Designing policy based on entrepreneurial venture type: the effects of innovation, hiring practices and patent ownership on enterprise development

IF 2.9 Q2 BUSINESS

Journal of Small Business and Enterprise Development Pub Date : 2023-09-22 DOI:10.1108/jsbed-09-2022-0375

Diego Matricano

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引用次数: 0

Abstract

Purpose The Italian government enacted two laws: ruling innovative startups (Law 221/2012) and innovative SMEs (Law Decree 3/2015), respectively. Despite renowned differences between them, the parameters selected and included in these laws are the same: investments in research and development (R&D) activities, hiring specialized researchers and holding patents/property rights. Taking a cue from the Italian case, the following research question emerges: whether small business policies, concerning innovative startups and SMEs, should be differentiated to be effective and support enterprise development. The Italian case is invoked to offer suggestions and recommendations to policymakers around the world. Design/methodology/approach Stochastic frontier analyses (SFA) were conducted by using data provided by the Italian Ministry of Economic Development (MISE) about 14,595 innovative startups and 2,338 innovative SMEs. Findings Statistical results reveal that enterprise development processes are different between innovative startups and SMEs. Innovative startups may start a virtuous model, while innovative SMEs may not. This corroborates the idea that small business policies need to be differentiated in order to be effective. Originality/value Unlike other papers, small businesses are not considered as a whole. Innovative startups and SMEs are two different types of firms, so specific investigations are conducted to remark on the already-known differences and disclose new ones.

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基于创业风险类型的政策设计:创新、雇佣行为和专利所有权对企业发展的影响

意大利政府颁布了两项法律:分别规定创新型创业公司(第221/2012号法律)和创新型中小企业(第3/2015号法令)。尽管它们之间存在着众所周知的差异，但这些法律所选择和包含的参数是相同的:对研发活动的投资，雇用专业研究人员和持有专利/产权。从意大利的案例中可以看出，研究的问题是:针对创新型创业公司和中小企业的小企业政策，是否应该区分开来，才能有效地支持企业发展。意大利的案例可以为世界各地的政策制定者提供建议和建议。设计/方法/方法随机前沿分析(SFA)使用意大利经济发展部(MISE)提供的约14,595家创新型创业公司和2,338家创新型中小企业的数据进行。统计结果表明，创新型创业公司与中小企业的企业发展过程存在差异。创新型创业公司可能会开启一种良性模式，而创新型中小企业可能不会。这证实了小企业政策需要区别对待才能有效的观点。独创性/价值与其他论文不同，小型企业不被视为一个整体。创新型创业公司和中小企业是两种不同类型的企业，因此我们进行了具体的调查，以补充已知的差异，并揭示新的差异。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Small Business and Enterprise Development BUSINESS-

CiteScore

6.40

自引率

6.50%

发文量

期刊介绍： ■Research in SMEs, entrepreneurship and family-run businesses ■Case studies on real-life small business experiences ■Small Business growth and successful enterprises ■Practical advice from small business advisors ■Recruitment, training and development for SMEs ■Performance measurement and business improvement ■Government initiatives and enterprise policy ■SME financing and venture capital. By encouraging debate on the key issues facing SMEs, the journal offers detailed analysis and critical assessment of current best practice, discusses the implications of latest research findings and explores opportunities to break down the barriers that restrict the growth of SMEs.