GLOBAL INNOVATION: AN ANSWER TO MITIGATE BARRIERS TO INNOVATION IN SMALL AND MEDIUM-SIZED ENTERPRISES?

Stephan Buse, Rajnish Tiwari and Cornelius Herstatt
Additional contact information
Stephan Buse: Institute of Technology and Innovation Management, Hamburg University of Technology, Hamburg, Germany
Rajnish Tiwari: Institute of Technology and Innovation Management, Hamburg University of Technology, Hamburg, Germany
Cornelius Herstatt: Institute of Technology and Innovation Management, Hamburg University of Technology, Hamburg, Germany

International Journal of Innovation and Technology Management (IJITM), 2010, vol. 07, issue 03, 215-227

Abstract: Innovations have acquired a key role in the growth and competition strategies of firms today. They are regarded as an essential tool for stimulating growth and enabling firms to master the competition brought about by the forces of globalization. However, in particular, many small and medium-sized enterprises (SMEs) in Western countries are facing insurmaintable barriers to innovation. To what extent might the concept of global innovation and, more specifically, the internationalization of research and development (R&D) be an answer to deal with these problems, is discussed in this paper. Based on empirical studies conducted by the authors in Germany, the paper presents results from research-in-progress and proposes a reference model for chances and challenges of global innovation activities.

Keywords: SMEs; global innovation; internationalization of R&D (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0219877010001970
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijitmx:v:07:y:2010:i:03:n:s0219877010001970

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0219877010001970

Access Statistics for this article

International Journal of Innovation and Technology Management (IJITM) is currently edited by H K Tang

More articles in International Journal of Innovation and Technology Management (IJITM) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().