Examining SME performance: the role of innovation, R&D and internationalisation
Timothy L. Pett and
James A. Wolff
International Journal of Entrepreneurial Venturing, 2011, vol. 3, issue 3, 301-314
Abstract:
SME capabilities have long been viewed as a means for firms to succeed in the marketplace. Within this paper, we develop the theoretical underpinnings for hypothesised relationships between SME capabilities (innovation, R&D activities and internationalisation) on two-distinct forms of SME performance (sales growth and profitability). Multiple regression analyses is used to test the proposed relationships using questionnaire data from 181 mid-western-based SMEs. Significant relationships were found among the innovation, R&D activities and internationalisation capabilities for both forms of performance. A discussion of the implications for these findings with respect to managerial practice and future research is provided.
Keywords: small and medium-sized enterprises; SMEs; SME performance; SME capabilities; innovation; R&D activities; research and development; internationalisation; sales growth; profitability. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeven:v:3:y:2011:i:3:p:301-314
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