Schumpeterian Entry: Innovation, Exporting, and Growth Aspirations of Entrepreneurs


We posit that entrepreneurs who engage in strategic activities will have high growth aspirations. Our proposed mechanism is that strategic engagements, specifically product innovation, process innovation and internationalization, open entrepreneurial ventures to learning, and thereby greater growth opportunities. Furthermore, these learning effects are reinforced in research-intensive industrial environments. We apply multilevel random slope estimation for individuals from 74 countries, 2001–2015, to derive results consistent with our hypotheses. The findings are robust to potential reverse causality between strategic behavior and growth aspirations, and to selection bias resulting from strategic engagements being only observed for actual entrepreneurs.

Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
Additional Information: © Sage 2020. The final publication is available via Sage at
Publication ISSN: 1540-6520
Last Modified: 29 Nov 2023 12:44
Date Deposited: 30 Mar 2020 07:57
Full Text Link: 10.1177/1042258720909771
Related URLs: https://journal ... 042258720909771 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2020-03-26
Published Online Date: 2020-03-26
Accepted Date: 2020-03-01
Authors: Estrin, Saul
Korosteleva, Julia
Mickiewicz, Tomasz



Version: Accepted Version

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