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Main Types of SMEs Innovations and Their Interdependence

In: Entrepreneurial/Managerial Innovative Strategies and Behaviour in Global Multicultural Environment. Proceedings of the Sixth International Conference, 9 – 12 September 2014, Nessebar, Bulgaria

Author

Listed:
  • Edgar Izquierdo

    (FIEC – Escuela Superior Politécnica del Litoral (ESPOL), ESPAE Graduate School of Management, Guayaquil, Ecuador)

  • Nikolay Dentchev

    (Vrije Universiteit Brussel, KULeuven, Brussels, Belgium)

Abstract

Youth unemployment is becoming a serious issue in Europe after the sub-prime financial crisis in 2008. New venture creation is an obvious solution, however, little is still known about the underlying motivations that may mobilize the students’ intentions to develop their own business. We address this void presenting a model of entrepreneurial intentions, in which the effect of motivational factors and entrepreneurial exposure on students’ intentions to new venture creation was examined. Data were collected among 171 undergraduate students from three universities in Ecuador. Results indicate that the need for learning, acting as an intrinsic motivation, has a positive influence on entrepreneurial intentions through the mediation of work attitudes. Also, a positive relationship was found between entrepreneurial exposure and intentions. Discussion and implications are presented together with suggestions for future research.

Suggested Citation

  • Edgar Izquierdo & Nikolay Dentchev, 2015. "Main Types of SMEs Innovations and Their Interdependence," Conference Proceedings Chapters, in: Kiril Todorov & Mitko Dimitrov (ed.), Entrepreneurial/Managerial Innovative Strategies and Behaviour in Global Multicultural Environment. Proceedings of the Sixth International Conference,, edition 1, chapter 127, pages 257-276, Bulgarian Association for Management Development and Entrepreneurship.
  • Handle: RePEc:mdv:cpchap:y:2014:13
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