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Assessing the Impact of Employee Participation on Team-work Performance: A Way to Reinforce Entrepreneurship

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  • Aikaterina Oikonomou

    (Hellenic Single Public Procurement Authority)

Abstract

The purpose of this study is to examine how the promotion of active participation and teamwork within the firm contribute to business success and consequently helps firms to gain a competitive advantage. Initially, the emphasis is placed on employee participation approach, its characteristics and its contribution to continuous improvement. The concept of teamwork and its basic characteristics are also analyzed for entrepreneurship reinforcement. Specifically, we argue that business units need to adjust their strategy and pursue strategic management practices, in order to exploit the beneficial potentials of employee involvement. In such a way they may achieve a sustainable competitive advantage. The findings of this study are useful to top and middle level managers and policy makers.

Suggested Citation

  • Aikaterina Oikonomou, 2018. "Assessing the Impact of Employee Participation on Team-work Performance: A Way to Reinforce Entrepreneurship," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 68(2-3), pages 48-61, April-Sep.
    • Handle: RePEc:spd:journl:v:68:y:2018:i:2-3:p:48-61
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    File URL: https://spoudai.unipi.gr/index.php/spoudai/article/download/2662/2668/2662-3335-1-SM
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    References listed on IDEAS

    as
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    Cited by:

    1. Pajtim Rrustemi & Blerina Bytyqi & Alberta Tahiri & Idriz Kovaci, 2021. "The Impact of Employee Participation in the Planning Process on Organizational Effectiveness - The Case of Kosovo," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 310-320.

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    More about this item

    Keywords

    Employee Participation; Team Work Performance; Entrepreneurship; Strategic Management; Competitive Advantage;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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