Abstract

This article focuses on the capability and business development of growth-oriented microenterprises. Despite their potential impact on economic growth, microenterprises and especially the growth-oriented ones are under researched. The descriptive research approach is supported by empirical interview data from 25 enterprises in southern Finland in a multi-case study. The study presents the varied ways for gaining competitive advantage, responding to customer needs as well as beneficial support actions. As a result, we define three innovation capability (IC) categories connecting business development and support needs. The findings benefit microenterprises by stressing the intertwined nature of business development, IC, and support needs. The study implies that both the entrepreneurs and regional actors need to understand the crucial role and systematic development of IC through entrepreneurial learning. In addition, regional actors may find more nuanced and effective ways to enhance business development by considering these developmental categories of growth-oriented microenterprises.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.