J 2024

Innovation and rural context: An exploratory case study of a small rural enterprise from the Czech Republic

STEINEROWSKA-STREB, Izabella, Jindra PETERKOVÁ and Artur STEINER

Basic information

Original name

Innovation and rural context: An exploratory case study of a small rural enterprise from the Czech Republic

Authors

STEINEROWSKA-STREB, Izabella, Jindra PETERKOVÁ and Artur STEINER

Edition

The International Journal of Entrepreneurship and Innovation, 2024, 1465-7503

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Country of publisher

United States of America

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

URL

Organization unit

Moravian Business College Olomouc

DOI

http://dx.doi.org/10.1177/14657503241241415

UT WoS

001191856800001

Keywords in English

innovation; rural enterprise; Czech Republic; pull and push factors; product innovation; business innovation processes
Změněno: 16/5/2024 10:28, Ing. Michaela Nováková

Abstract

V originále

This study identifies i) factors that encourage small rural enterprises to innovate and ii) obstacles to introducing innovation. Using a case study of a rural business in the Czech Republic, the paper reveals that although rural businesses may experience innovation barriers, such as inadequate human resources and volatile market conditions, they can innovate, respond quickly and effectively to emerging market circumstances and turn threats into opportunities for growth. Importantly, many of the challenges and opportunities for innovation interplay with each other, with some obstacles becoming a foundation of creative and innovative solutions that help to develop a sustainable, modern and efficient enterprise. We highlight that the innovation of rural enterprises can be an outcome of pull and push factors that influence both product innovation and business innovation processes. Pull factors represent incentives and opportunities to stimulate rural innovation. Push factors, on the other hand, necessitate change and create pressures that must be addressed to ensure business longevity. The paper also shows that successful innovation is not free from agency, with the strategic vision and innovation outlook of business owners being a significant driver of innovation practices. Finally, our study shows that the innovation of rural enterprises depends on local, regional, national and international connections, and goes beyond rural areas, with a ‘think local and act global’ approach helping to harness opportunities in wider markets.
Displayed: 18/11/2024 15:21