Innovation
Research on innovation in firms is important as there may be a unique set of processes
and resources involved that may help explain innovation as a critical factor in predicting SME performance Innovation has been discussed as the development of a new product, the process of developing a new product, or the adoption of a new product, which also can be investigated
at various levels, such as the project level, industry sector, or region Innovation in firms has been studied in several forms in the entrepreneurship literature. For example, a firm's ‘entrepreneurial orientation’ suggests that a combination of three basic dimensions: innovativeness, proactiveness, and risk-taking, creates the factors closely tied to an entrepreneurial firm
InnovationResearch on innovation in firms is important as there may be a unique set of processesand resources involved that may help explain innovation as a critical factor in predicting SME performance Innovation has been discussed as the development of a new product, the process of developing a new product, or the adoption of a new product, which also can be investigatedat various levels, such as the project level, industry sector, or region Innovation in firms has been studied in several forms in the entrepreneurship literature. For example, a firm's ‘entrepreneurial orientation’ suggests that a combination of three basic dimensions: innovativeness, proactiveness, and risk-taking, creates the factors closely tied to an entrepreneurial firm
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