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2020 | OriginalPaper | Chapter

5. Innovation in Small Firms

Authors : Tim Mazzarol, Sophie Reboud

Published in: Entrepreneurship and Innovation

Publisher: Springer Nature Singapore

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Abstract

This chapter examines the small business sector and the differences that exist between entrepreneurs and small business owner-managers. The “myth” of small business innovation and the entrepreneurial growth cycle of small firms are also explored along with the need for small firms to establish collaborative support networks. The importance of small business entrepreneurs being able to develop strategic thinking skills is highlighted along with the need for them to learn how to balance strategy, structure and resources.

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Title: Innovation in Small Firms
Authors: Tim Mazzarol
Sophie Reboud
Publisher: Springer Nature Singapore
Book: Entrepreneurship and Innovation
Print ISBN: 978-981-13-9411-9

Electronic ISBN: 978-981-13-9412-6

Copyright Year: 2020
DOI: https://doi.org/10.1007/978-981-13-9412-6_5