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SME development strategy and product/service innovation intention

David Pickernell Orcid Logo, Malcolm J Beynon, Paul Jones Orcid Logo, David Pickernell

The International Journal of Entrepreneurship and Innovation, Volume: 21, Issue: 1, Pages: 3 - 16

Swansea University Authors: David Pickernell Orcid Logo, Paul Jones Orcid Logo

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DOI (Published version): 10.1177/1465750318807401

Abstract

Small and medium-sized enterprises (SME) are tasked with driving economic recovery globally, in terms of contribution to economic growth. Understanding the determinants of SME innovation is essential in clarifying this phenomena. This study investigates the link between SME strategies and intention...

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Published in: The International Journal of Entrepreneurship and Innovation
ISSN: 1465-7503 2043-6882
Published: UK Sage 2020
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URI: https://cronfa.swan.ac.uk/Record/cronfa45002
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first_indexed 2018-10-19T13:19:12Z
last_indexed 2020-06-16T18:58:50Z
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spelling 2020-06-16T16:32:57.8834519 v2 45002 2018-10-19 SME development strategy and product/service innovation intention 913bd73da00d7df4f5038f6f144b235e 0000-0003-0912-095X David Pickernell David Pickernell true false 21e2660aaa102fe36fc981880dd9e082 0000-0003-0417-9143 Paul Jones Paul Jones true false 2018-10-19 BBU Small and medium-sized enterprises (SME) are tasked with driving economic recovery globally, in terms of contribution to economic growth. Understanding the determinants of SME innovation is essential in clarifying this phenomena. This study investigates the link between SME strategies and intention to undertake future innovation, using Federation of Small Businesses data. The analysis employs the novel N-State Classification and Ranking Belief Simplex (NCaRBS) technique, investigating relationships between changes in SME strategies, including staffing levels, importing/exporting and client base, and future (including uncertain) innovation intentions. NCaRBS can analyse an incomplete data set, with missing values in the considered characteristic variables, without the need to manage their presence. NCaRBS can also generate results providing insights into SME behaviour regarding strategy and innovation, while also increasing learning about potential reasons behind SMEs uncertainty regarding innovation intention. The study provides novel perspectives into how SMEs develop innovation intentions and the strategies required to support/exploit such intentions, of value to academia, enterprise support agencies and policymakers Journal Article The International Journal of Entrepreneurship and Innovation 21 1 3 16 Sage UK 1465-7503 2043-6882 Don’t Know; innovation; NCaRBS; SME; strategy; uncertainty 28 1 2020 2020-01-28 10.1177/1465750318807401 http://journals.sagepub.com/doi/10.1177/1465750318807401 COLLEGE NANME Business COLLEGE CODE BBU Swansea University 2020-06-16T16:32:57.8834519 2018-10-19T08:08:53.7145880 David Pickernell 0000-0003-0912-095X 1 Malcolm J Beynon 2 Paul Jones 0000-0003-0417-9143 3 David Pickernell 4 0045002-05112018133438.pdf 45002.pdf 2018-11-05T13:34:38.0500000 Output 916510 application/pdf Accepted Manuscript true 2018-11-04T00:00:00.0000000 true eng
title SME development strategy and product/service innovation intention
spellingShingle SME development strategy and product/service innovation intention
David Pickernell
Paul Jones
title_short SME development strategy and product/service innovation intention
title_full SME development strategy and product/service innovation intention
title_fullStr SME development strategy and product/service innovation intention
title_full_unstemmed SME development strategy and product/service innovation intention
title_sort SME development strategy and product/service innovation intention
author_id_str_mv 913bd73da00d7df4f5038f6f144b235e
21e2660aaa102fe36fc981880dd9e082
author_id_fullname_str_mv 913bd73da00d7df4f5038f6f144b235e_***_David Pickernell
21e2660aaa102fe36fc981880dd9e082_***_Paul Jones
author David Pickernell
Paul Jones
author2 David Pickernell
Malcolm J Beynon
Paul Jones
David Pickernell
format Journal article
container_title The International Journal of Entrepreneurship and Innovation
container_volume 21
container_issue 1
container_start_page 3
publishDate 2020
institution Swansea University
issn 1465-7503
2043-6882
doi_str_mv 10.1177/1465750318807401
publisher Sage
url http://journals.sagepub.com/doi/10.1177/1465750318807401
document_store_str 1
active_str 0
description Small and medium-sized enterprises (SME) are tasked with driving economic recovery globally, in terms of contribution to economic growth. Understanding the determinants of SME innovation is essential in clarifying this phenomena. This study investigates the link between SME strategies and intention to undertake future innovation, using Federation of Small Businesses data. The analysis employs the novel N-State Classification and Ranking Belief Simplex (NCaRBS) technique, investigating relationships between changes in SME strategies, including staffing levels, importing/exporting and client base, and future (including uncertain) innovation intentions. NCaRBS can analyse an incomplete data set, with missing values in the considered characteristic variables, without the need to manage their presence. NCaRBS can also generate results providing insights into SME behaviour regarding strategy and innovation, while also increasing learning about potential reasons behind SMEs uncertainty regarding innovation intention. The study provides novel perspectives into how SMEs develop innovation intentions and the strategies required to support/exploit such intentions, of value to academia, enterprise support agencies and policymakers
published_date 2020-01-28T03:56:33Z
_version_ 1763752849620074496
score 11.037166

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