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Author:Terziovski, M.
Title:Innovation practice and its performance implications in small and medium enterprises (SMEs) in the manufacturing sector: a resource-based view
Journal:Strategic Management Journal
2010 : AUG, VOL. 31:8, p. 892-902
Index terms:small and medium-sized enterprises (SMEs)
manufacturing
innovation
performance appraisal
Australia
Language:eng
Abstract:This article aims at identifying innovation drivers and their performance implications in manufacturing small and medium-sized enterprises (SMEs). Based on survey data from a sample of 600 Australian SMEs, it is found that SMEs are similar to large firms in the way of innovation strategy and formal structure being the key drivers of the performance. Yet, they do not seem to utilize innovation culture in a strategic and structured manner. Thus, it is concluded that SMEs' performance is probably improving with the increasing of the degree to which they mirror large manufacturing firms as to formal strategy and structure etc.
SCIMA record nr: 274096
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