Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View,
MetadataShow full item record
Small and medium enterprises (SMEs) in the manufacturing sector make a significant contributionto economic growth, yet most of the research into innovation management in the manufacturingsector has focused on large organizations. This article, however, identifies innovation driversand their performance implications in manufacturing SMEs. Its study gathered survey data froma sample of 600 Australian SMEs and found that SMEs are similar to large firms with respect tothe way that innovation strategy and formal structure are the key drivers of their performance,but do not appear to utilize innovation culture in a strategic and structured manner. This studytherefore concludes that SMEs’ performance is likely to improve as they increase the degree towhich they mirror large manufacturing firms with respect to formal strategy and structure, andto which they recognize that innovation culture and strategy are closely aligned throughout theinnovation process.
This is the accepted version of the following article: Terziovski, Mile. 2010. Innovation Practice and its Performance Implications in Small and Medium Enterprises (SMEs) in the Manufacturing Sector: A Resource-Based View. Strategic Management Journal. 31 (8): pp. 892-902, which has been published in final form at http://doi.org/10.1002/smj.841
Showing items related by title, author, creator and subject.
Firm survival through a crisis: the influence of market orientation, marketing innovation and business strategyNaidoo, Vik (2010)As an outcome of the economic crisis, the global manufacturing sector is collapsing. Focusing on Chinese manufacturing small and medium enterprises (SMEs), this study investigates whether marketing innovation, defined as ...
Yunus, A. M. Shiddiq (2012)Due to the rising demand of energy over several decades, conventional energy resources have been continuously and drastically explored all around the world. As a result, global warming is inevitable due to the massive ...
Guercini, S.; Woodside, Arch (2012)Purpose – The purpose of this paper is to describe inter-firm marketing cooperation as a strategy by small and medium enterprise (SME) players in local systems of fashion firms. Design/methodology/approach – This case ...