Going Deeper into SMEs’ Innovation Capacity: An Empirical Exploration of Innovation Capacity Factors
Antoine Pierre and
Anne-Sophie Fernandez
Journal of Innovation Economics, 2018, vol. n° 25, issue 1, 139-181
Abstract:
This study explores innovation capacity in the specific context of SMEs. Innovation capacity is particularly hard to define in SMEs, as most of their innovative activities are informal and merge into overall firm activities. The objective is to propose a framework for analysis that delves deeper into SMEs? innovation capacity, based on SME specificities. This framework is built on theoretical insights from the entrepreneurship and innovation literature, combined with empirical insights from an in-depth qualitative multiple case study, based on thirty-two innovative SMEs. Our findings confirm and discuss ten critical dimensions of SMEs? innovation capacity previously highlighted by the literature and reveal four new dimensions. These findings allowed us to propose a new framework to analyze SMEs? innovation capacity based on SME specificities. JEL Codes: O32, O33
Keywords: innovation capacity; small enterprises; SME specificities (search for similar items in EconPapers)
JEL-codes: O32 O33 (search for similar items in EconPapers)
Date: 2018
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