Innovative Characteristics of Small and Medium Enterprises

Barbara Bigliardi, Pierluigi Colacino, Alberto Ivo Dormio

Abstract


The purpose of the paper is to investigate the technological innovative characteristics in the Small and Medium Enterprises (SMEs) belonging to the Italian manufacturing sector. A survey based on e-mail and fax questionnaire of 285 SMEs was conducted with a response rate of about 45%. On the basis of this survey, the innovative profile of SMEs has been highlighted as well as the factors and problems of innovative process analyzed. The methodology consisted in a descriptive analysis on general data and in a discriminant analysis on data related to the innovative activity and aimed at determine the factors distinguishing more and less innovative companies. The results show that innovative firms are market anticipation and customer focus, point to product enrichment in terms of different characteristics in respect to competitors’ products in order to obtain a superior product in terms of quality. Innovation results to be part of their business strategy and is based more around developing new ways of working than new product innovations.

Keywords


innovation; SMEs; Italy; manufacturing industry

Full Text:

PDF [en]

References


AMARA, N., Landry, R., Doloreux, D. (2009). Patterns of innovation in knowledge-intensive business services. The Service Industries Journal, 29(4), 407-430.

BARROW, M. (2001). Statistics for economics, accounting and business studies. Pearson Education.

BIGLIARDI, B., Dormio, A.I. (2009). An empirical investigation of innovation determinants in food machinery enterprises. European Journal of Innovation Management, 12(2), 223, 242.

CHIESA, V. (2001). RandD Strategy and organisation: managing technical change in dynamic contexts. Imperial College Press, Vol. 5.

CLARYSSE, B., Van Dierdonck, R., Gabriels, W. and Uyt-terhaegen, M. (1998). Strategische verschillen tussen innovative KMOs: een kijkje in de zwarte doos. Publication N. 5, IWT, Brussels.

CRAIG, A., Hart, S. (1992). Where to now in new product development research?. European Journal of Marketing, 26(11), 1-49.

CUMMING, B.S. (1998). Innovation overview and future challenges. European Journal of Innovation Management, 1(1), 21-29.

DAMANPOUR, F. (1991). Organizational innovation: a meta analysis of effects of determinants and moderators. Academy of Management Journal, 34, 555-590.

DARROCH, J., McNaughton, R. (2002), Examining the link between knowledge management practices and types of innovation. Journal of Intellectual Capital, 3(3), 210-22.

DE TONI, A., Grandi, A., Petroni, G., Timidei, A. (1988). Tecnologia e sviluppo dell'impresa. Università degli Studi di Parma, Istituto di scienze dell'ingegneria, Parma.

EUROPEAN COMMISSION (1995). Greenpaper on Innovation, Brussels.

GARCIA, R., Calantone, R. (2002). A critical look at tech -nological innovation typology and innovativeness terminology: a literature review. Journal of Product Innovation Management, 19(2), 110-132.

HAIR,J. F., Anderson, R. E., Tatham, R. L., Black, W. C. (1998). Multivariate Data Analysis, 5th ed.. Macmillan, New York.

HEIDENREICH, M. (2009). Innovation patterns and location of European low- and medium-technology industries. Research Policy, 38(3), 483-494.

HURLEY, R.F., Hult, G.T.M. (1998). Innovation, market orientation, and organizational learning: an integration and empirical examination. Journal of Marketing, 62(3), 42-54.

JOHNE, A. (1999). Successful market innovation. European Journal of Innovation Management, 2(1), 6-11.

KIRNER, E., Kinkel, S., Jaeger, A. (2009). Innovation paths and the innovation performance of low-technology firms - an empirical analysis of German industry. Research Policy, 38(3), 447-458.

KLECKA, W. R. (1980). Discriminant Analysis. Sage Publications, Newbury Park, CA.

LAFORET S., Tann J. (2006). Innovative characteristics of small manufacturing firms. Journal of Small Business and Enterprise Development, 13(3), 363-380.

LEIPONEN, A. (2005). Organisation of knowledge and innovation: the case of Finnish business services. Industry and Innovation, 12(2), 185-203.

LINSTONE, H.A. and Turoff, M. (1975). The Delphi Method - Techniques and Applications. Addison-Wesley, London.

LUNDVALL, B.A. (1992). National systems of innovation: towards a theory of innovation and interactive learning. Frances Printer, London.

MILES, I. (2000). Services innovation: coming in the age of knowledge-based economy. International Journal of Innovation Management, 4(4), 371-389.

MOSEY, S., Clare, J.N., Woodcock, D.J. (2002). Innovation decision making in British manufacturing SMEs. Integrated Manufacturing Systems, 13(3), 176-83.

NARVEKAR, R.S., Jain, K. (2001). The process of technological innovation: issues and directions. Proceedings of the IIth International Forum om Technology Management (IFTM), Bangalore, November 2001.

NARVEKAR, R.S., Jain, K. (2006). A new framework to understand the technological innovation process. Journal of Intellectual Capital, 7(2), 174-186.

OTERO-NEIRA C., Lindman M.T., Fernández M.J. (2008). Innovation and performance in SME furniture industries. Marketing Intelligence and Planning, 27(2), 216-232.

PANAYIDE P. M. (2004). Marketing in Asia-Pacific Logistics Companies: A Discriminant Analysis between Marketing Orientation. Asia Pacific Journal of Marketing and Logistics and Performance, 16(1), 42-68.

PAVITT, K.(1984). Sectoralpatterns oftechnical change:towards a taxonomy and a theory. Research Policy, 13(6), 343-373.

ROGERS, E.M. (1983). Diffusion of Innovations. Free Press, New York.

SCHUMPETER, J.A. (1934). The Theory of Economic Development. Harvard University Press, Cambridge.

STOCK, G.N., Greis, N.P., Fisher, W.A. (2002). Firm size and dynamic technological innovation. Technovation, 22, 537-549.

TABACHNIK, B.G., Fidell, L. S. (2001). Using Multivariate Statistics, 4th ed.. Allyn and Bacon, Boston. ZALTMAN, G., Duncan, R., Holbeck, J. (1973). Innovations and organizations. Wiley, New York, NY.




DOI: http://dx.doi.org/10.4067/S0718-27242011000200006



Copyright (c)



2017 © Universidad Alberto Hurtado - Facultad de Economía y Negocios. 
Erasmo Escala 1835 - Santiago, Chile.
Economic Analysis Review | Observatorio Económico | Gestión y Tendencias