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Journal of Economics, Finance and Administrative Science
Print version ISSN 2077-1886
Abstract
LEIVA, Juan Carlos and BRENES-SANCHEZ, Ronald. The influence of knowledge related to innovative performance. Journal of Economics, Finance and Administrative Science [online]. 2018, vol.23, n.45, pp.138-149. ISSN 2077-1886. http://dx.doi.org/10.1108/JEFAS-11-2017-0106.
Purpose - This paper aims to assess knowledge relatedness as a possible determinant of business innovatión performance. Knowledge relatedness is understood as the degree of similarity between a firm’s knowledge and that of its parent, i.e. the company that the entrepreneur leaves to establish his or her own firm. Innovatión performance results from the competitive positión that the company achieves through its management of new products and serviceson the market. Design/methodology/approach - For the empirical work, the authors used a database composed of 356 entrepreneurs who established recently their own business in Costa Rica: people who stopped working in multinatiónal companies in Costa Rica and created their own businesses, and people who created their own businesses simultaneously as the former employees of multinatiónals. Findings - This paper reports a positive and significant correlatión between knowledge relatedness and innovatión performance for a number of young firms. Originality/value - This paper presents the fact of including knowledge relatedness as a research topic linked to business innovatión.
Keywords : Entrepreneurial learning; Business innovatión; Young firm performance.