Management control systems and innovation strategies in business-incubated start-ups

Jacobo Gomez-Conde, Ernesto Lopez-Valeiras, Ricardo Malagueño, Raul Gonzalez-Castro

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)
181 Downloads (Pure)


We respond to recent calls for a better understanding of the effects of management control systems (MCS) in small start-ups. Using a sample of business-incubated start-ups, we examine the performance effects of the alignment between MCS and innovation strategies. Regression analyses show higher performance when financial (non-financial) MCS are associated with an emphasis on exploratory (exploitative) innovation strategies. Overall, this study contributes to understanding the contingent effects of MCS and innovation strategies in business-incubated start-ups, as well as the consequences for their outcome and survival.

Original languageEnglish
Pages (from-to)210-236
Number of pages27
JournalAccounting and Business Research
Issue number2
Early online date9 Nov 2021
Publication statusPublished - Jan 2023


  • Management control systems
  • Incubated start-ups
  • Business incubators
  • Innovation
  • Strategy
  • innovation
  • management control systems
  • incubated start-ups
  • strategy
  • business incubators
  • Alfabetización financiera del emprendedor, innovación y rendimiento en empresas incubadas

    Translated title of the contribution: Entrepreneur financial literacy, innovation and performance in incubated start-upsGraña-Álvarez, R., Lopez-Valeiras, E., González-Loureiro, M., Malagueño, R. & Coronado, F., Mar 2021, Cinco estudios sobre educación financiera en España: Programa Funcas Educa de Ayudas a la Investigación en Educación Financiera.

    Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

  • Alfabetización financiera en empresas incubadas y sus implicaciones organizativas

    Translated title of the contribution: Financial literacy in incubated firms and its organizational implicationsGraña-Álvarez, R., Lopez-Valeiras, E., González-Loureiro, M., Coronado, F. & Malagueño, R., May 2021, FUNCAS. 77 p.

    Research output: Book/ReportBook

    Open Access

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