Since the pioneering work scholars such as Joseph Schumpeter and
Peter Drucker, the fields of innovation and entrepreneurship have
evolved to become two separate and distinct disciplines. Schumpeter
1 focused on the contributions of entrepreneurial startups and
smaller firms, whereas Schumpeter 2 emphasized the role of formal
research, development and industrial innovation in larger firms.
Unfortunately, the study and practice of each field has suffered as
a result: entrepreneurship has become preoccupied with individual
entrepreneurs and small business creation, and innovation is
dominated by corporate R&D and new product
development.Promoting Innovation in New Ventures and Small and
Medium Sized Enterprises (SMEs) aims to bridge these two fields by
examining innovation in new ventures and SMEs. This book identifies
themes which can reunite the study and practice of entrepreneurship
and innovation by examining a potentially bridging phenomenon. The
focus here is on high growth, innovative SMEs, and the interactions
between SMEs and larger organizations, private and public. It is
organized around three overlapping themes: SME innovation
performance, practices and networks.
General
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