A Perspective of Innovation in Entrepreneurial Firms

28 Pages Posted: 29 May 2014 Last revised: 21 Jul 2014

See all articles by Manoj Joshi

Manoj Joshi

Amity University

Balvinder Shukla

Amity University Uttar Pradesh

Date Written: July 28, 2014

Abstract

Rogers (1983) defines innovation as an idea, practice, or object that is perceived as new by individuals or units that adopt it. Innovation can be seen as “something that is new or improved and that which creates value”. For an entrepreneurial firm defined by Miller (1983) as, “the one that engages in product, market innovation, undertakes risky ventures, and is first to come up with proactive innovations, beating competitors to the punch”, innovation is considered integral for its existence. These entrepreneurial firms can be small and medium enterprises (SME’s) also. This study attempts to understand the perspective of innovation, characteristics of the entrepreneurial firms and their innovative practices.

Keywords: De novo, de alia, entrepreneurial firm, innovation, innovation types, innovativeness

Suggested Citation

Joshi, Manoj and Shukla, Balvinder, A Perspective of Innovation in Entrepreneurial Firms (July 28, 2014). Available at SSRN: https://ssrn.com/abstract=2442757 or http://dx.doi.org/10.2139/ssrn.2442757

Manoj Joshi (Contact Author)

Amity University ( email )

Amity University, Lucknow Campus
Gomtinagar
Lucknow
India
+91-9415017498 (Phone)

HOME PAGE: http://https://www.linkedin.com/in/manoj-joshi-38a26821/

Balvinder Shukla

Amity University Uttar Pradesh ( email )

ASET- IT Department, Sec-125
Amity University, Sector 125
Noida, UT Uttar Pradesh 2013003
India

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