WHAT MAKES SOME ENTREPRENEURS MORE INNOVATIVE?

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Published: 2015-07-29

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Lucio Fuentelsaz
Universidad de Zaragoza
Javier Montero
Universidad de Zaragoza

Abstract

Entrepreneurs play a key role to introduce innovations in the market. However, high differences among them arose, with only a few firms being responsible of introducing most of new products and services. This research characterizes the entrepreneurs with a higher propensity to innovate. With this purpose, we use a sample of 65,000 entrepreneurs from 88 countries that have participated in the GEM project between 2008 and 2012. Our results show that, from a psychological view, the most important variables are risk tolerance, entrepreneurial alertness and confidence in one’s skills. Related to human capital, education and previous experience play a key role. As a consequence, public policies oriented toward improving innovation should pay especial attention to these variables

Article Details

Issue

No. 47 (2015): Third Quarter

Section

Management and Business Strategy

How to Cite

WHAT MAKES SOME ENTREPRENEURS MORE INNOVATIVE?. (2015). UCJC Business and Society Review (formerly Known As Universia Business Review), 47. https://journals.ucjc.edu/ubr/article/view/1529

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