Start-ups and innovation in the Vienna ICT sector: how important is the local cluster? Online publication date: Fri, 19-Dec-2008
by Franz Todtling, Lukas Lengauer, Michaela Trippl
International Journal of Services Technology and Management (IJSTM), Vol. 10, No. 2/3/4, 2008
Abstract: Start-up companies and young firms are driving forces of innovation and regional economic development. They are acknowledged to play a crucial role as innovation agents, particularly, in knowledge-based industries. Most scholars agree that young firms and academic spin-offs innovate more radically, drawing on the knowledge generated in universities and research organisations. It is often assumed that they are strongly embedded in the local innovative milieu, benefiting from local knowledge providers and innovation interactions. In this paper we investigate to what extent start-up companies in the Vienna Information and Communication Technology (ICT) sector differ from more established firms in their innovation activities and types of knowledge interactions. The research results presented are based on an analysis of data from a firm survey covering ICT firms located in Vienna.
Online publication date: Fri, 19-Dec-2008
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