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2018 | Book

Knowledge-Intensive Entrepreneurship

An Analysis of the European Textile and Apparel Industries

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About this book

This book examines knowledge-intensive entrepreneurship (KIE) with a focus on the European textile and apparel industries. The primary purpose is to review the extant academic literature related to the European textile and apparel industries and reflect on that review empirically using a new and robust database on KIE to discover patterns between human capital and strategic entrepreneurial and innovative behavior.

According to the Advancing Knowledge-Intensive Entrepreneurship and Innovation for Economic Growth and Social Well-being in Europe (AEGIS) project, KIE is defined as an interface between knowledge generation and diffusion and the productive system. Knowledge-intensive entrepreneurs are thus involved in mechanisms that translate knowledge into innovation, which in turn leads to economic development and growth within an industry and/or region. To date, KIE is often associated with high-tech industries such as aerospace, computer engineering, automotive or telecommunications. For this reason, few studies have been conducted that specifically examine KIE as an avenue for firm or sector growth in the textile and apparel industries. However, new studies have positioned these industries as ones in which KIE can foster growth through innovation, and where products and processes are often evaluated within a knowledge-based framework. Building on this growing literature base, this volume explores potential policies and strategies for driving innovation and growth at the firm and industry levels in Europe and other regions, including the United States.

Table of Contents

Frontmatter
Chapter 1. Setting the Stage
Abstract
This chapter sets the stage for the remainder of the book. Herein we discuss the meaning of knowledge-intensive entrepreneurship (KIE), and we discuss why we have chosen to examine KIE and why we have chosen to emphasize the European textile and apparel firms in this book. The remaining chapters in the book are also outlined.
Nancy J. Hodges, Albert N. Link
Chapter 2. The European Textile and Apparel Industries: An Institutional and Literature Review
Abstract
As background for understanding the role of KIE within the EU textile and apparel industries through the empirical analyses in later chapters, this chapter summarizes the dynamics of the European textile and apparel industries in the post-2005 period. It also discusses the role of small firms in the present-day European textile and apparel industries, in general, and specifically with respect to innovation. And, it examines the research literature that explores KIE and, in particular, the literature that is focused on today’s European textile and apparel industries.
Nancy J. Hodges, Albert N. Link
Chapter 3. Trends in the European Textile and Apparel Industries
Abstract
Trends in the textile and apparel industries in Europe are described in this chapter. A case is made that these are industries that were affected by the 2008–2009 economic and financial crisis in Europe and are just beginning to recover.
Nancy J. Hodges, Albert N. Link
Chapter 4. The AEGIS Database
Abstract
The AEGIS (advancing knowledge-intensive entrepreneurship and innovation for growth and social well-being in Europe) database is described in this chapter, including the origin of the data product, the purpose of the data collection effort, and its completeness relative to other collections of information about small entrepreneurial firms.
Nancy J. Hodges, Albert N. Link
Chapter 5. Characteristics of KIE Textile and Apparel Firms and Founders
Abstract
This chapter relied on the AEGIS database to describe KIE firms in the textile and apparel industries. Relevant characteristics include the age of the firms, their number of employees, and characteristics of their founders. The human capital characteristics of the founders of KIE firms include age, education, and work experience.
Nancy J. Hodges, Albert N. Link
Chapter 6. Sources of Knowledge Used by KIE Textile and Apparel Firms
Abstract
A fundamental hypothesis in this book is that the sources of knowledge used by KIE firms influence their strategic entrepreneurial and innovative behavior and that behavior affects their economic performance. The various sources of knowledge that KIE firms use address factors that influenced the formation of the firm and factors for exploring new business opportunities.
Nancy J. Hodges, Albert N. Link
Chapter 7. The Strategic Behavior of KIE Textile and Apparel Firms
Abstract
This chapter explores the sources of knowledge identified in Chap. 6, and investigates if there is a direct relationship between the importance of the factors and sources of knowledge and entrepreneurial performance. The ultimate goal of this chapter is to consider the strength of the first part of the relationship: Sources of Knowledge→Strategic Behavior→Entrepreneurial Performance. The empirical evidence supports that sources of knowledge are related to strategic behaviors.
Nancy J. Hodges, Albert N. Link
Chapter 8. The Entrepreneurial Performance of KIE Textile and Apparel Firms
Abstract
This chapter uses the AEGIS data to construct measures of entrepreneurial performance so that the second part of the Sources of Knowledge→Strategic Behavior→Entrepreneurial Performance relationship can be examined empirically. The performance measures are related to commercialization, sales growth, and employment growth.
Nancy J. Hodges, Albert N. Link
Chapter 9. The Antecedents of Entrepreneurial Performance in KIE Textile and Apparel Firms
Abstract
Regarding the relationship Sources of Knowledge→Strategic Behavior→Entrepreneurial Performance, the empirical evidence suggests that for textile firms, technical sources of knowledge affect the strategic behavior of firms, and that behavior in turn affects entrepreneurial behavior as measured by sales growth. However, for apparel firms, technical sources of knowledge have a direct rather than an indirect effect on sales growth.
Nancy J. Hodges, Albert N. Link
Chapter 10. Prescriptions for Growth for US Textile and Apparel Firms
Abstract
Based on the empirical findings from Chap. 9 and an overview of the institutional history of the US textile and apparel industries, policy prescriptions for the growth of the US industry are suggested. Namely, we suggest the formation of a textile extension program (TEP) and/or an apparel extension program (AEP) might be able to inform firm principals which universities or research institutes have greater expertise to solve specific manufacturing or production issues. TEP and/or AEP hubs might also point firm principals to regional or national research programs that are aligned well with their manufacturing or production needs.
Nancy J. Hodges, Albert N. Link
Chapter 11. Concluding Remarks
Abstract
This concluding chapter summarizes the findings in the book by answering three overarching research questions: (1) While there are many small firms that comprise the EU textile and apparel industries, how and to what extent are these firms entrepreneurial and/or innovative in their behaviors? (2) What might KIE, and, in particular, entrepreneurial and innovative behaviors, mean for firm performance and/or industrial growth? And (3) what, if anything, do our empirical findings suggest for those small- and medium-sized firms that comprise the US textile and apparel industries? The book makes the case that (1) textile firms are more entrepreneurial and/or innovative than apparel firms as measured using the AEGIS data, (2) entrepreneurial and/or innovative behavior is the statistical driver of firm performance, and, (3) regarding sales growth for the US industries, extension programs focused on sources of technical knowledge may be an effective growth policy.
Nancy J. Hodges, Albert N. Link
Backmatter
Metadata
Title
Knowledge-Intensive Entrepreneurship
Authors
Nancy J. Hodges
Albert N. Link
Copyright Year
2018
Electronic ISBN
978-3-319-68777-3
Print ISBN
978-3-319-68776-6
DOI
https://doi.org/10.1007/978-3-319-68777-3