Innovation and business performance for Spanish SMEs: New evidence from a multi-dimensional approach

Expósito, Alfonso; Sanchís, Juan

doi:10.1177/0266242618782596

Cited by 91 publications

(89 citation statements)

References 81 publications

(153 reference statements)

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“…The survey was addressed to the person holding the role of the entrepreneur in the firm, defined as "the person who performs principal managerial functions within the business." (Exposito and Sanchis-Llopis 2018). In this regard, several studies have demonstrated empirical evidence that SME managers implement "the most important decisions within their organizations" (Van Gils 2005; Exposito and Sanchis-Llopis 2018), including those regarding innovation strategies and their managerial perceptions shape the firm's strategic behaviour to an essential degree Donate and Pablo 2015).…”

Section: Data Collectionmentioning

confidence: 99%

“…In this regard, several studies have demonstrated empirical evidence that SME managers implement "the most important decisions within their organizations" (Van Gils 2005; Exposito and Sanchis-Llopis 2018), including those regarding innovation strategies and their managerial perceptions shape the firm's strategic behaviour to an essential degree Donate and Pablo 2015). Furthermore, several other studies suppose that self-reported information by managers can be used as an appropriate approach to measure business strategy variables including innovation and business performance (Foreman-Peck 2013; Goya et al 2016;Madrid-Guijarro et al 2013;Ramadani et al 2017;Ribau et al 2017;Exposito and Sanchis-Llopis 2018;Wang and Ahmed 2004) and financial slacks (Parida and Örtqvist 2015;Boso et al 2017).…”

Section: Data Collectionmentioning

confidence: 99%

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The Role of Financial Slack, Employee Creative Self-Efficacy and Learning Orientation in Innovation and Organizational Performance

Tran

Nguyen

Nguyễn

2018

Administrative Sciences

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Organizational performance development and financial slack have drawn extensive attention in management research. Recent studies have indicated that financial slack has a positive effect on innovation outcomes and organizational performance. However, some other studies have proposed adverse effects. This paper aimed to explore the causal linkages between employee creative self-efficacy, learning orientation, financial slack, innovation outcomes and organizational performance. It also examined the influence of innovation performance and creative self-efficacy as mediating variables in the connection between learning orientation and organizational performance. By doing so, we used a structural equation modelling (SEM) method to test the model using data from 267 small medium enterprises (SMEs) in Vietnam. The findings illustrated that SMEs had not utilized financial slack to invest in innovation activities and improve firm performance. Furthermore, the results indicated that learning orientation had both direct and indirect impacts on innovation and firm performance. It is worth noting that employee creative self-efficacy had a positive effect on innovation performance. The findings also verified a statistically significant association between innovation and organizational performance. Finally, the results provided some managerial implications to stimulate employees to work creatively and improve innovation outcomes for sustainable development.

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Section: Data Collectionmentioning

confidence: 99%

Section: Data Collectionmentioning

confidence: 99%

The Role of Financial Slack, Employee Creative Self-Efficacy and Learning Orientation in Innovation and Organizational Performance

Tran

Nguyen

Nguyễn

2018

Administrative Sciences

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“…[1][2][3] In this scenario, innovation has been acknowledged as an influential impelling cause for the survival, success and competitiveness of high-tech organizations. [4][5][6][7][8][9] However, it has become challenging for business leaders to encourage their members to leave the traditional way of thinking and task performance, and to devote their energy to creating innovative ideas. 10 Innovation comes out when the employees working at all levels of organizational hierarchical structure show innovative work behavior, and devote their efforts to developing, promoting and implementing new ideas in the workplace.…”

Section: Introductionmentioning

confidence: 99%

<p>Impact of Entrepreneurial Leadership on Innovative Work Behavior: Examining Mediation and Moderation Mechanisms</p>

Cai¹,

Makhdoom²,

Asim³

2020

PRBM

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Purpose: Based on social cognitive theory, the present study aimed to explore the impact of entrepreneurial leadership on employees' innovative work behavior through the moderating path of entrepreneurial self-efficacy in technology-based SMEs. The study also explains the mechanism through which a firm's innovative environment mediates the relationship between entrepreneurial leadership and employees' innovative work behavior. Methods: To pursue the objectives, this study has used data from a sample of 350 supervisor-subordinate dyads working in cross sectional small and medium enterprises (SMEs) operating in the Jiangsu province of China. Based on social cognitive theory and specific continuum of self-efficacy theory, a conceptual model was developed and the hypotheses were tested with the help of SPSS 20. Findings: Empirical findings recommend a significant positive effect of entrepreneurial leadership on employees' innovative work behavior. The study suggested that firm's innovative environment mediates the relationship between entrepreneurial leadership and the employees' innovative behavior. The results also confirmed that entrepreneurial self-efficacy exerts a positive moderating effect on the association of entrepreneurial leadership and employees' innovative behavior. Conclusion: Findings of the present research work have several implications for the management and policymakers of high-tech SMEs who want to augment their employees' innovative behavior in order to compete in a highly competitive and challenging business environment. To the best of authors' knowledge, this work is the first attempt that presents an empirically supported comprehensive model for the development of employees' innovative behavior within entrepreneurial-based high-tech SMEs. It contributes to literature by examining the mediation and moderation process for the development of employees' innovative behavior.

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“…While a person can be a leader, he may not be a manager. (Esposito and Sanchis-Llopis, 2018) At this point in time, it is essential to explain that the term leadership and manager are not synonymous. (Moron, 2004) "The term leader and manager are not necessarily interchangeable because leadership is a subclass of management.…”

Section: Introductionmentioning

confidence: 99%

Strategic leadership and sustainability performance of small and medium enterprises

Akpoviroro¹,

Amos²

2019

EMS

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The small-scale industry in Nigeria is considered to be an important element to the growth of the economy in contributing to the gross domestic products of the economy, and it has been of contention that strategic leadership has influenced and sustained the performance of small and medium enterprises. As such, the main objective of the study is to examine how the exercising of strategic leadership has influenced and sustained the performance of small and medium enterprises in Nigeria in terms of social impact. About 300 questionnaires were administered to small sized companies. The study found that there is a significant influence of strategic planning on sustaining small and medium enterprises profit performance and the results indicated that the managers that sustain profitability performance are those that are strategic in planning. The study discovers that the return on investment of small and medium enterprise depends on the appropriateness of its leadership practices. The study recommends that small-sized companies should be effective in their strategy implementation in order to achieve the corporate objectives of indigenous small and medium enterprises.

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Innovation and business performance for Spanish SMEs: New evidence from a multi-dimensional approach

Cited by 91 publications

References 81 publications

The Role of Financial Slack, Employee Creative Self-Efficacy and Learning Orientation in Innovation and Organizational Performance

The Role of Financial Slack, Employee Creative Self-Efficacy and Learning Orientation in Innovation and Organizational Performance

<p>Impact of Entrepreneurial Leadership on Innovative Work Behavior: Examining Mediation and Moderation Mechanisms</p>

Strategic leadership and sustainability performance of small and medium enterprises

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