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http://hdl.handle.net/10419/56013
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| Title: | | Small firm innovation performance and employee involvement  |
| Authors: | | Andries, Petra Czarnitzki, Dirk |
| Issue Date: | | 2012 |
| Series/Report no.: | | ZEW Discussion Papers 12-013 |
| Abstract: | | It is known that small firms rely mainly on the CEO's individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees' knowledge. We study to which extent using CEOs, managers and non-managerial employees' ideas enhances small firms' innovation performance. A Heckman selection model on 305 small firms shows that not only CEO's and managers', but also non-managerial employees' ideas contribute to innovation performance. However, contributions depend heavily on the individuals' area of expertise and on whether product or process innovation is desired. Our findings enrich the current view on the entrepreneurial team, but also warn against the implementation of one-size-fits-all employee involvement programs in small firms. |
| Subjects: | | Employee involvement upper echelon non-managerial employees innovation performance small firms |
| JEL: | | M12 O31 O32 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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