Strategic Entrepreneurship in Small and Medium Enterprises of Brazilian and Canadian Aeronautical Industry
DOI:
10.14211/regepe.v8i3.917Keywords:
Strategic Entrepreneurship. Small and Medium Enterprises. Aeronautical IndustryAbstract
Purpose: The general objective of this article is to analyze the process of strategic entrepreneurship in small and medium companies of the aeronautical industry operating in Brazil and Canada.
Design/Methodology: This is a qualitative multiple case study. Data were collected through detailed semi-structured interviews. Intra and inter-case analyzes were used to identify similarities and differences among data segments to obtain final results which were valid to all the cases.
Originality/Relevance: The article focuses an important research gap regarding strategic entrepreneurship related to high development generating small and medium enterprises, specifically technological ones and studied in an international comparison.
Findings: In their strategic entrepreneurship, the Brazilian companies identify a new opportunity monitoring the environment, both internal and external, and participating in research groups, and they exploit the opportunity with innovation development and strategic partnerships. At the same time, they create a competitive advantage managing strategic resources, strategic actions and strategic knowledge, and sustain this advantage by developing a strategic management as technological leader with a prospective and competitive posture. The Canadian companies identify a new opportunity promoting an environment conducive to creativity together with the monitoring of the internal and external environments and to information management, and exploit the opportunity also with strategic partnerships and innovation development. Concomitantly, they create a competitive advantage developing a process of strategic formulation and mapping, and sustain the advantage by developing an offensive strategic management focused on technology and learning.
Theoretical/methodological contributions: The article enlarges knowledge about the identification and exploitation of new opportunities, and about creating and sustaining competitive advantages in small and medium technological enterprises; its results can be useful in theoretical and practical terms.
Downloads
References
Acs, Z. J.; Tarpley, F. A., & Phillips, B. D. (1998) The New American Evolution: the role and impact of small firms. A report on small firms prepared by the office of economic research of the US. Small Business Administration’s Office of Advocacy. June. DOI: https://doi.org/10.1007/978-1-4615-5173-7_1
Afuah, A. N., & Utterback, J. M. (1997) Responding to Structural Industry Changes: a technological evolution perspective. Industrial and Corporate Change, 6(1), 183-202. DOI: https://doi.org/10.1093/icc/6.1.183
Agarwal, R.; Audretsch, D., & Sarkar, M. B. (2007) The Process of Creative Construction: Knowledge Spillovers, Entrepreneurship and Economic Growth. Strategic Entrepreneurship Journal, 1(3-4), 263-286, december. DOI: https://doi.org/10.1002/sej.36
Aloulou, W., & Fayolle, A. (2005) A Conceptual Approach of Entrepreneurial Orientation within Small Business Context. Journal of Enterprising Culture, 13(1), 21-45. DOI: https://doi.org/10.1142/S0218495805000045
Amato Neto, J. (2000) Redes de Cooperação Produtiva e Clusters Regionais: oportunidades para as pequenas e médias empresas. São Paulo: Atlas.
Barney, J. B., & Arikan, A. M. (2001) The resource-based view: origins and implications. In: Hitt, M. A.; Freeman, R. F., & Harrison, J. S. (Eds) Handbook of Strategic Management. Oxford: Blackwell, 124-188.
