Sectoral digital capabilities and complementarities in shaping young firms’ growth: evidence from Europe

References

• Abidi, N., M. El Herradi, and S. Sakha, 2022. Digitalisation and Resilience: Firm-Level Evidence During the COVID-19. IMF Working Paper Volume , Issue 34. Publication date 18 February. Publication: Washington D.C. Available from https://www.elibrary.imf.org/view/journals/001/2022/034/001.2022.issue-034-en.xml?rskey=W1zfpA&result=1
   Google Scholar
• Acar, O. A. 2019. “Motivations and Solution Appropriateness in Crowdsourcing Challenges for Innovation.” Research Policy 48 (8): 103716. https://doi.org/10.1016/j.respol.2018.11.010.
   Web of Science ®Google Scholar
• Acemoglu, D., P. Aghion, and F. Zilibotti. 2006. “Distance to Frontier, Selection, and Economic Growth.” Journal of the European Economic Association 4 (1): 37–74. April 2006. https://doi.org/10.1162/jeea.2006.4.1.37.
   Web of Science ®Google Scholar
• Adarov, A., and R. Stehrer, 2020. New Productivity Drivers: Revisiting the Role of Digital Capital, FDI and Integration at Aggregate and Sectoral Levels (No. 178). Vienna (Austria): Vienna Institute for International Economic Studies (WIIW).
   Google Scholar
• Aghion, P., and U. Akcigit. 2017. “Innovation and growth: the Schumpeterian perspective.” In ‘Economics without Borders’, Ch.1, edited by P. Aghion and U. Akcigit, 29–72. Cambridge: Cambridge University Press. https://doi.org/10.1017/9781316636404.003
   Google Scholar
• Aghion, P., U. Akcigit, and P. Howitt. 2015. “Lessons from the Schumpeterian Growth Theory.” The American Economic Review 105 (5): 94–99. https://doi.org/10.1257/aer.p20151067.
   Web of Science ®Google Scholar
• Aghion, P., P. Askenazy, R. Bourlès, G. Cette, and N. Dromel. 2009. “Education, Market Rigidities and Growth.” Economics Letters 102 (1): 62–65. https://doi.org/10.1016/j.econlet.2008.11.025.
   Web of Science ®Google Scholar
• Aghion, P., and P. Howitt. 2006. “Appropriate Growth Policy: A Unifying Framework.” Journal of the European Economic Association 4 (2–3): 269–314. https://doi.org/10.1162/jeea.2006.4.2-3.269.
   Web of Science ®Google Scholar
• Andreoni, A. 2017. Industrial Ecosystems and Policy for Innovative Industrial Renewal: A New Framework and Emerging Trends in Europe. London: SOAS University of London.
   Google Scholar
• Audretsch, D. B. 1995. Innovation and Industry Evolution. Cambridge, Massachusetts; London, England: MIT Press.
   Google Scholar
• Audretsch, D. B., and M. Belitski. 2021. “Knowledge Complexity and Firm Performance: Evidence from the European SMEs.” Journal of Knowledge Management 25 (4): 693–713. https://doi.org/10.1108/JKM-03-2020-0178.
   Web of Science ®Google Scholar
• Audretsch, D. B., and M. Keilbach. 2007. “The Theory of Knowledge Spillover Entrepreneurship.” Journal of Management Studies 44 (7): 1242–1254. https://doi.org/10.1111/j.1467-6486.2007.00722.x.
   Web of Science ®Google Scholar
• Audretsch, D. B., and M. Keilbach. 2008. “Resolving the Knowledge Paradox: Knowledge-Spillover Entrepreneurship and Economic Growth.” Research Policy 37 (10): 1697–1705. https://doi.org/10.1016/j.respol.2008.08.008.
   Web of Science ®Google Scholar
• Autio, E., S. Nambisan, L. D. Thomas, and M. Wright. 2018. “Digital Affordances, Spatial Affordances, and the Genesis of Entrepreneurial Ecosystems.” Strategic Entrepreneurship Journal 12 (1): 72–95. https://doi.org/10.1002/sej.1266.
