The Effects of Knowledge Spillovers and Accelerator Programs on the Product Innovation of High-Tech Start-Ups: A Multiple Case Study

Cuvero Calero, M., Granados, M., Pilkington, A. and Evans, R.D. 2022. The Effects of Knowledge Spillovers and Accelerator Programs on the Product Innovation of High-Tech Start-Ups: A Multiple Case Study. IEEE Transactions on Engineering Management. 69 (4), pp. 1682-1695. https://doi.org/10.1109/tem.2019.2923250

TitleThe Effects of Knowledge Spillovers and Accelerator Programs on the Product Innovation of High-Tech Start-Ups: A Multiple Case Study
TypeJournal article
AuthorsCuvero Calero, M., Granados, M., Pilkington, A. and Evans, R.D.
Abstract

The Knowledge Spillover Theory of Entrepreneurship (KSTE) explores the effects that new knowledge and proximity have on the exploitation of entrepreneurial opportunities and the resultant creation of start-ups. This paper aims to identify the types of knowledge spillovers that affect entrepreneurs in the early stages of start-up development. A conceptual model is proposed, using a multi-case study approach involving High-Tech start-ups that have attended accelerator and incubator programmes in Greater London, United Kingdom (UK). The research involved 32 semistructured interviews with Chief Executive Officers (CEOs) and co-founders of start-up companies. Our findings suggest that entrepreneurs are influenced by various forms of knowledge spillover which assist in determining the strategic decision of the company, in terms of formation, including partnerships or alliances, allocation of Research and Development (R&D) budgets, and engagement in product innovation. Further observations confirm that High-tech start-ups focus on a fast pace of constant product innovation to cover identified gaps in the market. One significant finding is that start-ups use various technological platforms to access knowledge spillovers which challenges the ideas of geographical proximity present in existing KSTE understanding.

KeywordsKnowledge Spillovers; Entrepreneurship; High-Tech Start-ups; Product Innovation; Absorptive Capacity; Accelerator programmes.
JournalIEEE Transactions on Engineering Management
Journal citation69 (4), pp. 1682-1695
ISSN0018-9391
1558-0040
Year2022
PublisherIEEE
Accepted author manuscript
Digital Object Identifier (DOI)https://doi.org/10.1109/tem.2019.2923250
Web address (URL)http://dx.doi.org/10.1109/tem.2019.2923250
Publication dates
Published online18 Jul 2019
Published in print2022

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Dyerson, R. and Pilkington, A. 2002. All steering in the same direction? Patterns of patent activity and the development of fuel cell technology. 2002 IEEE International Engineering Management Conference. Cambridge, United Kingdom 18 - 20 Aug 2002 IEEE . https://doi.org/10.1109/IEMC.2002.1038524

Patent data as indicators of technological development: Investigating the electric vehicle
Pilkington, A., Dyerson, R. and Tissier, O. 2001. Patent data as indicators of technological development: Investigating the electric vehicle. Technology Management in the Knowledge ERA (PICMET). Portland, OR 29 Jul - 02 Aug 2001

Mass-Customization Definitions for Operations Marketing and Strategy: Conflict at the Interface
Pilkington, A. 2001. Mass-Customization Definitions for Operations Marketing and Strategy: Conflict at the Interface. 8th International Annual Conference of the European Operations Management Association. Bath 03 - 05 Jun 2001

Introducing Alternative Technologies: The case of the electric vehicle
Pilkington, A. 2001. Introducing Alternative Technologies: The case of the electric vehicle. in: Dorf, R. (ed.) Technology, Humans, and Society Academic Press. pp. 389-394

Conflict at the Interface: Mass Customization Definitions for Operations, Marketing and Strategy
Pilkington, A. 2001. Conflict at the Interface: Mass Customization Definitions for Operations, Marketing and Strategy. in: Blackon, K., Brown, S., Cousins, P., Graves, A., Harland, C., Lamming, R. and Maylor, H. (ed.) What Really Matters in Operations Management Bradford Press.

Capability Alignment and the Electric Vehicle
Pilkington, A. 2001. Capability Alignment and the Electric Vehicle. in: Kogaoglu, D. and Anderson, T. (ed.) Technology Management in the Knowledge Era IEEE . pp. 497-505

Switched on? Patterns of patent activity and the development of the electric vehicle
Dyerson, R. and Pilkington, A. 2000. Switched on? Patterns of patent activity and the development of the electric vehicle. 2000 IEEE International Conference on Management of Innovation and Technology (ICMIT 2000). Singapore 12 - 15 Nov 2000 IEEE . https://doi.org/10.1109/icmit.2000.916792

Mass customization: Conflicting definitions
Pilkington, A. and Chong, D. 2000. Mass customization: Conflicting definitions. 2000 IEEE International Conference on Management of Innovation and Technology (ICMIT 2000). Singapore 12 - 15 Nov 2000 IEEE . https://doi.org/10.1109/icmit.2000.917284

The Demise of Best Practice
Pilkington, A. 2000. The Demise of Best Practice. in: Cortada, J. and Woods, J. (ed.) The Quality Yearbook 2000 McGraw-Hill.

