Innovation studies have largely recognized the role of knowledge in fostering innovation and growth of entrants …. Previous literature has focused on entrepreneurial and managerial capabilities and education and knowledge incorporated in … material and immaterial resources. We assume that new firms need to possess different pieces of knowledge, but beyond diversity …

enriches the literature by disentangling how knowledge accumulation processes affect the development of future radical … incremental innovations using a dynamic random-effects model, and treat the outcomes obtained as a proxy of knowledge accumulation … inversely proportional to firm age. Hence, mature firms benefit more from knowledge accumulation than do young firms, and also …