Innovation practice and its performance implications in small and medium enterprises (SMEs) in the manufacturing sector: a resource‐based view
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Abstract
Abstract Small and medium enterprises (SMEs) in the manufacturing sector make a significant contribution to economic growth, yet most of the research into innovation management in the manufacturing sector has focused on large organizations. This article, however, identifies innovation drivers and their performance implications in manufacturing SMEs. Its study gathered survey data from a sample of 600 Australian SMEs and found that SMEs are similar to large firms with respect to the 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 study therefore concludes that SMEs' performance…
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866
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- 54.64
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Authors
1Topics & keywords
Topics
Keywords
- Business
- Manufacturing sector
- Industrial organization
- Sample (material)
- Resource (disambiguation)
- Marketing
- Small and medium-sized enterprises
- Process (computing)
UN Sustainable Development Goals
- Industry, innovation and infrastructure
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