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Administrative Sciences
Special Issues
Innovative Activities of Family SMEs
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Innovative Activities of Family SMEs

A special issue of Administrative Sciences (ISSN 2076-3387).

Deadline for manuscript submissions: closed (31 October 2020) | Viewed by 15649

Special Issue Editor

Prof. Dr. Ladislav Mura

E-Mail Website1 Website2
Guest Editor
Department of International Entrepreneurship, Faculty of Economics and Business, Pan-European University, Tematínska 10, 851 05 Bratislava, Slovakia
Interests: entrepreneurship; small and medium enterprises; family business; international entrepreneurship; internationalization
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

The Innovative Activities of Family SMEs is a highly topical and discussed topic in professional circles. Family businesses are becoming an ever-increasing phenomenon; with their entrepreneurial and innovative activities, they are becoming strong and ferocious players in the fierce competition in the market. It appears that family businesses are increasingly demonstrating their viability in a nonfamily business environment and showing a high degree of innovation. Previous research in the field of family business focused on the character of family businesses rather than on their performance and innovative ability. This Special Issue is dedicated to the very topical issues of current business practice and scientific interest. We are pleased to welcome high-quality articles sharing the results of empirical findings of the innovative activity of family businesses. Discovering the key determinants that drive family businesses to innovate and ways to increase innovation activities can provide valuable information both for business practice itself but also for family business education.

The following themes are welcome: the role of innovation in family business, innovative activities of family businesses, start-ups and family businesses, the importance of research for the implementation of innovation in business practice, family businesses and business orientation, family businesses and generational exchange in business innovation, and innovative models in family business.

Prof. Ladislav Mura
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a double-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Administrative Sciences is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Family business
  • Entrepreneurship, small- and medium enterprises
  • Innovations in Business Activities

Published Papers (4 papers)

