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Investigating a neglected part of Schumpeter’s creative army : what drives new-to-the-market innovation in micro-enterprises?
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Roper, Stephen and Hewitt-Dundas , Nola (2017) Investigating a neglected part of Schumpeter’s creative army : what drives new-to-the-market innovation in micro-enterprises? Small Business Economics, 49 (3). pp. 559-577. doi:10.1007/s11187-017-9844-z ISSN 0921-898X.
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Official URL: http://dx.doi.org/10.1007/s11187-017-9844-z
Abstract
Schumpeterian arguments related to creative destruction place small, entrepreneurial firms at the centre of the innovation process. The exclusion of micro-enterprises (with less than 10 employees) from most innovation surveys means, however, that we know relatively little about innovation among this group of firms. Here, using new survey data on a thousand micro-enterprises we explore the determinants of new-to-the-market innovation, the basis for the Schumpeterian creative destruction (CD) process. Our results provide strong support for the interactive nature of micro-enterprise innovation, and suggest the potential value of a model of interactive creative destruction (ICD). Contrary to some other recent evidence, market-based and supplier-based collaboration both prove important for new-to-the-market innovation. Our results suggest the importance of micro-enterprises as sources of new-to-the-market innovation and the potential value of including such firms in future innovation studies.
Item Type: | Journal Article | ||||||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||||
Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||||
Library of Congress Subject Headings (LCSH): | Small business, Technological innovations, Entrepreneurship | ||||||||
Journal or Publication Title: | Small Business Economics | ||||||||
Publisher: | Springer New York LLC | ||||||||
ISSN: | 0921-898X | ||||||||
Official Date: | October 2017 | ||||||||
Dates: |
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Volume: | 49 | ||||||||
Number: | 3 | ||||||||
Page Range: | pp. 559-577 | ||||||||
DOI: | 10.1007/s11187-017-9844-z | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||||
Date of first compliant deposit: | 9 February 2017 | ||||||||
Date of first compliant Open Access: | 21 July 2017 | ||||||||
Funder: | Economic and Social Research Council (Great Britain) (ESRC) | ||||||||
Grant number: | ES/K006614/1 |
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