R&D investment that fails to lead directly to technological innovation of technology-based start-ups. This paper … analyzes the factors that influence technological innovation in Korean technology-based start-ups based on the resource … entrepreneurship on technological innovation. First, a start-up's technological capabilities measured by patents and technological …

they matter. We first characterize YICs in the sample of innovation active firms. We show that firms that combine newness … financial constraints, both internal and external, as an important factor hampering their innovation activities, significantly … more so than other innovation active firms. This access to finance problem is an often used motive for government …