Critical Factors in Managing Creativity in an SME Global Challenger

Sandhya Sastry ()
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Sandhya Sastry: Anglia Ruskin University

A chapter in Driving the Economy through Innovation and Entrepreneurship, 2013, pp 599-607 from Springer

Abstract: Abstract Purpose – The purpose of this chapter is to examine the creative environment in an enterprise with global reach, an SME global challenger, and to identify factors that are critical to building a sustainable competitive advantage in a high-value technological industry such as clinical research. The creativity preferences and internal environmental profile of BetaNova, an SME from India, is assessed in a post-merger integration (PMI) scenario. Organisational factors related to shaping creative work culture are identified as a first step towards building theory, as this area of management is as yet unexplored. Design/methodology/approach – As existing research is sparse in this area, the study used an exploratory research followed by a survey of key employees of BetaNova, with the objective of examining the internal creative environment and how its leadership can better realise creativity and innovation synergies. Key levers of creative environment and management are identified, and the impact of an enabling environment on innovation success discussed. Findings – The current internal creative environmental profile of BetaNova is analysed. The research identifies factors in developing a creative environment and in resolving creativity-related cross-border integration issues. Findings reveal that while cultural settings can affect employees’ creativity, to communication and learning, opportunities may have a greater impact. Practical implications – The research outcomes identify implications for the leadership of SME global challenger such as BetaNova in PMI scenarios and provide clear signposts to building intercultural creative environments.

Keywords: Dynamic Capability; Young Firm; Creative Idea; Sustainable Competitive Advantage; Creative People (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-0746-7_49

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DOI: 10.1007/978-81-322-0746-7_49

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