This analysis reveals how entrepreneurial ecosystem elements impact product innovation in high-tech start-ups, indicating regional differences in innovation outcomes.
Key Points
Product innovation varies across urban and rural regions due to differing regional determinants.
The study differentiates between incremental and radical innovations using firm-level data from 2007–2014.
Findings indicate that region-level factors can either facilitate or hinder innovation dependently on location.
Policies should align with regional conditions to effectively foster product innovations in high-tech start-ups.