillover Theory of Entrepreneurship hold for regions?
The building blocks of economic complexity
Econometric Models for Count Data with an Application to the Patents-R & D Relationship
Everyday Entrepreneurship—A Call for Entrepreneurship Research to Embrace Entrepreneurial Diversity
Understanding corporate coherence
Academic engagement and commercialisation
Economic complexity theory and applications
Mapping Knowledge Space and Technological Relatedness in US Cities
What's New about the New Economy? Sources of Growth in the Managed and Entrepreneurial Economies
Exploration and Exploitation in Organizational Learning
Do the creative industries support growth and innovation in the wider economy? Industry relatedness and employment growth in Italy
Economic complexity and entrepreneurship density
The role of institutions in latent and emergent entrepreneurship
Entrepreneurship and advancing national level economic efficiency
The knowledge spillover theory of entrepreneurship
Entrepreneurial ecosystem elements
Examining economic complexity as a holistic innovation system effect
University specialization and new firm creation across industries
The interregional migration of human capital and its regional consequences
Clusters and Entrepreneurship
Explaining the dynamics of relatedness
Related variety and regional growth in Spain
Muppets and gazelles
Fertility and Economic Development
The Geography of Gazelles in the Netherlands
Related Variety, Unrelated Variety and Technological Breakthroughs
Related Variety, Unrelated Variety and Regional Economic Growth
Does related variety foster regional entrepreneurship? Evidence from European regions
Do Institutions Play a Role in Skilled Migration? The Case of Italy
Smart specialization policy in the European Union
Entrepreneurship as an Urban Event? Empirical Evidence from European Cities
Relatedness as driver of regional diversification
Economic complexity and fertility
New Business Formation by Industry over Space and Time
Twenty-five years of research on institutions, entrepreneurship, and economic growth
The Geography of Complex Knowledge
Going beyond Relatedness
How Do Regions Diversify over Time? Industry Relatedness and the Development of New Growth Paths in Regions
Whose job instability affects the likelihood of becoming a parent in Italy? A tale of two partners
| Citations per year | 2 |
|---|---|
| Citation span | 2026 - 2026 (1) |
| Highly cited | No |