Baron, R. A., & Henry, R. A. (2010) How Entrepreneurs Acquire the Capacity to Excel: Insights from research on expert performance. Strategic Entrepreneurship Journal, 4(1), 49-65, march. DOI: https://doi.org/10.1002/sej.82
Covin, J. G., & Slevin, D. P. (1989) Strategic management of Small Firms in Hostile and Benign environments. Strategic Management Journal, 10(1), 75-87. DOI: https://doi.org/10.1002/smj.4250100107
Eisenhardt, K. M. (1989) Building Theories from Case Study Research. Academy of Management Review, 14(4), 532-550. DOI: https://doi.org/10.5465/amr.1989.4308385
Foss, N. J.; Klein, P. G.; Kor, Y.Y., & Mahoney, J. T. (2008) Entrepreneurship, Subjectivism and the Resource-based View: toward a new synthesis. Strategic Entrepreneurship Journal, 2(1), 73-94. DOI: https://doi.org/10.1002/sej.41
Grégoire, D. A., & Shepherd, D. A. (2012) Technology-Market Combinations and The Identification of Entrepreneurial Opportunities: an investigation of the opportunity-individual nexus. Academy of Management Journal, 55(4), 753-785, August. DOI: https://doi.org/10.5465/amj.2011.0126
Hitt, M. A.; Ireland, D. R.; Camp, S. M., & Sexton, D. L. (2001) Guest Editors' Introduction to the special issue: Strategic Entrepreneurship: Entrepreneurial Strategies for Wealth Creation. Strategy Management Journal, 22(6-7), 479-491, June - July. DOI: https://doi.org/10.1002/smj.196
______. (2002) Strategic Entrepreneurship: creating a new mindset. Oxford, UK: Blackwell.
Hitt, M. A.; Bierman, L., Shimizu, K., & Kochhar, R. (2001) Direct and moderating effects of human capital on strategy and performance in professional service firms: a resources-based perspective. Academy of Management Journal, 44(1), 13-28. DOI: https://doi.org/10.5465/3069334
Hitt, M.A.; Lee, H., & Yucel, E. (2002) The importance of social capital to the management of multinational enterprises: relational networks among Asian and Western firms. Asia Pacific Journal of Management, 19(2-3), 353-372, Aug. DOI: https://doi.org/10.1023/A:1016247920461
Hitt, M. A.; Ireland, D. R.; Sirmon, D. G., & Trahms, C. A. (2011) Strategic Entrepreneurship: Creating value for individuals, organizations, and society. Academy of Management Perspectives, 25(2), 57-75, May. DOI: https://doi.org/10.5465/AMP.2011.61020802
Ireland, D. R.; Hitt, M. A.; Camp, M., & Sexton, D. L. (2001) Integrating Entrepreneurship and Strategic Management Actions to Create Firm Wealth. The Academy of Management Executive, 15(1), 49-63, February. DOI: https://doi.org/10.5465/ame.2001.4251393
Ireland, D. R.; Hitt, M. A., & Sirmon, D. G. (2003) A Model of Strategic Entrepreneurship: The Construct and its Dimensions. Journal of Management, 29(6), 963-989. DOI: https://doi.org/10.1016/S0149-2063_03_00086-2
Kemp, R., Smith, K., & Becher, G. (2000). How should we study the relationship between environmental regulation and innovation? Physica-Verlag HD. DOI: https://doi.org/10.1007/978-3-662-12069-9_4
Ketchen, D. J.; Ireland, R. D., & Snow, C. C. (2007) Strategic Entrepreneurship, Collaborative Innovation, and Wealth Creation. Strategic Entrepreneurship Journal, 1(3-4), 341-385. DOI: https://doi.org/10.1002/sej.20
Kraus, S., & Kauranen, I. (2009) Strategic Management and Entrepreneurship: Friends or Foes? International Journal of Business Science and Applied Management, 4(1), 37-50.
Kuratko, D. F., & Audretsch, D. B. (2009) Strategic Entrepreneurship: exploring different perspectives of an emerging concept. Entrepreneurship Theory and Practice, 33(1), 1-17, January. DOI: https://doi.org/10.1111/j.1540-6520.2008.00278.x
Kyrgidou, L. P., & Hughes, M. (2010) Strategic Entrepreneurship: origins, core elements and research directions. European Business Review, 22(1), 43-63. DOI: https://doi.org/10.1108/09555341011009007
Lima, A. C.; Polo, E. F., & Matos, F. R. N. (2009) Empreendedorismo Estratégico: um estudo de caso na indústria automobilística. Future Studies Research Journal, 1(2), 142-163, julho /dezembro. DOI: https://doi.org/10.24023/FutureJournal/2175-5825/2009.v1i2.38
Lumpkin, G. T., & Dess, G. G. (1996) Clarifying the entrepreneurial orientation construct and liking it to performance. Academy of Management Review, 21(1), 135-172, January. DOI: https://doi.org/10.5465/amr.1996.9602161568
March, J. G. (1991) Exploration and Exploitation in Organizational Learning. Organization Science, 2(1), 71-87. DOI: https://doi.org/10.1287/orsc.2.1.71
Martinelli, D., & Joyal, A. (2004) Desenvolvimento Econômico Local e o Papel das Pequenas e Médias Empresas. São Paulo: Manole.
