search query: @indexterm Productivity / total: 1465
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| Author: | Freel, M.S. Robson, P.J.A. |
| Title: | Small firm innovation, growth and performance: Evidence from Scotland and Northern England |
| Journal: | International Small Business Journal
2004 : DEC, VOL. 22:6, p. 561-575 |
| Index terms: | Small business Innovation Productivity Growth Models United Kingdom |
| Freeterms: | SME |
| Language: | eng |
| Abstract: | In this article, Ordinary Least Squares (OLS) estimation techniques are used to examine the effect of firms' innovation (hereafter as: inn.) activities on their growth (here as: gr.) performance. The survey covers 1347 respondents. This article employs four measures of gr., that is: gr. in employment; gr. in turnover; gr. in productivity, and change in the profit margin. These measures of gr. are analysed separately for manufacturing and service firms. The models are re-estimated with the current sales and profit levels adjusted for the number of employees. The findings highlight a positive relationship btw. novel product inn. and employment gr. and, for manufacturing firms, at least in the short term, a negative relationship btw. product inn. and gr. in sales or productivity. By contrast, growing sales and productivity appear positively associated with incremental process introductions in service firms. |
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