Major obstacles in innovative activities of family-owned smes: Evidence from czechia
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F21%3AN0000009" target="_blank" >RIV/04130081:_____/21:N0000009 - isvavai.cz</a>
Result on the web
<a href="https://www.economics-sociology.eu/?819,en_major-obstacles-in-innovative-activities-of-family-owned-smes-evidence-from-czechia" target="_blank" >https://www.economics-sociology.eu/?819,en_major-obstacles-in-innovative-activities-of-family-owned-smes-evidence-from-czechia</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.14254/2071-789X.2021/14-2/7" target="_blank" >10.14254/2071-789X.2021/14-2/7</a>
Alternative languages
Result language
angličtina
Original language name
Major obstacles in innovative activities of family-owned smes: Evidence from czechia
Original language description
Innovation is one of the most crucial factors that make SMEs differentiate themselves against their competitors to generate more income, profit, and exports. In this context, this research explores the differences in family-owned SMEs' innovativeness by highlighting the most common obstacles that family-owned SMEs face. In parallel with this purpose, 350 family-owned SMEs in Czechia are examined. The researchers created a self-administered and internet-mediated questionnaire and sent it to the survey respondents that were intentionally sampled to collect the research data. We used the independent Sample T-test performed in SPSS to analyze the differences between the selected variables. According to the results, this paper confirms the nonexistence of the differences between innovativeness of SMEs. Significant constraints of SMEs regarding innovative actions such as lacking finance and human resources, protection of intellectual properties and educational status of owners/entrepreneurs might be the reasons behind these results. In this regard, implications of policy makers and other institutions to encourage innovative posture of SMEs might be convenient for them to compete with their larger rivals.https://www.economics-sociology.eu/?819,en_major-obstacles-in-innovative-activities-of-family-owned-smes-evidence-from-czechia
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
ECONOMICS & SOCIOLOGY
ISSN
2071-789X
e-ISSN
2306-3459
Volume of the periodical
14
Issue of the periodical within the volume
2
Country of publishing house
PL - POLAND
Number of pages
13
Pages from-to
137-149
UT code for WoS article
000672183100007
EID of the result in the Scopus database
2-s2.0-85109049278