Edith Penrose’s theory of firm growth postulates that a firm’s current growth rate will be influenced by the adjustment costs of, and changes to a firm’s productive opportunity set arising from, previous growth. Although she explicitly considered the impact of previous organic growth on...

Using novel survey data, we examine the relationship between returnee entrepreneurs, multinational enterprise (MNE) working experience and firms' innovation performance in high-tech SMEs in China. We adopt an integrated framework which combines the knowledge based view and social capital theory...

This paper investigates the impact of returnee entrepreneurs and their knowledge spillovers on innovation in high-tech firms in China. Using panel data for 1,318 high-tech firms in Beijing Zhongguancun Science Park (ZSP) we find that returnee entrepreneurs create a significant spillover effect...