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Innovation in the Management of SMEs in the Service Sector in Poland

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  • Robert Nowacki

    (University of Finance and Management in Warsaw, Poland)

  • Marcin W. Staniewski

    ()
    (University of Finance and Management in Warsaw, Poland)

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    Abstract

    The present study focuses on the issue of innovation among small and medium-sized enterprises (SMEs), which constitute the lifeblood of economic growth. The power of this lifeblood depends on the level of innovativeness of these enterprises insofar as SMEs consider innovation their main operational strategy for gaining a competitive advantage over large companies. Innovation accrues various economic advantages for SMEs that may not be overlooked in the management process. The authors of this paper therefore analyze the awareness and use of innovative solutions in the management process of SMEs operating within the service sector in Poland. The research was conducted in 2009 to 2010 through direct face-to-face interviews with 608 top managers.

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    Bibliographic Info

    Article provided by Academy of Economic Studies - Bucharest, Romania in its journal The AMFITEATRU ECONOMIC journal.

    Volume (Year): 14 (2012)
    Issue (Month): Special No. 6 (November)
    Pages: 755-773

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    Handle: RePEc:aes:amfeco:v:14:y:2012:i:special_no_6:p:755-773

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    Related research

    Keywords: innovation; management; SME; service sector; Poland;

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    References

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    1. Gary A Knight & S Tamer Cavusgil, 2004. "Innovation, organizational capabilities, and the born-global firm," Journal of International Business Studies, Palgrave Macmillan, vol. 35(4), pages 334-334, July.
    2. Gary A Knight & S Tamar Cavusgil, 2004. "Innovation, organizational capabilities, and the born-global firm," Journal of International Business Studies, Palgrave Macmillan, vol. 35(2), pages 124-141, March.
    3. Graeme Salaman, 2002. "Managers' Theories About the Process of Innovation," Journal of Management Studies, Wiley Blackwell, Wiley Blackwell, vol. 39(2), pages 147-165, 03.
    4. Cooke, Philip & Wills, David, 1999. " Small Firms, Social Capital and the Enhancement of Business Performance through Innovation Programmes," Small Business Economics, Springer, Springer, vol. 13(3), pages 219-34, November.
    5. Alfred Kleinknecht & Kees Van Montfort & Erik Brouwer, 2002. "The Non-Trivial Choice between Innovation Indicators," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(2), pages 109-121.
    6. Mom, T.J.M. & van den Bosch, F.A.J. & Volberda, H.W., 2006. "Investigating Managers' Exploration and Exploitation Activities: The Influence of Top-down, Bottom-up, and Horizontal Knowledge Inflows," ERIM Report Series Research in Management, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasm ERS-2006-078-STR, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    7. Ritter, Thomas & Gemunden, Hans Georg, 2003. "Network competence: Its impact on innovation success and its antecedents," Journal of Business Research, Elsevier, Elsevier, vol. 56(9), pages 745-755, September.
    8. Busenitz, Lowell W. & Barney, Jay B., 1997. "Differences between entrepreneurs and managers in large organizations: Biases and heuristics in strategic decision-making," Journal of Business Venturing, Elsevier, vol. 12(1), pages 9-30, January.
    9. Mark Rogers, 2004. "Networks, Firm Size and Innovation," Small Business Economics, Springer, Springer, vol. 22(2), pages 141-153, 03.
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    Cited by:
    1. Svetlana Vukotić & Jugoslav Aničić & Marko Laketa, 2013. "Clusters as a Part of Improvement Function of Serbian Economy Real Sector Competitiveness," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, Academy of Economic Studies - Bucharest, Romania, vol. 15(33), pages 224-245, February.

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