Entrepreneurship, Innovation and Economic Crisis; Lessons for Research, Policy and Practice - 2014

Page 97

86

F. Kauf and J. Kniess

One option to solve this issue might be the optimisation of internal processes, in particular the NPD (Dubs 2004:66–141). However, before the step of process optimising, the SMEs of the equipment industry must be characterised and an overview about existing idea sources and their potentials for NPD is required. This study presents an overview based on the SMEs of the equipment industry for production and packaging plants, which represents the object of interest (OoI). Our purpose is to achieve a deeper insight and understanding of the current situation, i.e. the requirements and existing limitations regarding innovation within SMEs during the economic changes and crisis in the year 2010–2012. In particular, the processes, behavioural rules and individual views in these enterprises are of interest. Therefore we analyse the current situation alongside the typical product life cycle (PLC) for the equipment industry according to Paul et al. (1997:2) and Pahl (2007:99–101), represented by the centre loop in Fig. 10.2.

10.2

Theoretical Background

Today interview surveys (IS) are accepted strategies in research for creating an easily understandable, general and representative real world picture of an OoI. Conceptually a survey is also not tied to any particular philosophical viewpoint and thus can be taken to be objective (Mayring 2010:48–51). Therefore we chose an IS as the basis for this study in order to create an image of the reality on the basis of the subjective view of the relevant interviewees. IS’ are always accompanied with certain limits and restrictions; thus it is crucial for the researcher to consider and rate these issues in order to avoid problems later during the evaluation induced by missing data or incorrect questioning which might lead to a bias. Besides the subjective influence by the interviewee himself (Töpfer 2010:223–224, 234), influences due to choosing the random sample must also be taken in consideration in order to avoid erroneous conclusions (Robson 2009:230; Töpfer 2010:232–233; Wolff, 2010:344–345; Robson 2009:233). This short overview, which does not claim to be complete, shows, that by using IS’, shortcomings will always be included and have to be accepted. Thus, it is relevant to explain the applied procedure and circumstances in which the IS’ have been executed and aimed at, in order to allow the reader make an own rating or judgement of the situation and to avoid the dubiousness some researchers see in the large amount of gathered data which finally can affect its validity (Kumar 2011:149; Creswell 2010:162–163; Töpfer 2010:217–234; Robson 2009:231). For the aforementioned purpose, firstly, the type of study population must be characterised. For this study, it is represented in the business-to-business character of the SMEs of the equipment industry, since the technicians and the entrepreneurs (decision makers) are the group of people who are relevant for evaluating information about methodical product development. Here, a major characteristic of this industry is its distribution over a wide geographical area. This fact motivates us to


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Index

21min
pages 177-186

Further Insights into the Innovating Entrepreneur’s Toolkit

22min
pages 167-176

and Customer Loyalty in Spanish Financial Institutions

25min
pages 127-138

R&D Activities? An Analysis of Spanish Companies

16min
pages 159-166

16 Profi le of Young Entrepreneurs in Spain in Times of Recession

18min
pages 149-158

from Self-Employed Accountants in Germany Robert Rieg

20min
pages 117-126

of Crisis: Some Relevant Factors in the Case of Family Firms

21min
pages 107-116

Successful Projects in this Current Crisis Period

20min
pages 139-148

Business Development Possibilities in Times of Crisis

21min
pages 97-106

An Empirical Study Valeriano Sanchez-Famoso and Amaia Maseda

17min
pages 77-84

and Crisis: “How Small and Mid- Sized Enterprises React”

25min
pages 85-96

in the Service Provider María-Ángeles Revilla-Camacho, Francisco-José Cossío-Silva, and Manuela Vega-Vázquez

12min
pages 69-76

The Case of Spain Lidia García-Zambrano, Arturo Rodríguez-Castellanos, and Jose Domingo García-Merino

19min
pages 59-68

and Sport Sectors Alicia Blanco-González, Francisco Díez-Martín, Ana Cruz-Suarez, and Alberto Prado-Román

19min
pages 49-58

Economic Crisis Marta Peris-Ortiz, Francisco de Borja Trujillo-Ruiz, and Jose Luis Hervás-Oliver

17min
pages 41-48

Innovation in B-to-B Markets Through Co-creation

20min
pages 31-40

Orientation of Spanish Exporting SMEs in Time of Crisis

18min
pages 21-30

A Conceptual Approach to the Dilemma of R&D Integration

6min
pages 18-20

In Times of Economic Crisis: Innovation With, or Without

2min
page 17

Entrepreneurship and Credit Rationing: How to Screen

3min
pages 15-16

Entrepreneurial Risk Without Return? Empirical Evidence

1min
page 13

Entrepreneurial Orientation and Innovation in a Context

1min
page 12

Youth Entrepreneurship and Crisis in the Health, Beauty

1min
page 6

Business Start-ups and Innovation: The Effect of the 2008

1min
page 5

The Role of Social Capital in Family Firms to Explain

0
page 9

Proactive Management of Core Competencies, Innovation and Business Performance in a Period of Crisis:

2min
page 7

Seeking a Sustainable Competitive Advantage in Periods of Economic Recession for SMEs and Entrepreneurs: The Role of Value Co-creation and Customer Trust

2min
page 8

Innovation Through Total Quality Management Elements

1min
page 14
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