Meyer, G. D., & Heppard, K. A. (2000) Entrepreneurial Strategies: the dominant logic of entrepreneurship. In: Meyer, G. D. & Heppard, K. A. (Eds.) Entrepreneurship as Strategy: competing on the entrepreneurial edge. Thousand Oaks, CA: Sage, 1-22. DOI: https://doi.org/10.4135/9781452231280.n1
Miles, B. M., & Huberman, A. M. (1994) Qualitative data analysis: an expanded sourcebook. 2 ed. Sage: Oaks, California.
Mintzberg, H. (1973) Strategy making in three modes, California Management Review, 16(2), 44-53. DOI: https://doi.org/10.2307/41164491
Miranda, R. C. R. (1999) Informações Estratégicas: estudo de caso aplicado a ECT. Dissertação de Mestrado, Universidade de Brasília, Brasília, DF, Brasil.
Montoro, G. C. F., & Migon, M. N. (2009) Cadeia Produtiva Aeronáutica Brasileira: oportunidades e desafios. Rio de Janeiro: BNDES.
Pongpearchan, P., & Ussahawanitchakit, P. (2011) Strategic Entrepreneurship Management Competency and Firm Success: a comparative study of SMEs in auto and electronic parts in Thailand. International Journal of Business Strategy, 11(2), 1-31.
Sáenz, T. W., & García Capote, E. (2002). Ciência, Inovação e Gestão Tecnológica. Brasília:CNI/IEL/SENAI, ABIPTI.
Santos, S. A. (1987) A Criação de Empresas de Base Tecnológica. São Paulo: Pioneira.
Schmidt, C. M., & Dreher, M. T. (2008) Cultura Empreendedora: empreendedorismo coletivo e perfil empreendedor. Revista de Gestão – USP, 15(1), 1-14, janeiro/março. DOI: https://doi.org/10.5700/rege320
Schumpeter, J. A. (1982) Os Economistas: teoria do desenvolvimento econômico: uma investigação sobre lucros, capital, crédito, juro e o ciclo econômico. São Paulo: Abril Cultural.
Shane, S., & Venkataraman, S. (2000) The promise of entrepreneurship as a field of research. Academy of Management Review, 25(1), 217-236, January. DOI: https://doi.org/10.2307/259271
Woolley, J. L. (2010) Technology emergence through entrepreneurship across multiple industries. Strategic Entrepreneurship Journal, 4(1), 1-21. DOI: https://doi.org/10.1002/sej.80
Zahra, S. A., & Dess, G.G. (2001) Entrepreneurship as a field of research: encouraging dialogue and debate, Academy of Management Review, 26(1), 8-10. DOI: https://doi.org/10.5465/amr.2001.4011916
Downloads
Published
Métricas
Visualizações do artigo: 791 PDF (Português (Brasil)) downloads: 237 PDF downloads: 220
How to Cite
Issue
Section
License
Authors who publish in this journal agree to the following terms:
-
The author(s) authorize the publication of the text in the journal;
-
The journal is not responsible for the opinions, ideas, and concepts expressed in the texts, as they are the sole responsibility of their authors;
-
Authors retain copyright and grant the journal the right of first publication, with the work published under the CC BY 4.0 License, which allows sharing the work with acknowledgment of authorship and initial publication in this journal;
-
Authors are allowed and encouraged to post their work (Submitted version, Accepted version [Manuscript accepted by the author], or Published version [Record version]) online, for example in institutional repositories or preprints, as it can lead to productive exchanges as well as earlier and greater citation of published work. REGEPE requires that authors indicate/link the published article with DOI. See the Effect of Open Access.