Title: The dual effect of the age of the entrepreneur on the innovation performance of the micro-enterprises

Authors: Tiziana Priede-Bergamini; Cristina López-Cózar-Navarro; Sonia Benito-Hernández; Antonio Rodríguez-Duarte; Manuel Platero

Addresses: Universidad Europea de Madrid, Calle Tajo s/n Villaviciosa de Odón, 28670 Madrid, Spain ' Escuela Técnica Superior de Ingenieros Agrónomos, UPM, Av. Puerta de Hierro, 2, 28040 Madrid, Spain ' Escuela Técnica Superior de Ingenieros Agrónomos, UPM, Av. Puerta de Hierro, 2, 28040 Madrid, Spain ' Facultad de Ciencias Económicas y Empresariales, UCM, Campus de Somosaguas, 28223 Pozuelo de Alarcón, Madrid, Spain ' Universidad Europea de Madrid, Calle Tajo s/n Villaviciosa de Odón, 28670 Madrid, Spain

Abstract: This paper aims to determine whether the traditional consideration by the scientific literature of the negative influence of the age of the micro-entrepreneur on the innovation performances of the business, can become positive when using information and communication technology (ICT) and developing strategies of corporate social responsibility (CSR) and diversification. The study was conducted using a sample of 148 micro Spanish companies. The results have been contrasted by two models, one without interactions to test the main effects of each of the variables under study; and a second model that includes interactions of the variable age with these moderator variables. The results show that the use of ICTs and the development of CSR activities by micro-entrepreneurs moderate the negative effect of the variable age over the innovation performance of the micro-enterprise. In contrast, the diversification decision enhances this negative effect.

Keywords: age; entrepreneur; micro-enterprise; innovation performance; information and communication technologies; ICT; corporate social responsibility; CSR; diversification; risk aversion.

DOI: 10.1504/IJEV.2019.096659

International Journal of Entrepreneurial Venturing, 2019 Vol.11 No.1, pp.81 - 102

Available online: 16 Nov 2018 *

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