Innovation Strategies and Performance in Small Firms

John Baldwin and Guy Gellatly

in Books from Edward Elgar Publishing

Abstract: John Baldwin and Guy Gellatly find that the strategic decisions young firms make play a critical role in determining their odds for survival and growth. New small firms survive by developing a core set of business skills – skills related inter alia to management, human resources, marketing and financing. Advanced innovation capabilities related to R&D and technology set high-performance firms apart from other businesses. Industry-level differences in product lifecycle, production activity, competitive intensity and the science base all influence the nature of small-firm innovation.

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
JEL-codes: F0 (search for similar items in EconPapers)
Date: 2003
ISBN: 9781843763703
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Citations: View citations in EconPapers (59)

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