Innovation And Small Firms

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Innovation and Small Firms

Author : Zoltán J. Ács,David B. Audretsch
Publisher : MIT Press
Page : 234 pages
File Size : 53,9 Mb
Release : 1990
Category : Business & Economics
ISBN : 0262011131

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Innovation and Small Firms by Zoltán J. Ács,David B. Audretsch Pdf

Utilizing a unique data set, Zoltan Acs and David Audretsch provide a rich empirical analysis of the increased importance of small firms in generating technological innovations and their growing contribution to the U.S. economy. They identify the contributions made by both small and large firms to the innovative process and the manner in which market structure, and the firm-size distribution in particular, responds to technological change. The authors' analysis relies on traditional theories of industrial organization and tests existing hypotheses, many of them previously untested due to data constraints. Innovation and Small Firms brings together two large data bases recently released by the U. S. Small Business Administration - one directly measuring innovative activity for large and small firms, the other providing a detailed census of economic activity for all manufacturing firms and plants across a broad spectrum of industries. Acs and Audretsch describe and evaluate the data bases in the context of the literature on innovation, market structure, and firm size. They present their findings on the presence of small firms, small-firm entry in manufacturing, small-firm growth and flexible technology, and mobility and firm size. They compare static and dynamic measures of small-firm viability and address the relationships between R&D, innovation, and productivity, and analyze the interaction between technological regimes and the role of government in innovation.

Innovation Strategies and Performance in Small Firms

Author : John Russel Baldwin,Guy Gellatly
Publisher : Edward Elgar Publishing
Page : 394 pages
File Size : 44,9 Mb
Release : 2003
Category : Business & Economics
ISBN : 1781009708

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Innovation Strategies and Performance in Small Firms by John Russel Baldwin,Guy Gellatly Pdf

Features of the volume: comprehensive strategic profiles representative of small-firm populations; information from business surveys and administrative data sources for a better understanding of how strategies and activities relate to firm performance; and an exploration of how small-firm strategies and activities vary across a diverse range of operating environments- from manufacturing to services to science-based environments.

Entrepreneurship and Innovation

Author : Tim Mazzarol,Sophie Reboud
Publisher : Springer Nature
Page : 529 pages
File Size : 53,7 Mb
Release : 2019-11-27
Category : Business & Economics
ISBN : 9789811394126

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Entrepreneurship and Innovation by Tim Mazzarol,Sophie Reboud Pdf

This book provides an overview of the theory, practice and context of entrepreneurship and innovation at both the industry and firm level. It provides a foundation of ideas and understandings designed to shape the reader’s thinking and behaviour to better appreciate the role of innovation and entrepreneurship in modern economies, and to recognise their own abilities in this regard. The book is aimed at students studying advanced levels of entrepreneurship, innovation and related fields as well as practitioners (for example, managers, business owners). As entrepreneurship and innovation are largely indivisible elements and cannot be adequately understood if studied separately, the book provides the reader with an overview of these elements and how they combine to create new value in the market. This edition is updated with recent international research, including research and examples from Europe, the US, and the Asia-Pacific region.

Small Firms and Innovation Policy in Japan

Author : Cornelia Storz
Publisher : Routledge
Page : 208 pages
File Size : 46,7 Mb
Release : 2006-01-16
Category : Business & Economics
ISBN : 9781134207510

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Small Firms and Innovation Policy in Japan by Cornelia Storz Pdf

This new book discusses the extent to which the Japanese economy encourages entrepreneurship and innovation. Although Japan has a strong reputation as an innovator, some people argue that this reputation is misplaced. Contrary to earlier expectations, the USA rather than Japan emerged as the leader in the biotech industries in the 1990s, and also many small firms in Japan supply only a few – or just one – other company, thereby limiting their view of the marketplace and the commercial opportunities within it. Despite the increase of international patents, international scientific citations and a positive technology trade balance, the Japanese innovation system is weak in giving birth to radical innovations. The book explores fully these issues, making comparisons with other countries where appropriate. It concludes that the Japanese innovation system has both advantages and disadvantages and contributes to a better understanding of how policy changes take place.

Are Small Firms Important? Their Role and Impact

Author : Stephen Ackermann
Publisher : Springer Science & Business Media
Page : 180 pages
File Size : 43,8 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461551737

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Are Small Firms Important? Their Role and Impact by Stephen Ackermann Pdf

Are Small Firms Important? Their Role and Impact proposes and supports the claim that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation and innovation that leads to technological change, productivity and economic growth. Second, small firms are the essential mechanism by which millions enter the economic and social mainstream of American society. The public policy implications for sustained economic growth and social well-being is the continued high-level creation of new and small firms by all segments of society. It should be the role of government policy to facilitate that process by eliminating entry barriers, lowering transaction costs, and minimizing regulation.

