Hop to it! The impact of organization type on innovation response time to the COVID-19 crisis
利用商业创新数据库分析不同组织在COVID-19危机中的创新响应速度，发现初创企业最快，而大学与老牌企业无显著差异，强调了初创企业与大企业合作及开放式创新的重要性。
The COVID-19 pandemic has led to a changing environment posing many challenges that call for innovative solutions, leading to a changing innovation landscape. We explore particular organizational actors' innovation response time by analyzing data from a commercial innovation database. Arguing that innovation response time mostly depends on how organizations perceive time, we expect innovative start-ups to be the quickest and universities to be the slowest in responding to the crisis. Controlling for a set of external drivers of structural change, we find support for our hypothesis about start-ups. Contrary to our expectations, universities do not significantly differ in their innovation response time compared with incumbents. To underpin the robustness of our findings, we provide a specification curve analysis. Our results indicate the significance of start-up-corporate collaboration and open innovation, especially in the aftermath of the crisis.