A Comparative Study of Entrepreneurial Innovations in Formal Informal Sectors Mehra, Kavita.

By: Mehra, Kavita
Material type: ArticleArticlePublisher: 2011Subject(s): Informal Sector | Formal Sector | Innovation Networks | Knowledge Management | Innovation | Innovation And Entrepreneurship | Entrepreneurship | Ninth Biennial Conference On Entrepreneu | Biennial Conference Papers In: Ninth Biennial Conference on EntrepreneurshipSummary: The paper focuses on three issues- a) innovations are knowledge based resulting from the synthesis and application of the tacit and the coded knowledge; b) the role of entrepreneur (as knowledge manager) is important for exploiting the tacit knowledge and making use of the coded knowledge; and c) for the diffusion of innovations, variety of actors (as individuals or institutions) participate which leads to the formation of innovation networks. An attempt has been made to elaborate upon the above issues through two case studies from diverse sectors - formal and informal. One case study is related to the diffusion of new technology (plant biotechnology) at the field level. The process from technological innovation to diffusion level involved interaction amongst public and private institutions. The change was mainly based on the coded knowledge (the adoption of new technology) and in the process of change, the tacit knowledge played substantial role (in how to make use of the new technology) in accomplishing the technical change. In the second case of informal sector (the adoption of floriculture by traditional crop growing farmers), entrepreneurs' tacit knowledge initiated the...
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Articles Articles Ahmedabad (HO)
(Browse shelf) Vol. , Issue. Available 019361

The paper focuses on three issues- a) innovations are knowledge based resulting from the synthesis and application of the tacit and the coded knowledge; b) the role of entrepreneur (as knowledge manager) is important for exploiting the tacit knowledge and making use of the coded knowledge; and c) for the diffusion of innovations, variety of actors (as individuals or institutions) participate which leads to the formation of innovation networks. An attempt has been made to elaborate upon the above issues through two case studies from diverse sectors - formal and informal. One case study is related to the diffusion of new technology (plant biotechnology) at the field level. The process from technological innovation to diffusion level involved interaction amongst public and private institutions. The change was mainly based on the coded knowledge (the adoption of new technology) and in the process of change, the tacit knowledge played substantial role (in how to make use of the new technology) in accomplishing the technical change. In the second case of informal sector (the adoption of floriculture by traditional crop growing farmers), entrepreneurs' tacit knowledge initiated the...

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