Author: Roy Rothwell
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Analyzes the role of small- to medium-sized manufacturing firms in innovation and the economy, arguing for active government assistance. Small- to medium-sized firms (SMEs), defined as firms with less than 500 employees, play a crucial role in the economy, though this analysis supports Schumpeter's (1939) argument that the role of SMEs varies from industry to industry, and within an industry as it develops. Multiple general and technology policy reasons are given for support of SMEs, including that SMEs lead to a more favorable balance of economic power, mutually beneficial small/large firm relations, and a significant source of employment. Additionally, research supporting a model developed by Abernathy and Utterbach (1975) shows that in certain industry sectors, small firms contribute to a disproportionately high percentage of radical innovations. Similarly, calculations of the National Science Foundation's industrial R&D statistics (1976) show that small firms have performed better in terms of innovation measured against dollar expenditure than have large firms. The importance and effectiveness of entrepreneurship in small firms is discussed, as well as strategies for large firms to adopt small-firm entrepreneurial methods. After analyzing the differing economic roles of SMEs in the United Kingdom, Japan, and the United States, it is determined that SMEs play the most vital role in the United States where they are seen as the cornerstone of a free market economy -- though differences from sector to sector are to be accounted for. Thus, SMEs merit government support, which they have been receiving in many forms, including entrepreneurial education, tax concessions, technical and information services, a network of industrial research organizations, etc. Concludes that SMEs are essential to the innovative progress of the economy, especially playing highly significant roles at the early, fluid stages of development in new technological industries. (CJC).
Author: Roy G. Rothwell
Publisher: Springer
ISBN:
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
Author: Zoltán J. Ács
Publisher: MIT Press
ISBN: 9780262011136
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
Utilizing a unique data set, Zoltan Acs and David Audretsch provide a rich empirical analysis of the increased importance of small firms in generating technological innovations and their growing contribution to the U.S. economy. They identify the contributions made by both small and large firms to the innovative process and the manner in which market structure, and the firm-size distribution in particular, responds to technological change. The authors' analysis relies on traditional theories of industrial organization and tests existing hypotheses, many of them previously untested due to data constraints. Innovation and Small Firms brings together two large data bases recently released by the U. S. Small Business Administration - one directly measuring innovative activity for large and small firms, the other providing a detailed census of economic activity for all manufacturing firms and plants across a broad spectrum of industries. Acs and Audretsch describe and evaluate the data bases in the context of the literature on innovation, market structure, and firm size. They present their findings on the presence of small firms, small-firm entry in manufacturing, small-firm growth and flexible technology, and mobility and firm size. They compare static and dynamic measures of small-firm viability and address the relationships between R&D, innovation, and productivity, and analyze the interaction between technological regimes and the role of government in innovation.
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.
Author: Bjørn T. Asheim
Publisher: Edward Elgar Publishing
ISBN: 1781009651
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
'A must read for academics and regional planners alike who wish to understand the workings of a regional innovation system. The authors have given a fresh, comprehensive and sound analysis which offers an excellent framework for regional innovation policy design.' - Mikel Landabaso, European Commission, Brussels, Belgium This book provides an extensive evaluation of the numerous policy instruments used by regional governments in Europe to promote innovation activity in Small and Medium sized Enterprises (SMEs). The instruments are compared and benchmarked in order to identify 'good practice', in an effort to bridge the gap between the theory of regional innovation and real-world policy implementation.
Author: Roy Rothwell
Publisher:
ISBN: 9780903804936
Category : Industrial promotion
Languages : en
Pages : 268
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Book Description
Author: Wim Vanhaverbeke
Publisher: Cambridge University Press
ISBN: 1108165796
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
The concept of open innovation (OI) has become a very popular topic during the last decade, with an increasing number of small- and medium-sized enterprises (SMEs) embracing OI practices to gain competitive advantage. With the majority of publications focusing on large firms, open innovation in SMEs has received scant attention from both scholars and practitioners. This book seeks to correct this imbalance by providing an in-depth study for both business managers and graduate-level students. Using rich, in-depth case studies from successful companies, it examines different approaches to managing OI in order to develop practical guidelines for implementation. It also highlights important differences between OI strategies in SMEs and large companies. Its findings will be of use to those studying or working in innovation management, open innovation, small business management and entrepreneurship.
Author: Katharina Jarmai
Publisher: Springer Nature
ISBN: 9402417206
Category : Philosophy
Languages : en
Pages : 101
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Book Description
This Open Access book, Responsible innovation provides benefits for society, for instance more sustainable products, more engagement with consumers and less anxiety about emerging technologies. As a governance tool it is mostly driven by research funders, including the European Commission, under the term “responsible research and innovation” (RRI). To achieve uptake in private industry is a challenge. This book provides successful case studies for the implementation of responsible innovation in businesses. The importance of social innovations is emphasized as a link between benefits for society and profits for businesses, especially SMEs. For corporate industry it is shown how responsible innovation can offer a competitive advantage to adopters. The book is based on the latest insights from theory and practice and combines conceptual work with first-hand experience. It is of interest to innovation managers, entrepreneurs and academics. For academics, the book will provide a combination of analysis and discussion, and present recent learnings from first-hand interaction with entrepreneurs. For innovation managers and entrepreneurs, it will provide inspiration and better ideas about what responsible innovation can look like in practice, why others have “done it” and what the potential benefits might be. The book will thus serve the purposes of spreading the word about the responsible innovation concept among different audiences whilst making it more accessible to innovation managers and entrepreneurs.
Author: Information Resources Management Association
Publisher: IGI Global
ISBN: 1466638877
Category : Business & Economics
Languages : en
Pages : 2031
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Book Description
"This book provides a comprehensive collection of research on current technological developments and organizational perspectives on the scale of small and medium enterprises"--Provided by publisher.
Author: Joe Tidd
Publisher: Wspc (Europe)
ISBN: 9781786343475
Category : Knowledge management
Languages : en
Pages : 498
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Book Description
Since the pioneering work scholars such as Joseph Schumpeter and Peter Drucker, the fields of innovation and entrepreneurship have evolved to become two separate and distinct disciplines. Schumpeter 1 focused on the contributions of entrepreneurial startups and smaller firms, whereas Schumpeter 2 emphasized the role of formal research, development and industrial innovation in larger firms. Unfortunately, the study and practice of each field has suffered as a result: entrepreneurship has become preoccupied with individual entrepreneurs and small business creation, and innovation is dominated by corporate R&D and new product development. Promoting Innovation in New Ventures and Small and Medium Sized Enterprises (SMEs) aims to bridge these two fields by examining innovation in new ventures and SMEs. This book identifies themes which can reunite the study and practice of entrepreneurship and innovation by examining a potentially bridging phenomenon. The focus here is on high growth, innovative SMEs, and the interactions between SMEs and larger organizations, private and public. It is organized around three overlapping themes: SME innovation performance, practices and networks.
