“…Subsequent studies have investigated the effects of these and related variables on firm's innovation performance across industries (Laursen and Foss 2003;Lorenz and Valeyre 2004). These studies show that innovative practices occur in heterogeneous backgrounds; they vary significantly across firms and countries (Cardon and Stevens 2004;Vinding 2004). Table 3.1 presents some relevant management variables distributed according to seven categories found in the literature.…”
Section: Six Alternative Yet Complementary Approachesmentioning
“…Subsequent studies have investigated the effects of these and related variables on firm's innovation performance across industries (Laursen and Foss 2003;Lorenz and Valeyre 2004). These studies show that innovative practices occur in heterogeneous backgrounds; they vary significantly across firms and countries (Cardon and Stevens 2004;Vinding 2004). Table 3.1 presents some relevant management variables distributed according to seven categories found in the literature.…”
Section: Six Alternative Yet Complementary Approachesmentioning
“…Younger firms often lack experience and, therefore, tend to rely on informal management systems and training practices (Cardon and Stevens, 2004). In addition, their lack of legitimacy within the industry is associated with difficulties to recruit employees (Cardon and Stevens, 2004). The positive perceptions of institutional environment may have disproportionately larger positive influence on entrepreneurial plans in older firms, because younger firms face relatively more internal and external obstacles and lack of legitimacy, which may impede them to formulate and undertake new plans despite their positive perceptions of institutional environment.…”
Section: The Moderating Role Of Firm Age and Sizementioning
(2017)The influence of the perceptions of institutional environment on entrepreneurial plans: exploring the moderating effects of firm age and firm size in Bulgarian enterprises
AbstractIt was acknowledged that institutional environment plays an important role for shaping entrepreneurial behavior in transition economies. The present study investigates the influence of entrepreneurs' perceptions of institutional environment on their entrepreneurial plans in a large representative sample from a transition economy. The findings reveal that institutional environment has a significant influence on entrepreneurial plans and that firm age and size moderate the effect of institutional environment on entrepreneurial plans. The paper provides recommendations for future research and a discussion of practical implications.
“…One of the reasons why HRM might be a source of sustainable competitive advantage is that the advantages gained through HR become the firm's intangible assets that are valuable, rare and difficult to imitate [10]. Moreover, these intangible assets might be important to SMEs, because it is harder for SMEs to compete with larger firms in terms of other, tangible resources [11,12]. Furthermore, Koubek [13] states that HRM is more important in SMEs than in large firms.…”
Section: Human Resource Management In Smes: a Literature Reviewmentioning
The aim of this paper is to bring a new perspective to how Human Resource Management (HRM) in Small and Medium Enterprises (SMEs) is performed and supported. SMEs in Europe are facing several challenges in the field of HRM and the SHARPEN project aims to deliver solutions to these challenges based on specific needs of regional SMEs. The SHARPEN project will develop a university taught learning module focusing on HRM in SMEs and a Handbook of HRM that will provide SMEs with compact HRM knowledge and tools. Both of these outputs will be supported by cross-regional research performed in 5 project regions of the EU. The overall result of the project should be a better state of HRM in SMEs due to new, easily accessible knowledge and tools as well as more attention given to the challenges facing SMEs in the area of HRM.
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