Differences in Innovator and Non-innovator Profiles [electronic Resource] : Small Establishments in Business Services

Differences in Innovator and Non-innovator Profiles [electronic Resource] : Small Establishments in Business Services PDF Author: Gellatly, Guy
Publisher: Statistics Canada
ISBN: 9780660179865
Category : Service industries
Languages : en
Pages : 15

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Book Description


Differences in Strategies and Performance of Different Types of Innovators [electronic Resource]

Differences in Strategies and Performance of Different Types of Innovators [electronic Resource] PDF Author: Baldwin, John R. (John Russel)
Publisher: Analytical Studies Branch, Statistics Canada
ISBN: 9780660172927
Category : Business enterprises
Languages : en
Pages : 27

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Book Description
The strategies and competencies of small and medium-sized firms are explored here using the responses to the Survey of Growing Small and Medium Size Enterprises, conducted by Statistics Canada. The paper classifies small and medium-sized firms by innovator type and explores the complementary strategies in management, marketing, human resources and financing that are adopted by each innovator type and the success of each type of innovator. A taxonomy of innovative types is developed that is based on the product/process development orientation of the firm. Differences in competencies in the area of human resources, management, marketing and finance that are possessed by firms in each group are examined. Firms are classified into one of four groups - product innovators, comprehensive (product and process) innovators, process innovators, or non-innovators - based on their responses to 22 innovation-related questions on the survey. These groups correspond to different stages in the development of a product market. Product innovators occupy the first stage, the time when the product is initially introduced. Comprehensive innovators represent the second stage, when the product demand is still growing, and firms in addition to producing new products, have begun to make dramatic improvements in their production efficiencies, by concentrating on process innovations as well as product innovations. Process innovators represent the third phase in the development of a product market, when the product characteristics have become established, and firms seek to improve their market share mainly by improving their production efficiencies. Finally, the last phase is characterized by a relatively stable product line, with a mature production technology. The competencies of firms differ across these innovative types. Comprehensive innovators tend to develop greater capabilities than the other innovators in a wide range of areas. Comprehensive innovators also tend to outperform the other innovators in terms of growth in sales, market share, and employment size. Innovators also tailor their financial strategies to their innovator type. Product innovators focus on a low debt/asset strategy with non-standard sources like venture capital. In later stages oB the innovation life cycle - comprehensive and process innovators place great emphasis on higher debt/asset ratios and make greater use of long-term debt and equity capital.

Innovation Strategies and Performance in Small Firms

Innovation Strategies and Performance in Small Firms PDF Author: John Russel Baldwin
Publisher: Edward Elgar Publishing
ISBN: 9781781009703
Category : Business & Economics
Languages : en
Pages : 394

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Book Description
Features of the volume: comprehensive strategic profiles representative of small-firm populations; information from business surveys and administrative data sources for a better understanding of how strategies and activities relate to firm performance; and an exploration of how small-firm strategies and activities vary across a diverse range of operating environments- from manufacturing to services to science-based environments.

Innovative Firms [electronic Resource] : a Look at Small Firms

Innovative Firms [electronic Resource] : a Look at Small Firms PDF Author: Fred Gault
Publisher:
ISBN: 9780662370550
Category : Business enterprises
Languages : en
Pages : 39

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Book Description
This paper analyzes data from the Survey of Electronic Commerce and Technology 2002, which examined the acquisition of significantly improved technologies and the introduction of new or significantly improved products to the market. The target groups are technological innovators (firms that acquired new technologies and/or sold new products) and non-innovators (firms that neither acquired new technologies nor sold new products). The paper begins by introducing the groups under study and their distribution across firms of different employment size groups. It then looks at innovators by their use of information & communication technologies (ICT), with specific reference to firms with under 20 employees; the presence on the World Wide Web of technological innovators; barriers to ICT use; and methods used to introduce technological change.

Identifying Business Opportunities Through Innovation

Identifying Business Opportunities Through Innovation PDF Author: Wai Fong Boh
Publisher: World Scientific
ISBN: 981126029X
Category : Business & Economics
Languages : en
Pages : 187

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Book Description
If you are an aspiring entrepreneur or a newly initiated one trying to figure out the path to traverse in the course of an uncertain entrepreneurial journey, then this book is for you. If you are a manager looking to innovate and improve your offerings, you will likely find some useful tips in this book.This book aims to guide entrepreneurs and managers on how to go about identifying business opportunities through innovation. It presents lessons and insights gleaned from original research, conducted amongst hundreds of global entrepreneurs, that explored how they went about identifying business opportunities and developing effective business strategies. Besides appropriate business examples from around the world that illustrate some important principles of ideation and execution, we also discuss how companies transform themselves in the face of challenges and difficulties.This book will equip aspiring entrepreneurs and business managers as well as students of entrepreneurship with the necessary skill sets to emerge successful in this turbulent economic climate. Effective tips on identifying potential business opportunities, systematic steps for developing business ideas, as well as strategies for sustaining a business through the adoption of emerging technologies are covered with examples in the book.In these pandemic ridden times, this book will no doubt be a useful resource for entrepreneurs and managers looking to ride out the key challenges and emerge as survivors.

