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Entrepreneurship and Innovation pp 131–164Cite as

Innovation in Small Firms

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Abstract

This chapter examines the small business sector and the differences that exist between entrepreneurs and small business owner-managers. The “myth” of small business innovation and the entrepreneurial growth cycle of small firms are also explored along with the need for small firms to establish collaborative support networks. The importance of small business entrepreneurs being able to develop strategic thinking skills is highlighted along with the need for them to learn how to balance strategy, structure and resources.

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Authors and Affiliations

  1. University of Western Australia, Crawley, WA, Australia

    Tim Mazzarol

  2. Burgundy School of Business, Dijon, France

    Sophie Reboud

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  1. Tim Mazzarol
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  2. Sophie Reboud
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Mazzarol, T., Reboud, S. (2020). Innovation in Small Firms. In: Entrepreneurship and Innovation. Springer Texts in Business and Economics. Springer, Singapore. https://doi.org/10.1007/978-981-13-9412-6_5

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