   Web of Science ®Google Scholar
• Belitski, M., J. Korosteleva, and L. Piscitello. 2021. “Digital Affordances and Entrepreneurial Dynamics: New Evidence from European Regions.” Technovation. https://doi.org/10.1016/j.technovation.2021.102442.
   Web of Science ®Google Scholar
• Berlingieri, G. 2020. Laggard Firms, Technology Diffusion and Its Structural and Policy Determinants. OECD Science, Technology and Industry Policy Papers, No. 86, OECD Publishing: Paris. https://doi.org/10.1787/281bd7a9-en
   Google Scholar
• Breschi, S., and F. Malerba. 1997. “Sectoral Innovation Systems: Technological Regimes, Schumpeterian Dynamics, and Spatial Boundaries.” Chap. 6 In Systems of Innovation: Technologies, edited by C. Edquist, 130–156, Routledge: Milton Park, Abingdon, Oxon, UK: Institutions and Organisations. Routledge.
   Google Scholar
• Bruno, R.L., Douarin, E., Korosteleva, J. and Radosevic, S., 2022. The two disjointed faces of R&D and the productivity gap in Europe. JCMS: Journal of Common Market Studies. Journal of Common Market Studies, 60(3), pp.580–603.
   Google Scholar
• Bruno, R., J. Korosteleva, K. Osaulenko, and S. Radosevic, 2021. Sectoral Innovation Systems, Complementarities and Productivity in Europe, GROWINPRO WP 61. Available: http://www.growinpro.eu/sectoral-innovation-systems-complementarities-and-productivity-in-europe/.
   Google Scholar
• Carol, C., J. Haskel, and C. Jona-Lasinio. 2017. “Knowledge Spillovers, ICT and Productivity Growth,” Oxford Bulletin of Economics and Statistics.” Department of Economics, University of Oxford 79 (4, August): 592–618. https://doi.org/10.1111/obes.12171.
   Web of Science ®Google Scholar
• Castellani, D., M. Piva, T. Schubert, and M. Vivarelli. 2018. “Can European Productivity Make Progress?” Intereconomics 53 (2): 75–78. https://doi.org/10.1007/s10272-018-0725-8.
   Google Scholar
• Cirera, X., D. A. Comin, M. Cruz, K. Lee, T. Coronado, and Jesica. 2022. Technology and Resilience. Washington, DC: World Bank. https://doi.org/10.1596/1813-9450-9949.
   Google Scholar
• Criscuolo, C., P. Gal, T. Leidecker, and G. Nicoletti, 2021. The Human Side of Productivity: Uncovering the Role of Skills and Diversity for Firm Productivity, OECD Productivity Working Papers, No. 29, OECD Publishing, Paris, 10.1787/5f391ba9-en.
   Google Scholar
• Demir, R., K. Wennberg, and A. McKelvie. 2017. “The Strategic Management of High-Growth Firms: A Review and Theoretical Conceptualisation.” Long Range Planning 50 (4): 431–456. https://doi.org/10.1016/j.lrp.2016.09.004.
   Web of Science ®Google Scholar
• DeYoung, R., W. S. Frame, D. Glennon, and P. Nigro. 2011. “The Information Revolution and Small Business Lending: The Missing Evidence.” Journal of Financial Services Research 39 (1–2): 19–33. https://doi.org/10.1007/s10693-010-0087-2.
   Web of Science ®Google Scholar
• Estrin, S., Korosteleva, J. and Mickiewicz, T., 2022. Schumpeterian entry: innovation, exporting, and growth aspirations of entrepreneurs. Entrepreneurship Theory and Practice, 46(2), pp.269–296.
   Google Scholar
• Gambacorta, L., Y. Huang, Z. Li, H. Qiu, and S. Chen. 2022. “Data versus Collateral.” Review of Finance 27 (2): 369–398. https://doi.org/10.1093/rof/rfac022.
