Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View,
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 performa...
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| Format: | Journal Article |
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John Wiley & Sons Ltd
2010
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| Online Access: | http://hdl.handle.net/20.500.11937/14395 |
| _version_ | 1848748611691610112 |
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| author | Terziovski, Mile |
| author_facet | Terziovski, Mile |
| author_sort | Terziovski, Mile |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | 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. |
| first_indexed | 2025-11-14T07:07:48Z |
| format | Journal Article |
| id | curtin-20.500.11937-14395 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:07:48Z |
| publishDate | 2010 |
| publisher | John Wiley & Sons Ltd |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-143952019-02-19T05:34:54Z Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View, Terziovski, Mile manufacturing model performance strategy SME innovation 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. 2010 Journal Article http://hdl.handle.net/20.500.11937/14395 10.1002/smj.841 John Wiley & Sons Ltd fulltext |
| spellingShingle | manufacturing model performance strategy SME innovation Terziovski, Mile Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View, |
| title | Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View, |
| title_full | Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View, |
| title_fullStr | Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View, |
| title_full_unstemmed | Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View, |
| title_short | Innovation Practice and its Performance Implications in Small to Medium Enterprises (SMEs): A Resource-Based View, |
| title_sort | innovation practice and its performance implications in small to medium enterprises (smes): a resource-based view, |
| topic | manufacturing model performance strategy SME innovation |
| url | http://hdl.handle.net/20.500.11937/14395 |