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Author: Willem Hulsink Publisher: ISBN: Category : Languages : en Pages : 51
Book Description
Social networks matter in the innovation processes of young and small firms, since lsquo;innovation does not exist in a vacuum (Van De Ven, 1986: 601).' The contacts a firm has could both generate advantages for further innovation and growth, and disadvantages leading to inertia and stagnation. In the first case the existing social network or the new business contact provides opportunities furthering eventual success, in the second case, the existing network or the new business contacts turns out to have a constraining or even detrimental effect on performance. The search and use of social capital is driven by goal-specificity: it only includes those ties that help the actor in the attainment of particular goals. Most of the research so far has been deliberately or unwillingly one-sided, by for instance only looking at entrepreneurial firms in dynamic industries (or more specifically, start-ups in the high-tech industries). Or selective attention has been paid to either the internal sources or the external contacts to trigger innovation. And when a conclusive study has been conducted into investigating both the effect of internal and external ties on innovation, the sample often includes large and established companies and managers (instead of entrepreneurs and smaller firms, as what we are interested in). The main line of reasoning in this paper is as follows. In the first section we discuss the key network concepts, such as, social capital, relational embeddedness (strong and weak ties), structural embeddedness (i.e. structural holes). Section two deals with innovation and the central role of knowledge in the discovery and realisation of innovations. Social networks and its potential for knowledge brokering appear to be important and therefore the last section focuses on the relationship between particular network characteristics and innovation.
Author: Willem Hulsink Publisher: ISBN: Category : Languages : en Pages : 51
Book Description
Social networks matter in the innovation processes of young and small firms, since lsquo;innovation does not exist in a vacuum (Van De Ven, 1986: 601).' The contacts a firm has could both generate advantages for further innovation and growth, and disadvantages leading to inertia and stagnation. In the first case the existing social network or the new business contact provides opportunities furthering eventual success, in the second case, the existing network or the new business contacts turns out to have a constraining or even detrimental effect on performance. The search and use of social capital is driven by goal-specificity: it only includes those ties that help the actor in the attainment of particular goals. Most of the research so far has been deliberately or unwillingly one-sided, by for instance only looking at entrepreneurial firms in dynamic industries (or more specifically, start-ups in the high-tech industries). Or selective attention has been paid to either the internal sources or the external contacts to trigger innovation. And when a conclusive study has been conducted into investigating both the effect of internal and external ties on innovation, the sample often includes large and established companies and managers (instead of entrepreneurs and smaller firms, as what we are interested in). The main line of reasoning in this paper is as follows. In the first section we discuss the key network concepts, such as, social capital, relational embeddedness (strong and weak ties), structural embeddedness (i.e. structural holes). Section two deals with innovation and the central role of knowledge in the discovery and realisation of innovations. Social networks and its potential for knowledge brokering appear to be important and therefore the last section focuses on the relationship between particular network characteristics and innovation.
Author: Maximilian Boddenberg Publisher: ISBN: 9783346002426 Category : Languages : en Pages : 24
Book Description
Document from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Ingolstadt University of Applied Sciences, language: English, abstract: This seminar paper tries to find an appropriate attempt to explain the differences regarding innovation in big and medium sized firms and their approaches. The main thesis is that long-term growth in profits depends significantly on firms' investment in innovation activities. In theory, large companies with big research budgets and the resources to hire top scientists and the best skilled employees should have a remarkably huge advantage when it comes to innovation. In practice, however, smaller firms with comparatively tiny budgets often manage to out-innovate the bigger, established competitors. To understand the meaning of innovation, it is important to determine different innovative dimensions. Innovation is often stated as a "driver for success" or the "fuel" that powers our economy and leads it to prosperity, especially in Germany with its traditional organizations and their role in society. It is not only important for the economy, but they can also be a source of political and social ingredients. Innovations will play the key role for the challenges that face our global society in the 21th century. Global problems as the rise of population and mass urbanization, the global garbage problem, or climate change can only be solved by brave innovators. Those challenges can not only be seen as problems, but companies around the world can develop innovative products to accelerate their business success. The central question, regarding big firms is: How can so huge networks and highly branched systems manage the different kind of innovations? Is it really necessary for surviving? One of the problems that many large organizations face is how to innovate successfully within the confines of a massive, bureaucratic operational structure. Nowhere is this more apparent than in the
Author: John Russel Baldwin Publisher: Edward Elgar Publishing ISBN: 9781781009703 Category : Business & Economics Languages : en Pages : 394
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: Tim Mazzarol Publisher: Edward Elgar Publishing ISBN: 9781781003022 Category : Business & Economics Languages : en Pages : 464
Book Description
Strategic Innovation in Small Firms is an investigation of the commercialization practices of small firms across a wide range of industries in nine OECD countries. The authors examine the perspective of these firms' managers on their national innovation systems and on their firm's innovation management practices. The research is focused on understanding the process of innovation management both from the perspective of the small firm and from a broader strategic perspective. Drawing on a database of 567 cases, the contributors examine the commercialization practices of small to medium sized firms across a wide range of industries. They suggest that there are more similarities than differences to be found between countries and industries with size, level of R&D intensity and type of innovation project being important points of difference. The need for increased formality in the commercialization of radical innovations is shown, although they find that most small firms are not characterized by such formality within their innovation management processes.This multinational study in which a common methodology and case study survey protocol is employed, will strongly appeal to academic researchers and research students as well as policymakers engaged in the support for innovation commercialization in SMEs. Entrepreneurs and small business owners will also find plenty of invaluable information in this unique and important resource.
