Do SMES cluster around innovation activities? discovering active, incremental and opportunistic innovators

Gian Luca Casali, Roxanne Zolin, Sukanlaya Sawang

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

Do SMEs cluster around different types of innovation activities? Are there patterns of SME innovation activities? To investigate we develop a taxonomy of innovation activities in SMEs using a qualitative study, followed by a survey. First, based upon our qualitative research and literature review we develop a comprehensive list of innovation activities SMEs typically engage in. We then conduct a factor analysis to determine if these activities can be combined into factors. We identify three innovation activity factors: R and D activities, incremental innovation activities and cost innovation activities. We use these factors to identify three clusters of firms engaging in similar innovation activities: active innovators, incremental innovators and opportunistic innovators. The clusters are enriched by validating that they also exhibit significant internal similarities and external differences in their innovation skills, demographics, industry segments and family business ownership. This research contributes to innovation and SME theory and practice by identifying SME clusters based upon their innovation activities.

Original languageEnglish
Title of host publicationPromoting Innovation In New Ventures And Small- And Medium-sized Enterprises
Subtitle of host publicationSeries on Technology Management
PublisherWorld Scientific Publishing
Chapter17
Pages419-444
Number of pages26
ISBN (Electronic)9781786343482
DOIs
Publication statusPublished - 15 Sep 2017
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2018 by World Scientific Publishing Europe Ltd.

Keywords

  • cluster analysis
  • factor analysis
  • Innovation
  • innovation activities
  • SME
  • taxonomy

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

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