The elixir or burden of youth? Exploring differences among start-ups and established firms in innovation behaviour in the UK

The elixir or burden of youth? Exploring differences among start-ups and established firms in innovation behaviour in the UK
Document type
Report
Author(s)
Criscuolo, Paola; Nicolaou, Nicos; Salter, Ammon
Publisher
DIUS
Date of publication
1 May 2009
Subject(s)
Trends: economic, social and technology trends affecting business, Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship
Collection
Business and management
Material type
Reports

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This report aims to redress the lack of research in the area of innovation in start-ups, using a representative sample of 16,445 firms in the UK drawn from the Community Innovation Survey 4 (CIS4) dataset. It uses a descriptive and econometric analysis, including a matching estimate approach, to explore differences between start-ups and established firms. Start-ups are an important source of growth and variety in the economic system. Despite this, we know very little about their innovative activities. There is also a dearth of research that has compared these activities with those of established firms and of internal corporate ventures.

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