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Innovation in Mexican Micro and Small Businesses: Individual Skills and Knowledge

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Listed:
  • Mario Alberto García-Meza
  • Omar Neme-Castillo
  • Ana Lilia Valderrama-Santibanez

Abstract

A way to increase the value added to micro and small businesses (MSB) is through innovation, which starts from an intellectual capital where skills, attitudes, motivations and knowledge are the key. Innovation is seen as a process that results from the formation of skills of labor, and education or training and experience that leads to individual innovation. Thus, externalities of such skills translate into successful innovation processes (generation, development or modification of products and processes). Also, in transit through the spiral of innovation, which involves one step of creativity and one of entrepreneurship, three interrelated types of human skills come into play: basic, secondary and innovative. Therefore, the aim of the paper is to describe the importance of the individualsʼ skills and knowledge to the innovation process in Mexican MSB.

Suggested Citation

  • Mario Alberto García-Meza & Omar Neme-Castillo & Ana Lilia Valderrama-Santibanez, 2016. "Innovation in Mexican Micro and Small Businesses: Individual Skills and Knowledge," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 2(3), pages 319-333, July.
    • Handle: RePEc:ate:journl:ajbev2i3-6
    DOI: =10.30958/ajbe.2-3-6
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    References listed on IDEAS

    as
    1. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, December.
    2. Bernard Burnes, 2004. "Kurt Lewin and the Planned Approach to Change: A Re‐appraisal," Journal of Management Studies, Wiley Blackwell, vol. 41(6), pages 977-1002, September.
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