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

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

doi:10.1080/00014788.2021.1986365

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 journal › Article › peer-review

11 Citations (Scopus)

191 Downloads (Pure)

Abstract

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 language	English
Pages (from-to)	210-236
Number of pages	27
Journal	Accounting and Business Research
Volume	53
Issue number	2
Early online date	9 Nov 2021
DOIs	https://doi.org/10.1080/00014788.2021.1986365
Publication status	Published - Jan 2023

Keywords

Management control systems
Incubated start-ups
Business incubators
Innovation
Strategy
innovation
management control systems
incubated start-ups
strategy
business incubators

Access to Document

10.1080/00014788.2021.1986365

Accepted_ManuscriptAccepted author manuscript, 500 KBLicence: CC BY-NC-ND

Cite this

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title = "Management control systems and innovation strategies in business-incubated start-ups",

abstract = "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.",

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AU - Lopez-Valeiras, Ernesto

AU - Malagueño, Ricardo

AU - Gonzalez-Castro, Raul

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AB - 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.

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KW - Innovation

KW - Strategy

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

Abstract

Keywords

Access to Document

Other files and links

Alfabetización financiera del emprendedor, innovación y rendimiento en empresas incubadas

Alfabetización financiera en empresas incubadas y sus implicaciones organizativas

Management tools are key to the survival and performance of startups

Cite this

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

Abstract

Keywords

Access to Document

Other files and links

Research output

Alfabetización financiera del emprendedor, innovación y rendimiento en empresas incubadas

Alfabetización financiera en empresas incubadas y sus implicaciones organizativas

Press/Media

Management tools are key to the survival and performance of startups

Cite this