Innovation Capability and Its Measurement in Finnish SMEs

Minna Saunila (), Juhani Ukko and Hannu Rantanen
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Minna Saunila: Lappeenranta University of Technology
Juhani Ukko: Lappeenranta University of Technology
Hannu Rantanen: Lappeenranta University of Technology

Chapter Chapter 21 in Practice-Based Innovation: Insights, Applications and Policy Implications, 2012, pp 417-435 from Springer

Abstract: Abstract The importance of the development of an organisation’s innovation capability for its success is highlighted in current literature. This study provides a comprehensive description of the status quo of Finnish SMEs regarding the different dimensions of innovation capability, expertise, work wellbeing, and the measurement of issues related to innovation capability. The study also clarifies whether the results of the studied issues differ depending on the size of the organisation, the industry and the organisational position. The most important insight of the study is that the perceptions of executives and employees differ significantly with regard to all the studied aspects. The study suggests that both academics and practitioners should focus on the development of new methods and practices for enhancing innovation capability, and especially the measurement of issues related to it.

Keywords: Tacit Knowledge; External Knowledge; Innovation Structure; Innovation Capability; Input Measure (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-21723-4_21

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DOI: 10.1007/978-3-642-21723-4_21

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