   Web of Science ®Google Scholar
• Gawer, A. 2014. “Bridging Differing Perspectives on Technological Platforms: Toward an Integrative Framework.” Research Policy 43 (7): 1239–1249. https://doi.org/10.1016/j.respol.2014.03.006.
   Web of Science ®Google Scholar
• Griffiths, R., S. Redding, and J. V. Reenen. 2004. “Mapping the Two Faces of R&D: Productivity Growth in a Panel of OECD Industries.” The Review of Economics and Statistics 86 (4): 883–895. https://doi.org/10.1162/0034653043125194.
   Web of Science ®Google Scholar
• Iacobucci, D., and F. Perugini. 2021. “Entrepreneurial Ecosystems and Economic Resilience at Local Level.” Entrepreneurship & Regional Development 33 (9–10): 689–716. https://doi.org/10.1080/08985626.2021.1888318.
   Web of Science ®Google Scholar
• Jagtiani, J., and C. Lemieux. 2018. “Do Fintech Lenders Penetrate Areas That are Underserved by Traditional Banks?” Journal of Economics and Business 100: 43–54. https://doi.org/10.1016/j.jeconbus.2018.03.001.
   Web of Science ®Google Scholar
• Kenney, M., and J. Zysman. 2016. “The Rise of the Platform Economy.” Issues in Science and Technology 32 (3): 61.
   Web of Science ®Google Scholar
• Ketchen, D., R. Ireland, and C. Snow. 2007. “Strategic Entrepreneurship, Collaborative Innovation, and Wealth Creation.” Strategic Entrepreneurship Journal 1 (3–4): 371–385. https://doi.org/10.1002/sej.20.
   Web of Science ®Google Scholar
• Kim, Y. J., H. Kang, G. L. Sanders, and S. Y. T. Lee. 2008. “Differential Effects of IT Investments: Complementarity and Effect of GDP Level.” International Journal of Information Management 28 (6): 508–516. https://doi.org/10.1016/j.ijinfomgt.2008.01.003.
   Web of Science ®Google Scholar
• Lanzolla, G., D. Pesce, and C. L. Tucci. 2021. “The Digital Transformation of Search and Recombination in the Innovation Function: Tensions and an Integrative Framework.” Journal of Product Innovation Management 38 (1): 90–113.
   Web of Science ®Google Scholar
• Li, W., K. Liu, M. Belitski, A. Ghobadian, and N. O’Regan. 2016. “E-Leadership Through Strategic Alignment: An Empirical Study of Small-And Medium-Sized Enterprises in the Digital Age.” Journal of Information Technology 31 (2): 185–206. https://doi.org/10.1057/jit.2016.10.
   Web of Science ®Google Scholar
• Malerba, F. 2002. “Sectoral Systems of Innovation and Production.” Research Policy 31 (2): 247–264. https://doi.org/10.1016/S0048-7333(01)00139-1.
   Web of Science ®Google Scholar
• Malerba, F.2005How Innovation Differs Across Sectors: Sectoral Systems of Innovation Handbook of Innovation FagerbergMowery, NelsonedOxford University Presshttps://doi.org/10.1017/CBO9780511493270.002
   Google Scholar
• Malerba, F., and F. Malerba. 2004. Sectoral Systems of Innovation. Cambridge University Press. https://doi.org/10.1017/CBO9780511493270.
   Google Scholar
• Mandel, M., 2011. Scale and Innovation in Today’s Economy, Progressive Policy Institute, Policy Memo, December. Available from: http://progressivepolicy.org/wp-content/uploads/2011/12/12.2011-Mandel_Scale-and-Innovation-in-Todays-Economy.pdf, last accessed September 26, 2014.
   Google Scholar
• Mason, C., and M. Hruskova2021The Impact of COVID-19 on Entrepreneurial EcosystemsProductivity and the PandemicEdward Elgar Publishinghttps://doi.org/10.4337/9781800374607.00011
   Google Scholar
• McKelvie, A., A. Brattström, and K. Wennberg. 2017. “How Young Firms Achieve Growth: Reconciling the Roles of Growth Motivation and Innovative Activities.” Small Business Economics 49 (2): 273–293. https://doi.org/10.1007/s11187-017-9847-9.
