ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESS

This article tests the hypothesis that entrepreneurs confidence in innovation has a positive effect on their innovativeness. The sample is 550 owner managers sampled from the population of owner managers in Iran in 2010, surveyed in the Global Entrepreneurship Monitor, GEM. An organizational innova...

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Main Authors: Nastooh Nochian, Thomas Schott
Format: Article
Language:English
Published: Faculty of Economics, University of Tuzla 2012-05-01
Series:Economic Review
Subjects:
Online Access:http://er.ef.untz.ba/index.php/er/article/view/177
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author Nastooh Nochian
Thomas Schott
author_facet Nastooh Nochian
Thomas Schott
author_sort Nastooh Nochian
collection DOAJ
description This article tests the hypothesis that entrepreneurs confidence in innovation has a positive effect on their innovativeness. The sample is 550 owner managers sampled from the population of owner managers in Iran in 2010, surveyed in the Global Entrepreneurship Monitor, GEM. An organizational innovation confidence index is constructed from three questions asking whether the organization that they work in is likely to buy products or services that are new, use new technologies in their daily work, and use new products and services that will improve their working life. Innovation is measured by two questions asking if customers consider the product or service new and unfamiliar, if the technologies or procedures required for the product or service are new. Using structural equations modeling, we conclude that there is a positive effect of organizational innovation confidence on innovation. Therefore, the Iranian owner managers who have more confidence in innovation act more innovatively. 
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spelling doaj-art-ed2ea978e355419ea38ac0a3f06e42722025-02-10T00:31:29ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2012-05-01101ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESSNastooh Nochian0Thomas Schott1University of Tehran, Faculty of EntrepreneurshipUniversity of Southern Denmark, Department of Entrepreneurship and Relationship Management This article tests the hypothesis that entrepreneurs confidence in innovation has a positive effect on their innovativeness. The sample is 550 owner managers sampled from the population of owner managers in Iran in 2010, surveyed in the Global Entrepreneurship Monitor, GEM. An organizational innovation confidence index is constructed from three questions asking whether the organization that they work in is likely to buy products or services that are new, use new technologies in their daily work, and use new products and services that will improve their working life. Innovation is measured by two questions asking if customers consider the product or service new and unfamiliar, if the technologies or procedures required for the product or service are new. Using structural equations modeling, we conclude that there is a positive effect of organizational innovation confidence on innovation. Therefore, the Iranian owner managers who have more confidence in innovation act more innovatively.  http://er.ef.untz.ba/index.php/er/article/view/177innovationorganizational innovationconfidenceGlobal Entrepreneurship Monitor (GEM)
spellingShingle Nastooh Nochian
Thomas Schott
ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESS
Economic Review
innovation
organizational innovation
confidence
Global Entrepreneurship Monitor (GEM)
title ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESS
title_full ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESS
title_fullStr ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESS
title_full_unstemmed ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESS
title_short ENTREPRENEURS CONFIDENCE IN INNOVATION AND THEIR INNOVATIVENESS
title_sort entrepreneurs confidence in innovation and their innovativeness
topic innovation
organizational innovation
confidence
Global Entrepreneurship Monitor (GEM)
url http://er.ef.untz.ba/index.php/er/article/view/177
work_keys_str_mv AT nastoohnochian entrepreneursconfidenceininnovationandtheirinnovativeness
AT thomasschott entrepreneursconfidenceininnovationandtheirinnovativeness