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Research

15 pages, 324 KiB  
Article
Emotional Intelligence of Managers in Family Businesses in Slovakia
by Martina Minárová, Denisa Malá and Filip Smutný
Adm. Sci. 2020, 10(4), 84; https://0-doi-org.brum.beds.ac.uk/10.3390/admsci10040084 - 23 Oct 2020
Cited by 9 | Viewed by 3711
Abstract
This scientific paper deals with the issue of the global level of emotional intelligence of managers in family enterprises. The aim of this paper is to point out the importance and positive impact of skills of managers in the form of emotional intelligence, [...] Read more.
This scientific paper deals with the issue of the global level of emotional intelligence of managers in family enterprises. The aim of this paper is to point out the importance and positive impact of skills of managers in the form of emotional intelligence, which we consider as an important predictor of managerial work in family enterprises. The aim of this paper is also to suggest possibilities of further development of individual factors of emotional intelligence in managers. The object of the survey was the global level of emotional intelligence of managers according to Petrides. We determined the level of four factors (well-being, self-control, emotionality, and sociability) of emotional intelligence using TEIQue online questionnaires. When evaluating the research results, we used methods of descriptive statistics (arithmetic mean, median, standard deviation, skewness, and kurtosis) processed in the statistical program SPSS. In a sample of 286 randomly contacted family business managers, the results showed us that the global level of emotional intelligence of managers in family enterprises is medium–high. In the examined factors, we found some deficiencies in self-control and sociability in women’s results and some in self-control and emotionality in men’s results. Slovakia as a globalized country has undergone many changes, so enterprises have also changed their point of view of management. Nevertheless, enterprises’ investments in the development of personality of family enterprise managers are incomparably smaller than in other countries. We are convinced that these presented results will help managers in family enterprises realize that their better future is in streamlining managerial activities. Only then will managers have enough time to plan for the future, cope with unpredictable situations, and especially have time for their happiness and family life. Full article
(This article belongs to the Special Issue Innovative Activities of Family SMEs)
19 pages, 2555 KiB  
Article
Analysis of Innovation Activities of Slovak Small and Medium-Sized Family Businesses
by Marta Urbaníková, Michaela Štubňová, Viera Papcunová and Jarmila Hudáková
Adm. Sci. 2020, 10(4), 80; https://0-doi-org.brum.beds.ac.uk/10.3390/admsci10040080 - 14 Oct 2020
Cited by 13 | Viewed by 3285
Abstract
Family businesses began to emerge in Slovakia after the change of social establishment in 1989, and since then they represent a significant group of business entities with a significant contribution to the economy, and have significant growth potential. Innovations have become a driving [...] Read more.
Family businesses began to emerge in Slovakia after the change of social establishment in 1989, and since then they represent a significant group of business entities with a significant contribution to the economy, and have significant growth potential. Innovations have become a driving force for the future opportunities of these companies. Based on empirical research, this paper aims to identify the innovation activities of small and medium-sized family businesses in Slovakia and to determine their impact on the company’s economic results. We can state that out of small and medium-sized family businesses included in the survey, 76.5% have implemented innovations in the last five years. We use statistical tests to verify the research hypotheses. We can state that there is a statistically significant relationship between the size of the company and the number of types of introduced innovations, as well as between the generation running the company and the number of types of introduced innovations. Second-generation family businesses can, therefore, be considered more innovative than first-generation family businesses. We investigate the impact of the COVID-19 coronavirus pandemic on innovation activities in these companies. It is interesting that in 30.6% of family businesses the COVID-19 coronavirus pandemic positively affected their innovation activities. Full article
(This article belongs to the Special Issue Innovative Activities of Family SMEs)
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20 pages, 3155 KiB  
Article
The Impact of Industry 4.0 on Jobs Creation within the Small and Medium-Sized Enterprises and Family Businesses in Slovakia
by Adriana Grenčíková, Marcel Kordoš and Vladislav Berkovič
Adm. Sci. 2020, 10(3), 71; https://0-doi-org.brum.beds.ac.uk/10.3390/admsci10030071 - 10 Sep 2020
Cited by 13 | Viewed by 5023
Abstract
Industry 4.0 has been creating new jobs for several years, and people are already being employed in work positions that did not exist ten years ago. Due to the speed and complexity of the changes brought about by the Fourth Industrial Revolution, it [...] Read more.
Industry 4.0 has been creating new jobs for several years, and people are already being employed in work positions that did not exist ten years ago. Due to the speed and complexity of the changes brought about by the Fourth Industrial Revolution, it will be necessary to respond adequately and flexibly to this challenge. This research paper is devoted to the issue of Industry 4.0 outbreak into industrial enterprises, while the issue of job structure will become an increasingly urgent one. The main objective of this problem-oriented quantitative type of research is based on the analysis of the state and course of Industry 4.0 implementation process to estimate the impact of Industry 4.0 concept implementation on job creation in small and medium-sized enterprises and family businesses in Slovak Republic. A questionnaire survey in small and medium-sized enterprises in Slovak Republic was chosen as the fundamental research method. The results have shown that new technologies will increasingly displace physical labor in particular, and emerging jobs will put ever-increasing demands on human intellect. The conclusions from our findings can be the basis for the creation of educational programs not only within the workplace but also in the educational system in Slovak Republic. Full article
(This article belongs to the Special Issue Innovative Activities of Family SMEs)
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17 pages, 830 KiB  
Article
What Drives the Private Innovation in Rural Areas? In-Depth Case Study of Slovak Rural Region
by Hrivnák Michal, Roháčiková Oľga and Schwarcz Pavol
Adm. Sci. 2020, 10(3), 40; https://0-doi-org.brum.beds.ac.uk/10.3390/admsci10030040 - 09 Jul 2020
Cited by 4 | Viewed by 2994
Abstract
Innovation and small fast-growing knowledge-intensive enterprises are often described as a potential engine for development of rural economies of the post-socialistic countries, struggling with problem of depopulation, decline of agriculture, monostructural economic base, overexploitation of natural resources and many others. However, we still [...] Read more.
Innovation and small fast-growing knowledge-intensive enterprises are often described as a potential engine for development of rural economies of the post-socialistic countries, struggling with problem of depopulation, decline of agriculture, monostructural economic base, overexploitation of natural resources and many others. However, we still know too little about, how private innovation emerge in underdeveloped space or how knowledge-intensive economic activities can successfully operate in small municipalities, providing almost non business services, basic infrastructure or potential for local networking. Thus, in this regional case study, we wanted to shed a light on a phenomenon of private innovation emergence in small rural settlements, provide baseline knowledge about motivation and determining factors of development of the innovative business in the rural, local economies. Special attention was devoted to examining the relationship between family entrepreneurship, residence of entrepreneur, interest to contribute to solution of local challenges and localization of knowledge-intensive business in rural municipality. Full article
(This article belongs to the Special Issue Innovative Activities of Family SMEs)
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