Community Innovation Survey covering the period 1998-2000. The results of our empirical analysis support our theory …-based insights. -- R&D ; innovation ; start-up ; complementary assets …

This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in …-house R&D is linked to the propensity to introduce product innovation both in mature firms and YICs; however, innovation … incumbent firms - in-house R&D does not play a significant role. -- R&D ; product innovation ; embodied technical change ; CIS 3 …