What is it about?

Despite the experienced uncertainty and resource limitations of the participating micro and small-sized enterprises, they can pursue future innovation to create value for customers and society addressing, respectively, UN SDGs No. 3, 8, 9, 11, 12 and 17. None of the hitherto noted entrepreneurial literature branches can alone support micro- and small-sized enterprises to pursue future innovation. However, the literature branches illustrate individual useful strengths Link to read open access:https://www.mdpi.com/2071-1050/16/13/5547

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Why is it important?

It is stressed by the EU Commission that there is an urgent need for more research to shed light on the progress of SMEs for sustainable transformation. In the EU, it is interesting that 93% of SMEs are micro-sized with 44% of employees to add 35% ofvalue creation and 6% of SMEs are small-sized with 31% of employees to add 32% of value creation in society. A large potential is thus present for micro- and small-sized enterprises to drive future innovation for value creation to transform business for good.

Perspectives

The literature branches illustrate individual useful strengths. Furthermore, they illustrate limitations for value creation. The illustrated useful strengths and the accompanying limitations call for future context-dependent use in micro- and small- sized enterprises through the integration of the relevant specific extant literature branches to support their innovation aims, respectively, utilising opportunities, their own and others’ heterogeneous behaviours and reorganising resources to unleash future sustainable innovation in an action learning approach.

Associated Professor Tove Brink
Syddansk Universitet

Read the Original

This page is a summary of: Future Innovation Unleashed for Sustainability in Longitudinal Research in Micro- and Small-Sized Enterprises, Sustainability, June 2024, MDPI AG,
DOI: 10.3390/su16135547.
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