marginal value of being an entrepreneur as a function of wealth. Countries with high start-up costs such as Italy, Spain and …

that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …

greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key …

autoregressive nature of innovation. Using a large longitudinal dataset comprising Spanish manufacturing firms over the period 1990 … in the case of the YICs, suggesting that their innovation behaviour is less persistent and more erratic. Moreover, our … results suggest that firm and market characteristics play a distinct role in boosting the innovation activity of firms of …