Managing Open Innovation in SMEs

Author : Wim Vanhaverbeke
Publisher : Cambridge University Press
Page : 253 pages
File Size : 45,9 Mb
Release : 2017-06
Category : Business & Economics
ISBN : 9781107073029

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Managing Open Innovation in SMEs by Wim Vanhaverbeke Pdf

This book uses in-depth case studies to provide a structured analysis of open innovation practices in small and medium-sized enterprises.

The Strategy of Small Firms

Author : Tim Mazzarol,Sophie Reboud
Publisher : Edward Elgar Publishing
Page : 400 pages
File Size : 48,5 Mb
Release : 2009
Category : Business planning
ISBN : PSU:000067210787

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The Strategy of Small Firms by Tim Mazzarol,Sophie Reboud Pdf

The majority of businesses throughout the world are small firms and they play a crucial role in the economic growth of the world's economies. The authors offer a conceptual framework supported by their own original case study data to explain how and why a small firm should approach strategic planning.

Innovation in SMEs and Micro Firms

Author : Manuel Fernández-Esquinas,Madelon van Oostrom,Hugo Pinto
Publisher : Routledge
Page : 228 pages
File Size : 49,5 Mb
Release : 2018-12-07
Category : Business & Economics
ISBN : 9781351016148

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Innovation in SMEs and Micro Firms by Manuel Fernández-Esquinas,Madelon van Oostrom,Hugo Pinto Pdf

What is the role of culture in the innovation dynamic of small firms within the context of their territorial environments? How do shared values, beliefs and practices underpin the knowledge production process that leads to innovation? In what way do symbolic aspects of social life shape European SMEs’ innovation processes? This volume gives an extensive insight into the complex links between culture and innovation in one of the key agents of economic life: SMEs and micro firms. The chapters employ different analytical and methodological strategies in regions of Europe to identify dimensions of culture, especially values, norms, skills and institutions, and to scrutinize which specific components of culture are relevant to firm innovation and to the more general dynamics of regional innovation. The original research presented shows how small firms learn, interact, compete and collaborate with other key agents of the innovation system. Taken as a whole, the volume points the way towards a more comprehensive framework for understanding the nature of innovation in SMEs and micro firms. The chapters in this book were originally published as a special issue of European Planning Studies.

Innovation in Small Firms

Author : Henry Ivers
Publisher : Nova Science Publishers
Page : 0 pages
File Size : 43,9 Mb
Release : 2013
Category : New products
ISBN : 1629482463

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Innovation in Small Firms by Henry Ivers Pdf

This book examines the extent to which product innovations stem from small, young firms versus large, established firms by analysing the patenting behaviour of public firms derived from the NBER-Compustat database and assembling a dataset of private and public firms from the Thomas Register of American Manufacturers. The Thomas Register evidence shows that small firms are surprisingly capable of inventing and managing products relative to large firms. In 2002, small firms had an average of 10.01 products, while large firms had an average of 21.44 products; thus, small firms had on average half the number of products per firm compared to large firms. The NBER-Compustat evidence shows that small firms are more innovative per dollar of R&D than large firms, and the extent to which this occurs is decreasing in firm age; and young firms are more innovative per dollar of R&D than old firms, and the extent to which this occurs is decreasing in firm size.

Innovation in Small Family Businesses

Author : Sylvie Laforet
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 51,8 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9781781004180

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Innovation in Small Family Businesses by Sylvie Laforet Pdf

This informative book provides a critical and comprehensive review of the research on innovation in small businesses particularly, the family-owned businesses. Innovation in Small Family Businesses explores how innovation is developed and carried out in small family-owned businesses, the factors underpinning it, and the innovation drivers and barriers in these firmsÕ context. Sylvie Laforet also offers suggestions on how innovation can be fostered and perhaps, sustained in small family-owned businesses and discusses the governmentÕs role in this. The book makes an important contribution to the theoretical development of family firmsÕ and small businessesÕ innovation. The detailed and critical literature review will provide useful reference points for both academics and students and identifies avenues for future research for the area. Policymakers and practitioners will also find this compact compendium insightful.

Innovation in Small Construction Firms

Author : Peter Barrett,Martin Sexton,Angela Lee
Publisher : Routledge
Page : 119 pages
File Size : 49,6 Mb
Release : 2008-01-11
Category : Business & Economics
ISBN : 9781134161744

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Innovation in Small Construction Firms by Peter Barrett,Martin Sexton,Angela Lee Pdf

Presenting new theoretical and practical insights and models grounded in descriptive case studies, Innovation in Small Construction Firms promotes the benefits of innovation within and between small and medium sized (SMEs) construction firms.

