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.
|Number of pages||16|
|Journal||Small Business Economics|
|Early online date||23 May 2016|
|Publication status||Published - 01 Dec 2016|
- small business
- process innovation
- Process innovation
- Small business
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- Faculty of Business and Physcial Sciences, Aberystwyth Business School - Lecturer in Economics
Person: Teaching And Research