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A Comparative Study of Entrepreneurial Innovations in Formal Informal Sectors

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) fo...

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Bibliographic Details
Main Author: Mehra, Kavita
Format: Article
Language:English
Published: 2011
Subjects:
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100 |a Mehra, Kavita 
245 |a A Comparative Study of Entrepreneurial Innovations in Formal Informal Sectors  |c Mehra, Kavita. 
260 |c 2011 
520 |a 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... 
650 |a Informal Sector 
650 |a Formal Sector 
650 |a Innovation Networks 
650 |a Knowledge Management 
650 |a Innovation 
650 |a Innovation And Entrepreneurship 
650 |a Entrepreneurship 
650 |a  Ninth Biennial Conference On Entrepreneu 
650 |a Biennial Conference Papers 
773 |a Ninth Biennial Conference on Entrepreneurship  |d February 16-18, 
999 |c 42892  |d 42892