Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative Study

Abstract Entrepreneurial alertness refers to the ability to process information and signals from the environment so that individuals can recognize business opportunities, whereas innovation modes depict the variation in firms’ approaches to innovation. Innovation modes have important implications in the way firms compete; however, little research has been done about the relationship among entrepreneurial alertness, innovation modes, and business model in firms. This study explores whether entrepreneurial alertness dimensions influence business models through their effect on firms’ innovation modes. Using survey data from analysis of 119 manufacturing small and medium-sized enterprises in Mexico using structural equation modelling, this study shows that entrepreneurs’ entrepreneurial alertness dimensions have different impacts on innovation modes, which thus have different effects on the efficiency and novelty of business models.

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Main Author: Montiel-Campos,Héctor
Format: Digital revista
Language:English
Published: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2021
Online Access:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242021000100023
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spelling oai:scielo:S0718-272420210001000232021-07-14Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative StudyMontiel-Campos,Héctor entrepreneurial alertness innovation modes business model entrepreneurship Abstract Entrepreneurial alertness refers to the ability to process information and signals from the environment so that individuals can recognize business opportunities, whereas innovation modes depict the variation in firms’ approaches to innovation. Innovation modes have important implications in the way firms compete; however, little research has been done about the relationship among entrepreneurial alertness, innovation modes, and business model in firms. This study explores whether entrepreneurial alertness dimensions influence business models through their effect on firms’ innovation modes. Using survey data from analysis of 119 manufacturing small and medium-sized enterprises in Mexico using structural equation modelling, this study shows that entrepreneurs’ entrepreneurial alertness dimensions have different impacts on innovation modes, which thus have different effects on the efficiency and novelty of business models.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.16 n.1 20212021-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242021000100023en10.4067/S0718-27242021000100023
institution SCIELO
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country Chile
countrycode CL
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region America del Sur
libraryname SciELO
language English
format Digital
author Montiel-Campos,Héctor
spellingShingle Montiel-Campos,Héctor
Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative Study
author_facet Montiel-Campos,Héctor
author_sort Montiel-Campos,Héctor
title Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative Study
title_short Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative Study
title_full Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative Study
title_fullStr Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative Study
title_full_unstemmed Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises: An Exploratory Quantitative Study
title_sort entrepreneurial alertness, innovation modes, and business models in small- and medium-sized enterprises: an exploratory quantitative study
description Abstract Entrepreneurial alertness refers to the ability to process information and signals from the environment so that individuals can recognize business opportunities, whereas innovation modes depict the variation in firms’ approaches to innovation. Innovation modes have important implications in the way firms compete; however, little research has been done about the relationship among entrepreneurial alertness, innovation modes, and business model in firms. This study explores whether entrepreneurial alertness dimensions influence business models through their effect on firms’ innovation modes. Using survey data from analysis of 119 manufacturing small and medium-sized enterprises in Mexico using structural equation modelling, this study shows that entrepreneurs’ entrepreneurial alertness dimensions have different impacts on innovation modes, which thus have different effects on the efficiency and novelty of business models.
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2021
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242021000100023
work_keys_str_mv AT montielcamposhector entrepreneurialalertnessinnovationmodesandbusinessmodelsinsmallandmediumsizedenterprisesanexploratoryquantitativestudy
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