Innovation by start-up firms: The role of the board of directors for knowledge spillovers

Volume: 51, Issue: 1, Pages: 104375
Published: Jan 1, 2022
Abstract
null null This paper investigates whether board directors interlocked with or employed by innovative firms affect start-up firms’ propensity to be innovators themselves. Drawing upon a sample of more than 50,000 Swedish start-up firms, we find that board connections to incumbent innovators have a causal impact on the new firms’ probability to apply for patents. The results are robust when controlling for industry, geography, firm age, as well as...
Paper Details
Title
Innovation by start-up firms: The role of the board of directors for knowledge spillovers
Published Date
Jan 1, 2022
Volume
51
Issue
1
Pages
104375
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