OECD Studies on SMEs and Entrepreneurship The Digital Transformation of SMEs

OECD Studies on SMEs and Entrepreneurship The Digital Transformation of SMEs PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264367608
Category :
Languages : en
Pages : 275

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Book Description
Despite potentially tremendous benefits, small and medium-sized enterprises (SMEs) lag in the digital transformation. Emerging technologies, as diverse as they are, offer a range of applications for them to improve performance and overcome the size-related limitations they face in doing business. However, SMEs must be better prepared, and stakes are high. SMEs make the most of the industrial fabric in many countries and regions, they create jobs (most jobs sometimes) and are the cement of inclusive and sustainable societies.

Electronic Business: Concepts, Methodologies, Tools, and Applications

Electronic Business: Concepts, Methodologies, Tools, and Applications PDF Author: Lee, In
Publisher: IGI Global
ISBN: 1605660574
Category : Computers
Languages : en
Pages : 2838

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Book Description
Enhances libraries worldwide through top research compilations from over 250 international authors in the field of e-business.

Open Innovation in Small Business

Open Innovation in Small Business PDF Author: Ahmad Rafiki
Publisher: Springer Nature
ISBN: 9819951429
Category : Science
Languages : en
Pages : 292

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Book Description
The book emphasizes the open innovation which mainly consists of innovation inside-out and outside-in needed by the small and medium-sized enterprises (SME). This open innovation relates to the performance and survival of SMEs in a global competition. The SMEs must learn, have, and do innovative initiatives and actions. This book elaborates all related concepts and innovative practices toward better performances, which includes the impacts of globalization and dynamic markets with a special focus on sustainability. Every country has different perspectives considering open innovation as a solution to the businesses. Thus, readers can see the best practices to be adopted or adapted in their business environment. The book includes the solution for the SMEs in terms of creating values. Open innovation is known as a window for creating values. Open innovation can be seen by SMEs as a possible way to adapt and thrive in an increasingly competitive and volatile environment, including to overcome their limitations. By implementing open innovation, SMEs will compensate for their lack of internal resources and competencies through external resources to develop new technologies and take advantage of market opportunities. This book is dedicated to the entrepreneurs, businessmen, practitioners, policymakers, academician, and students in developing strategies and having future plan related to innovation which is crucial for creating values in business operations. A benchmarking through innovation is important to improve among businesses to achieve effectiveness and efficiency.

Szycher’s Practical Handbook of Entrepreneurship and Innovation

Szycher’s Practical Handbook of Entrepreneurship and Innovation PDF Author: Michael Szycher
Publisher: CRC Press
ISBN: 135173637X
Category : Business & Economics
Languages : en
Pages : 698

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Book Description
This practical and comprehensive handbook offers step-by-step instruction, guiding entrepreneurs of innovative technology startups all the way from idea to profitability. With its easy-to-follow format aimed at both experienced as well as novice entrepreneurs, this book covers all technical, financial, legal, and governmental hurdles facing startups. It discusses common causes of business failure and points out the pitfalls to avoid in getting innovative technology successfully to market.

Inclusive Innovation

Inclusive Innovation PDF Author: Robyn Klingler-Vidra
Publisher: Taylor & Francis
ISBN: 1000594912
Category : Business & Economics
Languages : en
Pages : 124

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Book Description
Innovation offers potential: to cure diseases, to better connect people, and to make the way we live and work more efficient and enjoyable. At the same time, innovation can fuel inequality, decimate livelihoods, and harm mental health. This book contends that inclusive innovation – innovation motivated by environmental and social aims – is able to uplift the benefits of innovation while reducing its harms. The book provides accessible engagement with inclusive innovation happening at the grassroots level through to policy arenas, with a focus on the South-East Asian region. Focusing on fundamental questions underpinning innovation, in terms of how, what and where, it argues that inclusive innovation has social processes and low-tech solutions as essential means of driving innovation, and that environmental concerns must be considered alongside societal aims. The book's understanding of inclusive innovation posits that marginalized or underrepresented innovators are empowered to include themselves by solving a problem that they are experiencing. The first in-depth exploration of efforts underway to assuage inequality from policy, private sector, and grassroots perspectives, this book will interest researchers in the areas of innovation studies, political economy, and development studies. Chapters 1 and 5 of this book are available for free in PDF format as Open Access from the individual product page at www.routledge.com. It has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.