Author: Gurpreet Dhillon Publisher: Springer ISBN: 3642023886 Category : Computers Languages : en Pages : 315
Book Description
This book contains the collection of papers presented at the conference of the International Federation for Information Processing Working Group 8.2 "Information and Organizations." The conference took place during June 21–24, 2009 at the Universidade do Minho in Guimarães, Portugal. The conference entitled "CreativeSME - The Role of IS in Leveraging the Intelligence and Creativity of SME’s" attracted high-quality submissions from across the world. Each paper was reviewed by at least two reviewers in a double-blind review process. In addition to the 19 papers presented at the conference, there were five panels and four workshops, which covered a range of issues relevant to SMEs, creativity and information systems. We would like to show our appreciation of the efforts of our two invited keynote speakers, Michael Dowling of the University of Regensburg, Germany and Carlos Zorrinho, Portuguese coordinator of the Lisbon Strategy and the Technological Plan. The following organizations supported the conference through financial or other contributions and we would like to thank them for their engagement:
Author: Organisation for Economic Co-operation and Development Publisher: Organisation for Economic Co-operation and Development ; [Montreal : Renouf] ISBN: Category : Business & Economics Languages : en Pages : 300
Book Description
Comprises three background reports on which is based the Report by the Committee for Scientific and Technological Policy on innovation in small and medium firms.
Author: Willie Siyanbola Publisher: Routledge ISBN: 1317116321 Category : Business & Economics Languages : en Pages : 379
Book Description
In today's knowledge-driven world, innovation and innovation systems have become key policy issues. However, the extent of knowledge that is available on these concepts in less developed countries is still relatively low. Much of what we know about innovation theory and systems has come from the developed countries and reflects their world view. This apparent knowledge deficit has major implications for less developed countries. Innovation Systems and Capabilities in Developing Regions adds to the growing body of knowledge on developing countries. The theoretical and empirical case studies presented here advance the notion that, while developing countries may not engage in frontier research, a critical knowledge base upon which these countries compete for global markets is emerging. There is evidence that state and non-state actors are increasingly emphasising policies that sit within the framework of national innovation systems. This book illuminates this shift in policy competence at national levels. The contributions in this volume highlight the need for thorough understanding of the role of diffusion-based innovation linked to technology transfer and acquisition. They also provide empirical evidence on the drivers, dynamics and impact of such innovation in developing economies and the constraints that apply. Contributors also document the application of the innovation system approach in developing countries as well as the build-up and diffusion of technological capabilities within innovation systems. Academics, higher level students, policy makers and practitioners involved with innovation and the economics of technical change, particularly in developing countries, will find this a valuable book.
Author: Hamid Etemad Publisher: Edward Elgar Publishing ISBN: 1845421558 Category : Business & Economics Languages : en Pages : 299
Book Description
The drivers of globalization are removing the barriers that segregated the competitive space of the small and large firms in the past. It is becoming increasingly difficult for independent small firms to thrive in their traditional markets unless they are globally competitive. Managing an enterprise's commercial, industrial and political relations well, regardless of size and location, is the essence of the entrepreneurial challenge in this competitive arena. Small and medium size enterprises (SMEs) often face very different issues than large multinational enterprises do when confronting internationalization. This volume provides an in-depth discussion of these challenges. The contributors to this volume explore the emerging patterns of SME growth and international expansion in response to the evolving competitive environment, dynamics of competitive behavior, entrepreneurial processes and formulation of strategy. They examine the basis and requirements of growth and expansion from three perspectives: the rapidly-changing environment in which business is conducted, entrepreneurial characteristics, and the evolving strategic and competitive response to this changing business environment. Business leaders, scholars and students interested in international business and entrepreneurship will welcome this volume.
Author: Willem Hulsink
Author: Willem Hulsink
Author: Maximilian Boddenberg
Author: John Russel Baldwin
Author: Roy G. Rothwell
Author: Tim Mazzarol
Author: Lakshmanam Rathakrishnan
Author: Gurpreet Dhillon
Author: Organisation for Economic Co-operation and Development
Author: Willie Siyanbola
Author: Hamid Etemad