Do board composition and investor type influence innovativeness in SMEs?

被引：47

作者：

De Cleyn, Sven H. ^{[1
]}

Braet, Johan ^{[1
]}

机构：

[1] Univ Antwerp, Fac Appl Econ, B-2000 Antwerp, Belgium

来源：

INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL | 2012年 / 8卷 / 03期

关键词：

SME; Innovativeness; Corporate governance; Board of Directors; Ownership structure; RESEARCH-AND-DEVELOPMENT; CORPORATE GOVERNANCE; OWNERSHIP STRUCTURE; PERFORMANCE; ENTREPRENEURSHIP; SIZE; TECHNOLOGY; COMPANIES; MARKET; FIRMS;

D O I：

10.1007/s11365-010-0168-6

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Companies need to adapt and evolve if they wish to survive. Future success lies in the ability to develop innovative solutions for customer's problems and needs. This study aims to explore the influence of corporate governance and ownership structure on (product) innovativeness in a sample of 49 small and medium sized firms (SMEs) in the Belgian manufacturing industries. The main findings of the study are twofold. Firstly, a significant positive relationship between innovativeness and the size of a firm's board has been found. Secondly, business-to-consumer markets tend to be more innovative than business-to-business markets. No significant relationship was found between the investor type and a firm's innovativeness.

引用

页码：285 / 308

页数：24

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