Entrepreneurial competencies in successfully innovative SMEs
Kyllikki Taipale-Erävala,
Kaisa Henttonen and
Hannele Lampela
International Journal of Entrepreneurship and Small Business, 2019, vol. 38, issue 3, 251-276
Abstract:
This study examines what kinds of specific entrepreneurial competencies enable SMEs to successfully implement innovations. The conceptual research approach is supported by empirical data in a multiple case study. A framework of entrepreneurial competencies in the 2000s is created, based on how they are defined in the recent literature, and the framework is reflected with qualitative interview data from 13 innovative Finnish SMEs in the forest industry. The study indicates that in SMEs that were able to successfully exploit and execute innovations, the entrepreneurial competencies include special extrovert competencies (e.g., open-mindedness), competencies related to preparation, and pro-activeness in business operations, which all seem to have a significant influence on successfully implementing innovations. Additionally, the study concluded that there are no notable differences between different innovation types and found entrepreneurial competencies in innovative SMEs.
Keywords: entrepreneurial competencies; entrepreneurship; small business; innovative; Finland; multiple case study; small and medium-sized enterprises; SMEs. (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://www.inderscience.com/link.php?id=103428 (text/html)
Access to full text is restricted to subscribers.
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:ids:ijesbu:v:38:y:2019:i:3:p:251-276
Access Statistics for this article
More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().