Major obstacles in innovative activities of family-owned smes: Evidence from czechia

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Major obstacles in innovative activities of family-owned smes: Evidence from czechia

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

Major obstacles in innovative activities of family-owned smes: Evidence from czechia

Popis výsledku anglicky

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

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2021

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

ECONOMICS & SOCIOLOGY

ISSN

2071-789X

e-ISSN

2306-3459

Svazek periodika

14

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

13

Strana od-do

137-149

Kód UT WoS článku

000672183100007

EID výsledku v databázi Scopus

2-s2.0-85109049278