Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice

The aim of the presented paper is to identify the significance of selected determinants of the competitiveness of small, innovative enterprises operating in international markets that use business advice. The achievement of this goal required identifying the determinants of the competitiveness of sm...

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Main Author: Edward Stawasz
Format: Article
Language:English
Published: Cognitione Foundation for the Dissemination of Knowledge and Science 2019-01-01
Series:Journal of Entrepreneurship, Management and Innovation
Subjects:
Online Access:http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article3.pdf
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author Edward Stawasz
author_facet Edward Stawasz
author_sort Edward Stawasz
collection DOAJ
description The aim of the presented paper is to identify the significance of selected determinants of the competitiveness of small, innovative enterprises operating in international markets that use business advice. The achievement of this goal required identifying the determinants of the competitiveness of small companies (characteristics of managers, characteristics of enterprises) as well as examining the motives, areas and effects of using business advice. The issue of business knowledge absorptive capacity as a determinant of the competitiveness of small enterprises and the effectiveness of using external business knowledge was also presented. The second part of the paper presents the results of empirical research conducted using the CATI technique on a sample of 67 small, innovative Polish enterprises operating in international markets and simultaneously benefiting from business advice. The conducted research confirmed the hypothesis of a significant, moderating influence of business advice on the system of competitiveness determinants of enterprises. The hypothesis concerning a positive relationship between business advice and enterprises’ capacity for absorbing business knowledge, and indirectly their competitiveness, was also confirmed. Improving the competitiveness of enterprises requires using business advice and enhancing their business knowledge absorptive capacity.
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spelling doaj-art-3fa1d6bb21db4a5d8cf5a863711497702025-02-03T11:25:02ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262019-01-01151618210.7341/20191513Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business AdviceEdward Stawasz0University of Lodz, 22/26 Matejki, 90-237 Lodz, PolandThe aim of the presented paper is to identify the significance of selected determinants of the competitiveness of small, innovative enterprises operating in international markets that use business advice. The achievement of this goal required identifying the determinants of the competitiveness of small companies (characteristics of managers, characteristics of enterprises) as well as examining the motives, areas and effects of using business advice. The issue of business knowledge absorptive capacity as a determinant of the competitiveness of small enterprises and the effectiveness of using external business knowledge was also presented. The second part of the paper presents the results of empirical research conducted using the CATI technique on a sample of 67 small, innovative Polish enterprises operating in international markets and simultaneously benefiting from business advice. The conducted research confirmed the hypothesis of a significant, moderating influence of business advice on the system of competitiveness determinants of enterprises. The hypothesis concerning a positive relationship between business advice and enterprises’ capacity for absorbing business knowledge, and indirectly their competitiveness, was also confirmed. Improving the competitiveness of enterprises requires using business advice and enhancing their business knowledge absorptive capacity.http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article3.pdfsmall businessdeterminants of competitiveness in international marketsbusiness advicebusiness knowledge absorptive capacity
spellingShingle Edward Stawasz
Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice
Journal of Entrepreneurship, Management and Innovation
small business
determinants of competitiveness in international markets
business advice
business knowledge absorptive capacity
title Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice
title_full Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice
title_fullStr Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice
title_full_unstemmed Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice
title_short Factors that Shape the Competitiveness of Small Innovative Companies Operating in International Markets with a Particular Focus on Business Advice
title_sort factors that shape the competitiveness of small innovative companies operating in international markets with a particular focus on business advice
topic small business
determinants of competitiveness in international markets
business advice
business knowledge absorptive capacity
url http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article3.pdf
work_keys_str_mv AT edwardstawasz factorsthatshapethecompetitivenessofsmallinnovativecompaniesoperatingininternationalmarketswithaparticularfocusonbusinessadvice