Title: Knowledge-intensive entrepreneurship and performance during the crisis: cases of the Greek wood industry
Authors: Glykeria Karagouni
Addresses: Department of Wood and Furniture Design and Technology, Technological Educational Institute of Thessaly, B. Griva 11, 43100 Karditsa, Greece
Abstract: The study approaches the relationship between knowledge-intensive entrepreneurship (KIE) in low-tech, traditional sectors and environmental instability from the perspective of the long severe financial crisis in Greece, which led to a drastic economic downturn. The empirical study builds on a qualitative approach of four case studies of the wood industry in Greece. The analysis sheds light on how KIE affects performance in unstable environments by explaining and enhancing understanding of the connections between knowledge-intensiveness, innovation, competitive advantage and performance during the crisis period. Implications for theory and practice culminate in suggestions for future research.
Keywords: knowledge-intensive entrepreneurship; performance; crisis; low-tech industry; wood sector; knowledge intensity; competitive advantage; innovation; open innovation; environmental instability.
World Review of Entrepreneurship, Management and Sustainable Development, 2015 Vol.11 No.2/3, pp.232 - 246
Published online: 06 Apr 2015 *Full-text access for editors Access for subscribers Purchase this article Comment on this article