Innovation Capacity, Entrepreneurial Orientation, and Flexibility: An Analysis from Industrial SMEs in Ecuador

Author:

Anzules-Falcones Wendy1ORCID,Novillo-Villegas Sylvia23ORCID

Affiliation:

1. Facultad de Ciencias Económicas y Administrativas, Carrera de Administración de Empresas, Universidad de Las Américas, Quito 170125, Ecuador

2. Intelligent and Interactive Systems Laboratory, Universidad de Las Américas, Quito 170125, Ecuador

3. Facultad de Ingeniería y Ciencias Aplicadas, Carrera de Ingeniería Industrial, Universidad de Las Américas, Quito 170125, Ecuador

Abstract

Through the methodology of a case study, this paper presents a holistic analysis of the relationship between innovation capacity, entrepreneurial orientation, flexibility, and environmental factors. Three studies were conducted in the context of chemical-pharmaceutical industries, SMEs, in a small economy. Likewise, they analyze the relationship between the innovation capacity and internationalization of those companies. The studies provide further evidence of the relationships between areas of interest, where links among entrepreneurial orientation, flexibility, externalities (local and international), and innovation capacity are clear. Finally, this paper contributes to the theory-building on innovation capacity and internationalization from a scholarly perspective while presenting a practical view for practitioners.

Funder

Universidad de Las Américas

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

Reference158 articles.

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4. Martos-martínez, C., and Muñoz-guarasa, M. (2021). The Importance of Endogenous Resources for Internationalization: Competitive Advantages in the Olive Groves of Southern Spain. Sustainability, 13.

5. Szymkiewicz, R., and Cieśliński, J.T. (2012). Internationalization of SMEs: Context, Models and Implementation, Gdańsk University of Technology Publishers.

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