   Web of Science ®Google Scholar
• Nambisan, S. 2017. “Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship.” Entrepreneurship: Theory & Practice 41 (6): 1029–1055. https://doi.org/10.1111/etap.12254.
   Web of Science ®Google Scholar
• Nambisan, S., K. Lyytinen, A. Majchrzak, and M. Song. 2017. “Digital Innovation Management: Reinventing Innovation Management Research in a Digital World.” MIS Quarterly 41 (1): 223–238. https://doi.org/10.25300/MISQ/2017/41:1.03.
   Web of Science ®Google Scholar
• Nambisan, S., M. Wright, and M. Feldman. 2019. “The Digital Transformation of Innovation and Entrepreneurship: Progress, Challenges and Key Themes.” Research Policy 48 (8): 103773. https://doi.org/10.1016/j.respol.2019.03.018.
   Web of Science ®Google Scholar
• Nason, R. S., and J. Wiklund. 2018. “An Assessment of Resource-Based Theorising on Firm Growth and Suggestions for the Future.” Journal of Management 44 (1): 32–60.
   Web of Science ®Google Scholar
• Parker, S. C. 2018. “The Economics of Entrepreneurship“Cambridge University Press.Shanhttps://doi.org/10.1017/9781316756706
   Google Scholar
• Schumpeter, J. A. 2008[1934]. The Theory of Economic Development. New Brunswick, NJ: Transaction Publishers.
   Google Scholar
• Shan, W., G. Walker, and B. Kogut. 1994. “Interfirm Cooperation and Startup Innovation in the Biotechnology Industry.” Strategic Management Journal 15 (5): 387–394.
   Web of Science ®Google Scholar
• Stehrer, R., A. Bykova, K. Jäger, O. Reiter, and M. Schwarzhappel, 2019. Industry Level Growth and Productivity Data with Special Focus on Intangible Assets. Report on Methodologies and Data Construction for the EU KLEMS Release 2019. Vienna (Austria): The Vienna Institute for International Economic Studies (WIIW). https://euklems.eu/wp-content/uploads/2019/10/Methodology.pdf
   Google Scholar
• Thomas, L. D., E. Autio, and D. M. Gann. 2014. “Architectural Leverage: Putting Platforms in Context.” Academy of Management Perspectives 28 (2): 198–219. https://doi.org/10.5465/amp.2011.0105.
   Web of Science ®Google Scholar
• Thum-Thysen, A., P. Voigt, B. Bilbao-Osorio, C. Maier, and D. Ognyanova. 2017. “Unlocking Investment in Intangible Assets.” Quarterly Report on the Euro Area (QREA) 16 (1): 23–35.
   Google Scholar
• Thum-Thysen, A., P. Voigt, and C. Weiss, 2021. Complementarities in Capital Formation and Production: Tangible and Intangible Assets Across Europe (No. 2021/12). The European Investment Bank.
   Google Scholar
• Van Ark, B., N. N. de Vries, and A. Erumban. 2021. “How to Not Miss a Productivity Revival Once Again.” National Institute Economic Review 255: 9–24. https://doi.org/10.1017/nie.2020.49.
   Web of Science ®Google Scholar
• Venkitachalam, K., and G. Schiuma. 2022. “Strategic Knowledge Management (SKM) in the Digital Age–Insights and Possible Research Directions.” Journal of Strategy and Management 15 (2): 169–174.
   Web of Science ®Google Scholar
• Yoo, Y., O. Henfridsson, and K. Lyytinen. 2010. “The New Organising Logic of Digital Innovation: An Agenda for Information Systems Research.” Information Systems Research 21 (4): 724–735. https://doi.org/10.1287/isre.1100.0322.
   Web of Science ®Google Scholar