Patterns of Activity and the Development of the Electric Vehicle
Pilkington, A. 2000. Patterns of Activity and the Development of the Electric Vehicle. in: Wei, F. and Bauley, J. (ed.) Management in the 21st Century IEEE .

Multiple Contexts in Technological Development: Hardware and Software Development of the Electric Vehicle
Pilkington, A. 2000. Multiple Contexts in Technological Development: Hardware and Software Development of the Electric Vehicle. Technology Management: Strategies and Applications. 5 (2), pp. 131-140.

Innovation in Complex Systems: Regulation and Technology towards the Electric Vehicle
Pilkington, A. 2000. Innovation in Complex Systems: Regulation and Technology towards the Electric Vehicle. International Journal of Innovation Management. 4 (1), pp. 33-49. https://doi.org/10.1142/S1363919600000032

Evidence for an Integrated Product-Service Matrix
Pilkington, A. 2000. Evidence for an Integrated Product-Service Matrix. in: Smith, M., Sun, M. and Smunt, T. (ed.) Expanding Boundaries of POM POMS.

Conflicting Definitions: Mass Customization
Pilkington, A. and Chong, D. 2000. Conflicting Definitions: Mass Customization. in: Wei, F. and Bauley, J. (ed.) Management in the 21st Century IEEE .

Innovation in Complex Systems: Regulation and Technology Towards the Electric Vehicle
Dyerson, R. and Pilkington, A. 2000. Innovation in Complex Systems: Regulation and Technology Towards the Electric Vehicle. International Journal of Innovation Management. 4 (1), pp. 33-49. https://doi.org/10.1142/s1363919600000032

Is production and operations management a discipline? A citation/co-citation study
Pilkington, A. and Liston-Heyes, C. 1999. Is production and operations management a discipline? A citation/co-citation study. International Journal of Operations and Production Management. https://doi.org/10.1108/01443579910244188

Strategic alliance and dependency in design and manufacture: The Rover-Honda case
Pilkington, A. 1999. Strategic alliance and dependency in design and manufacture: The Rover-Honda case. International Journal of Operations and Production Management. 19 (5/6), pp. 460-474. https://doi.org/10.1108/01443579910260784

Environmental Regulation and New Product Development: Extending Simultaneous Engineering
Pilkington, A. 1999. Environmental Regulation and New Product Development: Extending Simultaneous Engineering. in: Gregory, M. and Gardiner, G. (ed.) International Product Development Management Cambridge University Press.

Complementary Innovation: Systems and Technologies towards the Electric Vehicle
Pilkington, A. 1999. Complementary Innovation: Systems and Technologies towards the Electric Vehicle. in: Kogaoglu, D. and Anderson, T. (ed.) Technology and Innovation Management: Setting the Pace for the Third Millennium IEEE .

The fit and misfit of technological capability: responses to vehicle emission regulation in the US
Pilkington, A. 1998. The fit and misfit of technological capability: responses to vehicle emission regulation in the US. Technology Analysis and Strategic Management. 10 (2), pp. 211-224. https://doi.org/10.1080/09537329808524312

International Joint Ventures in Manufacturing and Design
Pilkington, A. 1998. International Joint Ventures in Manufacturing and Design. 1998 EurOMA Workshop on International Operations. Aston University, Birmingham 1998

Manufacturing Strategy Regained: Evidence for the Demise of Best-Practice
Pilkington, A. 1998. Manufacturing Strategy Regained: Evidence for the Demise of Best-Practice. California Management Review. 41 (1), pp. 31-42. https://doi.org/10.2307/41165974

Emissions or Economics: The Status and Potential of Alternative Fuel Technology
Pilkington, A. 1997. Emissions or Economics: The Status and Potential of Alternative Fuel Technology.

Transforming Rover: Renewal Against the Odds, 1981-94
Pilkington, A. 1996. Transforming Rover: Renewal Against the Odds, 1981-94. Bristol Academic Press.

Learning from joint venture: The Rover Honda relationship
Pilkington, A. 1996. Learning from joint venture: The Rover Honda relationship. Business History. 38 (1), pp. 90-114. https://doi.org/10.1080/00076799600000005

Manufacturing Methods: Lessons from the Japanese Motor Industry
Pilkington, A. 1996. Manufacturing Methods: Lessons from the Japanese Motor Industry. Asia Pacific Business Review. 2 (3), pp. 163-166. https://doi.org/10.1080/13602389600000009

Japanese Production Strategies and Competitive Success: Mazda's Quiet Revolution
Pilkington, A. 1995. Japanese Production Strategies and Competitive Success: Mazda's Quiet Revolution. Journal of Far Eastern Business. 1 (4), pp. 15-35. https://doi.org/10.1080/13602389500000014

A Benchmarking Handbook for Managers
Pilkington, A. 1994. A Benchmarking Handbook for Managers. BMW Group.

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