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Going Deeper into SMEs’ Innovation Capacity: An Empirical Exploration of Innovation Capacity Factors

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  • Antoine Pierre
  • Anne-Sophie Fernandez

Abstract

This study explores innovation capacity in the specific context of SMEs. Innovation capacity is particularly hard to define in SMEs, as most of their innovative activities are informal and merge into overall firm activities. The objective is to propose a framework for analysis that delves deeper into SMEs? innovation capacity, based on SME specificities. This framework is built on theoretical insights from the entrepreneurship and innovation literature, combined with empirical insights from an in-depth qualitative multiple case study, based on thirty-two innovative SMEs. Our findings confirm and discuss ten critical dimensions of SMEs? innovation capacity previously highlighted by the literature and reveal four new dimensions. These findings allowed us to propose a new framework to analyze SMEs? innovation capacity based on SME specificities. JEL Codes: O32, O33

Suggested Citation

  • Antoine Pierre & Anne-Sophie Fernandez, 2018. "Going Deeper into SMEs’ Innovation Capacity: An Empirical Exploration of Innovation Capacity Factors," Journal of Innovation Economics, De Boeck Université, vol. 0(1), pages 139-181.
    • Handle: RePEc:cai:jiedbu:jie_pr1_0019
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    Citations

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    Cited by:

    1. Samuel Amponsah Odei & Jan Stejskal & Viktor Prokop, 2021. "Revisiting the Factors Driving Firms’ Innovation Performances: the Case of Visegrad Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(3), pages 1331-1344, September.
    2. Sven Kevin van Langen & Renato Passaro, 2021. "The Dutch Green Deals Policy and Its Applicability to Circular Economy Policies," Sustainability, MDPI, vol. 13(21), pages 1-17, October.
    3. Nadine Levratto & Stephane Lhuillery & Thomas Zacharewicz, 2018. "RIO Country Report 2017: France," JRC Research Reports JRC111469, Joint Research Centre.
    4. Sanmugam Annamalah & Murali Raman & Govindan Marthandan & Aravindan Kalisri Logeswaran, 2020. "Embracing Technology and Propelling SMEs through Open Innovation Transformation," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 10(4), pages 95-122.
    5. Muñoz, Camila & Galvez, Daniel & Enjolras, Manon & Camargo, Mauricio & Alfaro, Miguel, 2022. "Relationship between innovation and exports in enterprises: A support tool for synergistic improvement plans," Technological Forecasting and Social Change, Elsevier, vol. 177(C).
    6. Rosalia Castellano & Gennaro Punzo & Giuseppe Scandurra & Antonio Thomas, 2022. "Exploring antecedents of innovations for small‐ and medium‐sized enterprises' environmental sustainability: An interpretative framework," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1730-1748, May.
    7. Antonín Korauš & Katarína Havierniková & Miroslav Gombár & Filip Černák & Miroslav Felcan, 2020. "Dimensions and their elements affecting the innovative activities of agricultural SMEs toward their sustainable development," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 1142-1157, December.

    More about this item

    Keywords

    innovation capacity; small enterprises; SME specificities;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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