University of Oulu

Taipale-Erävala, Kyllikki; Henttonen, Kaisa; Lampela, Hannele (2019) ‘Entrepreneurial competencies in successfully innovative SMEs’, Int. J. Entrepreneurship and Small Business, Vol. 38, No. 3, pp.251–276.

Entrepreneurial competencies in successfully innovative SMEs

Saved in:
Author: Taipale-Erävala, Kyllikki1; Henttonen, Kaisa2; Lampela, Hannele3,4
Organizations: 1Kerttu Saalasti Institute, University of Oulu, Pajatie 5, 85500 Nivala, Finland
2School of Business, University of Eastern Finland, Yliopistonranta 1, 70210 Kuopio, Finland
3School of Business and Management, Lappeenranta University of Technology, Skinnarilankatu 34, 53850 Lappeenranta, Finland
4Research Support Services, University of Oulu, P.O. Box 4300, 90014 University of Oulu, Finland
Format: article
Version: accepted version
Access: open
Online Access: PDF Full Text (PDF, 0.4 MB)
Persistent link:
Language: English
Published: Inderscience, 2019
Publish Date: 2020-10-30


This study examines what kinds of specific entrepreneurial competencies enable SMEs to successfully implement innovations. The conceptual research approach is supported by empirical data in a multiple case study. A framework of entrepreneurial competencies in the 2000s is created, based on how they are defined in the recent literature, and the framework is reflected with qualitative interview data from 13 innovative Finnish SMEs in the forest industry. The study indicates that in SMEs that were able to successfully exploit and execute innovations, the entrepreneurial competencies include special extrovert competencies (e.g., open-mindedness), competencies related to preparation, and pro-activeness in business operations, which all seem to have a significant influence on successfully implementing innovations. Additionally, the study concluded that there are no notable differences between different innovation types and found entrepreneurial competencies in innovative SMEs.

see all

Series: International journal of entrepreneurship and small business
ISSN: 1476-1297
ISSN-E: 1741-8054
ISSN-L: 1476-1297
Volume: 38
Issue: 3
Pages: 251 - 276
DOI: 10.1504/IJESB.2019.103428
Type of Publication: A1 Journal article – refereed
Field of Science: 512 Business and management
516 Educational sciences
Copyright information: © 2019 Inderscience Enterprises Ltd.