Entrepreneurial bricolage: A key to innovation for SMEs in a developing economy

John Paul C. Flaminiano ()
Additional contact information
John Paul C. Flaminiano: Asian Institute of Management R.S.N. Policy Center for Competitiveness, Makati City, https://orcid.org/0000-0002-1614-4071

Small Business International Review, 2024, vol. 8, issue 1, e645

Abstract: Entrepreneurship promotes economic growth, particularly in developing economies where small and medium-sized enterprises (SMEs) are a significant source of employment and economic activity. However, SMEs in developing countries often face various resource constraints and weak institutions, forcing them to engage in entrepreneurial bricolage behavior by creatively combining existing resources. This study explores the relationship between entrepreneurial bricolage and product, process, and marketing innovation among SMEs in the Philippines. Logistic regression estimates reveal that entrepreneurial bricolage has a significant and positive impact on product, process, and marketing innovation. As entrepreneurial bricolage behavior increases, so does the probability of innovation, highlighting the importance of creative problem-solving in settings with inadequate resources. The study also emphasizes the need for policies that support SMEs by providing enabling resources, such as robust infrastructure and reliable communication platforms, to encourage firm innovation that fosters positive spill-over effects on the broader economy.

Keywords: SMEs; bricolage; innovation; entrepreneurship (search for similar items in EconPapers)
JEL-codes: L26 O30 O31 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.26784/sbir.v8i1.645 (text/html)
https://sbir.upct.es/index.php/sbir/article/view/645/339 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aaz:sbir01:v:8:y:2024:i:1:p:e645

DOI: 10.26784/sbir.v8i1.645

Access Statistics for this article

Small Business International Review is currently edited by Sánchez Marín, Gregorio and Dieguez Soto, Julio

More articles in Small Business International Review from Asociación Española de Contabilidad y Administración de Empresas - AECA Contact information at EDIRC.
Bibliographic data for series maintained by Carlos Martinez ().