Radical innovation in medium-sized enterprises: an exploratory study of strategic intent and innovation process

Richard DeMartino, Heidi M. Neck, Patricia A. Dwyer and Connie Treese

International Journal of Entrepreneurship and Innovation Management, 2012, vol. 15, issue 3, 216-234

Abstract: There is a significant and growing body of research on radical innovation as a path to corporate renewal and growth. Despite this existing literature, very little is known regarding the role of radical innovation in medium-sized enterprises (MSEs). The vast majority of radical innovation knowledge emerges from research on large established companies. Employing a qualitative and exploratory methodology to examine the radical innovation efforts in nine MSEs, we found that radical innovation tends to be narrowly defined, closely aligned with current businesses, and market-driven. Processes are both formal and ad-hoc but in general lack separation from incremental innovation processes.

Keywords: radical innovation; small and medium-sized enterprises; SMEs; corporate entrepreneurship; USA; New York State; United States; strategic intent; innovation processes; corporate renewal; corporate growth; current business; market-driven innovation; formal processes; ad-hoc processes; incremental processes; innovation management. (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=46650 (text/html)
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:ids:ijeima:v:15:y:2012:i:3:p:216-234

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Innovation Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().