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Factors Influencing Innovation In Smes In Romania

Author

Listed:
  • HOLBAN ONCIOIU IONICA

    (Academy of Economies Studies from Bucharest, Economic Sciences)

  • ONCIOIU FLORIN RAZVAN

    (University of Agronomic Sciences and Veterinary Medicine of Bucharest Romania, Agronomy)

Abstract

Innovation is a broad concept and it is not in contradiction with tradition. Any entrepreneur, even when working in a traditional sector or businesses with strong traditions such as a family business can be innovative. Innovation is not only pushed by the entrepreneur but is increasingly market pulled. Through an innovation ¬entrepreneur it is wanted to influence his market structure or to develop new markets. Radical innovations introduce new business concepts, which require an ability to organize resources and competence in novel patterns. Enterprises extend their ability to develop new business concepts, their dynamic capability, by accessing external re¬sources. This study proposes to investigate how the use of external resources varies in the course of SMEs innovation processes, and how deployment of external resources is influenced by the nature of the innovation as well as by the context of the innovation process.

Suggested Citation

  • Holban Oncioiu Ionica & Oncioiu Florin Razvan, 2010. "Factors Influencing Innovation In Smes In Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 256-261, December.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:256-261
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/037.pdf
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    More about this item

    Keywords

    Small and Medium Enterprises; competitiveness; innovation;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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