Entrepreneurship and innovativeness of small and medium-sized construction enterprises
Marcin W. Staniewski (),
Robert Nowacki () and
Katarzyna Awruk ()
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Marcin W. Staniewski: University of Finance and Management in Warsaw
Robert Nowacki: University of Finance and Management in Warsaw
Katarzyna Awruk: University of Finance and Management in Warsaw
International Entrepreneurship and Management Journal, 2016, vol. 12, issue 3, No 12, 877 pages
Abstract The construction industry is a key industry in any economy. Due to its specific characteristics, the industry is of substantial importance to the development of other sectors. Competition is highly intense, and the industry itself is susceptible to changes in market circumstances that force the entities operating in it to continuously take actions to enhance their competitiveness by, among other things, introducing innovative solutions. The objective of the present study is to evaluate the level of innovativeness of enterprises in the small and medium-sized (SME) sector in the Polish construction industry and to identify the factors that influence this level of innovativeness, which relates to the location of the business and managers’ awareness of the significance of innovation in shaping a firm’s competitiveness. Qualitative research was conducted on a sample of 608 companies. The obtained results demonstrate that construction companies from the SME sector in Poland are characterized by a level of innovativeness that is similar to that found in other enterprises, which is a consequence of the relatively high awareness of the significance of innovation to obtaining a competitive position among the managers of these companies. An analysis of the innovative activities of these companies by location shows, in turn, that entities operating in regions that are less economically developed and less attractive in terms of investment are more innovative.
Keywords: Entrepreneurship; Competitive position; Regional development; Innovativeness; Management; Poland (search for similar items in EconPapers)
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