Abstract
Innovation is one of the key attributes that sets the entrepreneurs apart from the rest of self-employed people. This paper attempts to distinguish between these two categories by means of exploring the determinants of process innovation in small businesses using a survey of self-employed workers in Andalusia, Spain. The theoretical framework adopted distinguishes between three types of factors affecting the innovative activities: (1) personal characteristics of the self-employed, (2) business characteristics and (3) the characteristics of the external environment. A Heckman-type model of the extent of process innovation that accounts for sample selection bias is estimated.
Original language | English |
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Pages (from-to) | 939-954 |
Number of pages | 16 |
Journal | Small Business Economics |
Volume | 47 |
Issue number | 4 |
Early online date | 23 May 2016 |
DOIs | |
Publication status | Published - 01 Dec 2016 |
Keywords
- small business
- innovation
- process innovation
- entrepreneurship
- self-employment
- O32
- O33
- M21
- L26
- Self-employment
- Process innovation
- Innovation
- Small business
- Entrepreneurship