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Erschienen in: International Entrepreneurship and Management Journal 4/2016

26.12.2015

Individual entrepreneurship, collective entrepreneurship and innovation in small business: an empirical study

verfasst von: Jun Yan, Li Yan

Erschienen in: International Entrepreneurship and Management Journal | Ausgabe 4/2016

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Abstract

The study reported in this article examines simultaneously the impact of individual entrepreneurship and collective entrepreneurship on innovation in small business. It intends to address the weakness in previous entrepreneurship research that either only focuses on the individual entrepreneur's role in innovation (Miller 1983 Management Science, 29:770-791), or only stresses the importance of collective entrepreneurship (Reich 1987 Harvard Business Review, 65 (3), 22-83; Stewart 1989). The results of structural equation modeling analysis of data from more than 200 small businesses show that both individual entrepreneur(s) and the collective contribute to innovation in small business. Analysis results also reveal the complex relationships between the two types of entrepreneurship in terms of their impact on innovation in small business. Factors that contribute to collective entrepreneurship were found to contribute to individual entrepreneurship, while factors that are often associated with individual entrepreneurship were found to have negative impact on collective entrepreneurship. Communication among members of the small business, which was found to directly contribute to collective entrepreneurship, was found to contribute to individual entrepreneur's knowledge of emerging markets, products, and technologies. In contrast, centralized decision making, which was found to have direct negative impact on innovation, was found to have negative impact on collaboration and communication. Implications of the study are discussed.

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Metadaten
Titel
Individual entrepreneurship, collective entrepreneurship and innovation in small business: an empirical study
verfasst von
Jun Yan
Li Yan
Publikationsdatum
26.12.2015
Verlag
Springer US
Erschienen in
International Entrepreneurship and Management Journal / Ausgabe 4/2016
Print ISSN: 1554-7191
Elektronische ISSN: 1555-1938
DOI
https://doi.org/10.1007/s11365-015-0380-5

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