Strategic Innovation in Small Firms

Author : Tim Mazzarol,Sophie Reboud
Publisher : Edward Elgar Publishing
Page : 464 pages
File Size : 50,9 Mb
Release : 2011-08-31
Category : Business & Economics
ISBN : 1781003025

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Strategic Innovation in Small Firms by Tim Mazzarol,Sophie Reboud Pdf

Strategic Innovation in Small Firms is an investigation of the commercialization practices of small firms across a wide range of industries in nine OECD countries. The authors examine the perspective of these firms' managers on their national innovation systems and on their firm's innovation management practices. The research is focused on understanding the process of innovation management both from the perspective of the small firm and from a broader strategic perspective. Drawing on a database of 567 cases, the contributors examine the commercialization practices of small to medium sized firms across a wide range of industries. They suggest that there are more similarities than differences to be found between countries and industries with size, level of R&D intensity and type of innovation project being important points of difference. The need for increased formality in the commercialization of radical innovations is shown, although they find that most small firms are not characterized by such formality within their innovation management processes.This multinational study in which a common methodology and case study survey protocol is employed, will strongly appeal to academic researchers and research students as well as policymakers engaged in the support for innovation commercialization in SMEs. Entrepreneurs and small business owners will also find plenty of invaluable information in this unique and important resource.

Small Firms as Innovators

Author : Helena Forsman
Publisher : World Scientific
Page : 220 pages
File Size : 44,5 Mb
Release : 2015-03-19
Category : Business & Economics
ISBN : 9781783266357

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Small Firms as Innovators by Helena Forsman Pdf

Small Firms as Innovators: From Innovation to Sustainable Growth provides a rich empirical analysis of innovation in the context of small business. The book first introduces the general innovation patterns present in small firms. It then progresses to demonstrate how these firms create and strengthen their innovation capacity, how they transform this capacity into real-world innovations and how these innovations are exploited for creating superior competitiveness that can be transforemed into sustainable growth. To conclude, this book offers both theoretical and empirical insights for measuring and managing innovation performance in small firms. Contents:IntroductionInnovation Patterns in Small FirmsThe Capacity of Small Firms to InnovateFrom Innovations to GrowthTowards Superior or Lost Competitiveness Innovation Engine to Forster Learning in Small FirmsConclusions for Moving ForwardAppendix: Details Behind the Figures Readership: Graduate students and researchers who are interested in small-firm innovation and sustainable development. Key Features:A new approach that shifts the focus from an innovation to an innovator A holistic understanding on the dynamics leading from innovation to growth and sustainable competitiveness This book focuses on small firms (departing from the usual focus group — larger firms)Keywords:Competitiveness;Innovation;Growth;Small Firms;Sustainability

Rural Entrepreneurship and Innovation in the Digital Era

Author : Lokuge, Sachithra,Sedera, Darshana
Publisher : IGI Global
Page : 337 pages
File Size : 41,9 Mb
Release : 2020-11-06
Category : Business & Economics
ISBN : 9781799857655

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Rural Entrepreneurship and Innovation in the Digital Era by Lokuge, Sachithra,Sedera, Darshana Pdf

Though entrepreneurship has been studied for decades, in recent years, the study of “rural entrepreneurship” has emerged as an upcoming subtopic of the area. With the growth and continual ease of utilizing digital technologies to support entrepreneurial activities, these technologies now provide unique opportunities for advancing rural entrepreneurship. Though prior research focused on challenges for IT use in rural areas that specifically investigated investment and management issues, it is important to study all challenges and opportunities involved in this developing area of research. Rural Entrepreneurship and Innovation in the Digital Era is a pivotal reference source that provides vital research on the utilization of digital technologies in rural business ventures. Unlike other references, this book studies the conceptualization process of rural entrepreneurship and innovation with the intention of providing guidelines and support for entrepreneurs. While highlighting topics such as microfinancing, risk management, and rural development, this publication explores innovative practices as well as the methods of IT investment and management. This book is ideally designed for business professionals, entrepreneurs, business researchers, academics, and business students.

financial development and innovation in small firms

Author : Sharma,Siddharth Sharma
Publisher : World Bank Publications
Page : 33 pages
File Size : 46,7 Mb
Release : 2007
Category : Access to Finance
ISBN : 8210379456XXX

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financial development and innovation in small firms by Sharma,Siddharth Sharma Pdf

Abstract: This paper uses firm level data from a cross-section of 57 countries to study how financial development affects innovation in small firms. The analysis finds that relative to large firms in the same industry, spending on research and development by small firms is more likely and sizable in countries at higher levels of financial development. The estimates imply that among firms doing research and development in a country like Romania, which is at the 20th percentile of financial development, a 1 standard deviation decrease in firm size is associated with a decrease of 0.7 standard deviations in research and development spending. In contrast, this decrease is only 0.2 standard deviations in a country like South Africa, which is at the 80th percentile of the distribution of financial development. Small firms also report producing more innovations per unit of research and development spending than large firms, and this gap is narrower in countries at higher levels of financial development. As a robustness check, the author shows that these patterns are stronger in industries inherently more reliant on external finance.