6th Annual International Conference on Innovation and Entrepreneurship (IE 2016) 2015
DOI: 10.5176/2251-2039_ie15.19
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How small innovative firms utilise business advise? Process based classification of business advice

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Cited by 2 publications
(3 citation statements)
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“…With regard to younger organisations and given the purported need for more open variants of innovation, Mazzarol and Reboud (2006) established that small high innovator firms tend to place little value on external advice. Interestingly, in contrast, and in terms of context, the recent work of Lobacz et al, (2015), suggests small firms which are highly innovative, do in fact seek out and use external advisers. This tendency was evident when the strategic decision involved greater complexity.…”
Section: Snark Hunting: External Business Advisers the Context And Tmentioning
confidence: 96%
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“…With regard to younger organisations and given the purported need for more open variants of innovation, Mazzarol and Reboud (2006) established that small high innovator firms tend to place little value on external advice. Interestingly, in contrast, and in terms of context, the recent work of Lobacz et al, (2015), suggests small firms which are highly innovative, do in fact seek out and use external advisers. This tendency was evident when the strategic decision involved greater complexity.…”
Section: Snark Hunting: External Business Advisers the Context And Tmentioning
confidence: 96%
“…There is firstly, the literature that sees business advice as supplement to the resources available to the manager. This resource based view (RBV) of the small firm, models growth on the basis of internal processes, where it is the characteristics, resources and capabilities that is the source of advantage (Lobacz and Glodek 2015). Importantly, advice therefore has to be tailored to the specific capabilities of each firm and the adviser needs to uncover the relevant information about the resources to hand.…”
Section: Stories and Business Advice: A Theoretical Perspectivementioning
confidence: 99%
“…Ook kan de betekenis van het in gesprek zijn worden bezien vanuit verschillende aspecten in het proces dat zich afspeelt tussen MKB-ondernemers en buitenstaanders om omzetgroei te realiseren. Lobacz et al (2014) noemen bijvoorbeeld het onderlinge vertrouwen dat noodzakelijk is voor het realiseren van positieve effecten. Het succes van coaching en mentoring is ook sterk afhankelijk van het kunnen en willen samenwerken van MKB-ondernemers met buitenstaanders (Peel 2008).…”
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