Entrepreneurs' creativity and firm innovation: the moderating role of entrepreneurial self-efficacy

There are several studies in entrepreneurship investigating determinants of innovation outcomes in SMEs. Although entrepreneurs' entrepreneurial creativity is often seen as a prerequisite, previous research indicates it is not an exclusive determinant of innovation. We use theoretical logics of...

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Bibliographic Details
Published in:	Small business economics 2014-06, Vol.43 (1), p.101-117
Main Authors:	Ahlin, Branka, Drnovšek, Mateja, Hisrich, Robert D.
Format:	Article
Language:	eng
Subjects:	Analysis Business and Management Business innovation Business structures Creativity Economic growth Economic theory Educational innovation Entrepreneurs Entrepreneurship Industrial Organization Innovation Innovation management Innovations Logic Management Microeconomics Organization theory Product innovation Self efficacy Small & medium sized enterprises-SME Small and medium sized enterprises Studies Technological innovation Transition economies
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Summary:	There are several studies in entrepreneurship investigating determinants of innovation outcomes in SMEs. Although entrepreneurs' entrepreneurial creativity is often seen as a prerequisite, previous research indicates it is not an exclusive determinant of innovation. We use theoretical logics of social cognitive theory and innovation theory to develop a conceptual model of entrepreneur's creativity, self-efficacy, and innovation outcomes. The model is then tested on a large sample of small and medium firms from two distinct economies: the United States and Slovenia. Empirical findings partially support the proposed moderation effects of entrepreneurial self-efficacy, but with the same variations between countries. The implications of these results in relation to entrepreneurship theory and practice are discussed.
ISSN:	0921-898X 1573-0913